Emaar Properties on Sunday announced 146 per cent increase in net profit for the second quarter on robust contribution of its subsidiaries. The builder of the world’s tallest tower reported a net profit of Dh614 million for June quarter, compared to
Emaar Properties PJSC, the global developer of iconic projects, described a net operating profit of Dhs1.22bn ($332m) for the first half of 2012 compared to the half year 2011 net operating profit of Dhs843m ($230m), an increase of 45%. The company's net
Emar properties, the global property developer and Dubai properties group, a member of Dubai Holding mutually finalized a deal of land transaction in DUBAILAND. The plot is located on Al Qudra road adjoining the Arabian Ranches development; Emaar’s fully
Nasdaq Dubai, the region's international exchange, welcomed the listing of a $500m Sukuk on its market by Emaar Properties PJSC, the Dubai-based global property developer. The listing is the first by Emaar on NASDAQ Dubai and constitutes the second
Emaar Properties saw strong demand for a $ 500 million seven-year sukuk, priced yesterday, arranging banks said, in the latest sign that investor confidence in Dubai is returning as state-owned firms repay their debts. Orders worth $ 4.65 billion were
Emaar Properties PJSC, the developer of the world’s tallest tower in Dubai, paid a lower profit rate than last year when it raised $500 million from the sale of Islamic bonds. The Dubai-based developer offered a profit rate of 6.4 percent on the
Emaar Properties, builder of the world’s tallest tower, plans to issue a $500mn seven-year sukuk this week, arranging banks said, joining a growing list of Gulf Arab entities tapping demand for Islamic debt. The potential sale would mark the Dubai
Emaar Properties is meeting with investors in London today for a possible new sukuk, or Islamic bond, issue under the company’s $2 billion programme, according to the builder of the world’s tallest tower, Burj Khalifa. The Dubai-based property developer
Emaar Properties, builder of the world's tallest tower Burj Khalifa, has picked banks to arrange investor meetings in London ahead of a possible new Islamic bond, or sukuk, issue. The company, the Gulf's largest listed developer by market value, has
Emaar Hospitality Group, the hospitality and leisure subsidiary of global property developer Emaar Properties, has acquired the management of Al Manzil and Qamardeen hotels, two key hospitality assets of Emaar, located in Downtown Dubai. The two hotels
Emaar Properties has acquired the management of two hotels in Downtown Dubai as it swaps housing for hospitality. The Dubai developer of the Burj Khalifa is increasingly focusing on retail and hotel development to compensate for a slowdown in demand for