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
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.