#Emaar Properties
Emaar’s financial results for 2024 reflected strong operational performance and continued growth across its key business segments
The valuation and other terms of a potential transaction are not finalised
Expo Living is a short drive from the upcoming Al Maktoum International Airport, which is poised to become Dubai’s mega gateway for international travel
Emaar’s recurring revenue-generating portfolio collectively generated revenue of Dhs4.6bn during H1 2024, representing 32 per cent of its total revenue
The mall recorded a growth in retail sales in the first six months of 2024, ranging from 8 to 15 per cent higher than the same period last year
The new additions, Address Beach Resort Bahrain and Vida Beach Resort Marassi-Al-Bahrain, will allow members to earn and redeem Upoints, the programme’s currency
The government tasked a ministerial committee to assess the damages and disburse compensations in cooperation with other federal and local entities
The central bank said banks will not impose additional fees, interest or profits for loan repayment deferrals
The developer has unveiled a land space increase by 108 per cent, and a hike in development value to Dhs73bn
The Dubai-based developer reported a 7 per cent increase in revenues to Dhs26.7bn ($7.3bn)
The banking and transportation divisions’ respective contributions to the wealth fund’s profit soared by Dhs8.2bn and Dhs7.7bn
Cancelled events include those being organised by community management teams at Emaar and Nakheel for their residential communities
It is the largest in-mall hypermarket operated by Lulu Group
Almost all the stocks on the index were in negative territory including blue-chip developer Emaar Properties
Alabbar underscored the performance of Emaar Properties’ during H1 2023, driven by the economy and tourism sectors
The developer’s group property sales, rose by 14 per cent to Dhs20.2bn
A waterfront luxury development, The Oasis by Emaar offers large mansions and villas with stunning views of lakes and canals
Emaar’s group property sales reached Dhs9.2bn, an 11 per cent increase compared to Q1 2022
The property developer plans to continue making healthy investments in its workforce while attracting top global talent to foster more inclusive growth
From next Tuesday, there will be no shareholding limit for non-UAE nationals
A special resolution to remove the minimum contribution of UAE and GCC nationals in the company was also passed
Emaar Properties’ revenue for the first quarter of the year increased by 12 per cent to total $1.806bn
The new shopping, dining and entertainment destination is home to Roxy Cinemas, Adventure Park and a roller coaster among other offerings
Its 2021 revenue stood at $7.697bn, posting an increase of 57 per cent compared to the previous year
The merger is expected to complete before the end of this year
Emaar agrees to promote the court’s Wills Service to provide additional protection on real estate investments in the UAE
Its net profit increased 8 per cent from $166m in Q1 2020 to $179m in Q1 2021
The Dubai Financial Market General Index jumped 0.8 per cent as Emaar advanced as much as 2.8 per cent
Emaar Properties reported a 57.8 per cent drop in net profit for 2020
As part of the transaction, the existing business of Emaar Malls will be reconstituted in a wholly owned subsidiary of Emaar Properties