Aldar rises 6.5 per cent, Emaar Properties gains 1.2 per cent at market open

21/03/2018 11:33 AST

The shares of Aldar and Emaar Properties, two of the the UAE’s biggest developers, rose during early trade on Wednesday after unveiling a strategic alliance to develop local and international projects worth Dh30 billion a day earlier.

Aldar shares rose 6.5 per cent on Abu Dhabi Securities Exchange and Emaar, the developer behind the world's tallest tower, Burj Khalifa, gained 1.2 per cent on Dubai Financial Market within the first half hour of trading on bets that the joint venture deal will boost their businesses.

The venture will initially start with lifestyle developments on Saadiyat Grove in the cultural district of Abu Dhabi’s Saadiyat Island and Emaar Beachfront, Dubai media office said in a statement yesterday.


The National

Emaar signs definitive documentation with ADNH to divest five hospitality assets in Dubai

28/11/2018

Emaar Properties PJSC (DFM: EMAAR) has announced that its whollyowned hospitality and leisure business subsidiary, Emaar Hospitality Group has signed definitive documentation with Abu Dhabi National

Press Release

Emaar unit sells five premium hotels to Abu Dhabi group

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Dubai-based developer Emaar Properties has announced that its wholly-owned hospitality and leisure business subsidiary, Emaar Hospitality Group, has signed definitive documentation with Abu Dhabi Nat

Trade Arabia

Emaar and Noor Bank offer fast-track home finance

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Emaar Development, the global developer, has partnered with Noor Bank, a leading Shari’a-compliant bank in the UAE, to offer an exclusive, fast-track home financing programme for UAE residents and in

The Gulf Today

Ticker Price Volume
QNBK 195.00 241,526
APPC 53.30 133,976
JARIR 154.40 89,382
SAICO 11.92 520,367
SABIC 119.80 1,240,718
WALAA 22.38 162,893
STC 84.50 76,808
EMAAR Sector Market
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Ticker Price Change
EMAARMALLS 1.72 0.02 (1.17%)
EMAARDEV 4.49 0.18 (4.17%)
DAMAC 1.67 -0.06 (-3.47%)
ARTC 1.90 0.03 (1.60%)
DEYAAR 0.34 0.01 (3.63%)
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According to the

Gulf Times

NBF awarded ‘Best Islamic Window UAE’ award

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National Bank of Fujairah (NBF) announced that NBF Islamic has retained the ‘Best Islamic Window — UAE’ accolade for the third consecutive year at the Islamic Business and Finance Awards 2018.
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The Gulf Today

UAE investment group buys key stake in Gulf Navigation

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UAE-based Goldilocks Investment Company said it has reached an agreement with Gulf Navigation Holding, a leading maritime and shipping company based in Dubai, to acquire a 18.32 per cent stake in the

Trade Arabia

Agility Kuwait invests $100 mln in logistic technology sector

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Agility Public Warehousing Company (KSC) announced Monday investing $100 million for the next three years in logistic technology sector, via launching a digital platform to manage electronicallylinke

Arab Times

Alinma Bank hosts Fintech Forum

10/12/2018

ALINMA Bank hosted its first-ever FinTech-focused event at the Four Seasons hotel in last Dec. 3, 2018. The gathering was hosted by the bank in partnership with FinTech Saudi and Alinma Investment Co

Saudi Gazette