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20/03/2016 05:59 AST
Emaar Properties said on Saturday it plans to submit a proposal to give 15 per cent of the share capital or 15 fills per share — the same as the previous year — to its shareholders.
The proposal will be sent for approval at its annual general meeting, the owner of Dubai Mall said in a statement posted on Dubai Financial Market’s website.
The board also approved its financial statements for 2015 and also plans to set April 18 as the date to hold its annual general meeting.
Its unit Emaar Malls had plans to give dividend of 10 per cent or 10 fills per share, it said in a statement on March 9.
Emaar Properties recorded an 18 per cent higher net operating profit at Dh4.383 billion in 2015, while revenues jumped 33 per cent to Dh13.661 billion.
Emaar has a land bank of approximately 195 million square metres in Dubai and international markets.
On Thursday, shares of Emaar rose more than 5 per cent to end at Dh6.27 in a strong Dubai market.
The stock has gained 10 per cent in the year so far, compared to 7 per cent gains on the Dubai index.
Gulfnews
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