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10/02/2018 06:08 AST
Dubai-based Emaar Properties made $1.8 billion in profit and close to $5 billion in sales in 2017, Mohamed Alabbar, chairman of the listed developer said.
The figure is an increase on the $1.43 billion profits reported in 2016.
"We've been growing about 20 to 25 percent on an annual basis," Alabbar was quoted as saying by a Khaleej Times report at a conference in Abu Dhabi.
Emaar, in which the Dubai government owns a minority stake, reported double-digit quarterly sales growth in each of the first three quarters of 2017, it said.
Trade Arabia
28/03/2018
Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties, has expanded the portfolio of hotel projects under its Vida Hotels and Resorts brand, with the new Vida Za’abeel.<
Trade Arabia
21/03/2018
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 project
The National
06/03/2018
Dubai-based Emaar Development has unveiled an exclusive collection of ultra-luxury apartments, penthouses and podium-level townhouses in The Grand, a spectacularly designed residential tower located
Trade Arabia
Ticker | Price | Volume |
---|---|---|
SABIC | 114.77 | 5,915,941 |
SAMBA | 26.98 | 1,138,683 |
DARALARKAN | 13.47 | 74,648,349 |
Ticker | Price | Change |
---|---|---|
EMAARMALLS | 2.16 | 0.00 (0.00 |
EMAARDEV | 5.33 | 0.03 (0.56 |
DAMAC | 3.01 | -0.01 (-0.34 |
UPP | 0.88 | -0.01 (-1.13 |
ARTC | 2.23 | 0.00 (0.00 |
05/04/2018
SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.
Saudi Gazette
05/04/2018
Standard & Poor’s (S&P) has affirmed QIB’s Issuer Credit Rating at A-, Qatar’s leading Islamic bank has said in a release. According to S&P, the major contributing factors strengthening QIB’s rating
Gulf Times
05/04/2018
Qatar National Bank (QNB) aims to increase its profit by 5-8 percent this year and loans and investments by 10-12 percent, helped by expansion into faster-growing Southeast Asia markets, its CEO told
The Peninsula
04/04/2018
Doha Bank has announced the official inauguration of its Chennai Branch, in the southern Indian state, will be held today. This is Doha Bank’s third city in India after its successful establishment o
The Peninsula
04/04/2018
Bank of Sharjah said it has engaged SHUAA Capital International as liquidity providers for its shares and will commence the activity from April 4. SHUAA Capital International shall not hold more than
Gulf News