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
Emaar now has a total sales backlog of Dhs36.677bn, of which Dhs24.738bn is in the UAE
The developer’s revenue figures for Q1-Q3 2020 totaled Dhs13.37bn
It recorded Dhs9.032bn in revenues for H1 2020
The biggest listed companies in the UAE by market capitalisation
Located in the centre of Dubai Creek Harbour the new retail hub will include a Chinatown, a waterpark and an Art District
The biggest listed companies in the Gulf region
The biggest listed companies in the UAE as ranked by market capitalisation
The Gulf’s largest companies by market capitalisation, revenues and countries, as researched by Markaz.
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