The photo has been used for illustrative purposes.
The fourth Annual General Meeting (AGM) of Emaar Malls, approved the distribution of Dhs1.301 billion ($354 million) dividend, representing 10 per cent of the share capital being 10 fils per share, to the shareholders.
Emaar Development, the UAE build-to-sell property development business majority-owned by Emaar Properties has recorded an impressive growth in the sale of its residential property launches in Dubai to Dhs9.350 billion ($2.546 billion),
The National Central Cooling Company, Tabreed, has acquired an 80 per cent stake in Emaar Properties’ Downton Dubai district cooling business. The UAE-based district cooling developer announced the Dhs2.48 billion ($675 million) acquisition on Monday,
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.3%, Japan's Nikkei returned from a two-day holiday to slip 0.4%. Hong Kong and Shanghai remain steady.
The pan-European STOXX 600 rose 1.3%, with Germany's DAX, London's FTSE 100 and France's CAC 40 gaining between 1.6% and 2.0%.
French business activity fell in September -- its first drop in four months -- according to a key survey released Wednesday which found firms blamed renewed coronavirus disruptions for the slowdown.