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 Properties declares cash dividend of Dh1b

23/04/2018

Emaar Properties PJSC on Sunday evening approved the distribution of a Dh1 billion ($272.25 million) dividend to shareholders.
Sunday’s announcement brings the total cash dividend for the year t

Gulf News

Emaar, Arada launch three big hospitality projects in Sharjah

13/04/2018

In a significant deal that will boost the hospitality landscape of Sharjah, Emaar Hospitality Group, a subsidiary of UAE developer Emaar Properties, has signed a partnership deal with Arada, a joint

Trade Arabia

Emaar unit launches Mideast’s first ‘dine-in cinema’

11/04/2018

Reel Cinemas, the dynamic cinema brand under Emaar Entertainment, the leisure and entertainment arm of UAE developer Emaar Properties, said it has teamed up with international superstar chef Guy Fier

Trade Arabia

Ticker Price Volume
QNBK 152.99 194,592
SABIC 122.74 4,734,347
STC 84.53 189,775
ALMARAI 60.12 820,477
BURUJ 34.09 93,849
WALAA 34.02 310,680
SAICO 20.47 465,764
EMAAR Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
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Ticker Price Change
EMAARMALLS 2.15 0.01 (0.46%)
EMAARDEV 5.56 0.01 (0.18%)
DAMAC 2.77 -0.21 (-7.05%)
UPP 0.82 -0.02 (-2.03%)
ARTC 2.16 0.00 (0.00%)
Amanat increases payout by AED 11.4 MN at Annual General Meeting

23/04/2018

Amanat Holdings PJSC (“Amanat”), the GCC’s largest healthcare and education investment company, today announced that it has concluded its annual general meeting (“General Meeting”) on April 22, 2018.

Press Release

Union Properties shareholders dismiss chairman, two board members

23/04/2018

Union Properties, the Dubai-based developer that swung to a Dh2.38 billion loss last year, said on Sunday its shareholders dismissed the chairman, and two other board members at the annual general as

The National

UDC & QNB sign LoI to finance Gewan Island project

23/04/2018

United Development Company (UDC), one of Qatar’s leading shareholding companies and master developer of The Pearl-Qatar, and QNB have signed a letter of intent (LoI) to work on providing future finan

The Peninsula

Doha Bank records 4.7% profit growth

23/04/2018

Doha Bank has recorded a solid net profit of QR381m for the first quarter of 2018 (Q1, 18), up 4.7 percent, compared to QR364m for the same period in 2017. The Bank increased net interest income by 7

The Peninsula

Vodafone Qatar connects Lusail City to the future

23/04/2018

An agreement signed by Vodafone Qatar and Qatari Diar Real Estate Investment Company today sets Lusail City on course to become one of the most technologically advanced and connected cities in the wo

The Peninsula