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,
Green investment is the act of forgiving debt held by low-income countries in exchange for an environmentally sustainable project.
Pursuant to the Decree, the Board of Directors of the CBUAE shall be reconstituted by the following members; Abdulrahman Saleh Al Saleh as the Vice Chairman; Jassem Mohammad Buatabah Al Zaabi as Vice Chairman; and Khalid Mohammed Salem Balama as Governor of CBUAE.
The UAE tourism sector performed outstandingly in 2020 despite the impact of the COVID-19 pandemic, revealed by the Ministry of Economy, noting that the sector was among the least affected and fastest to recover around the world.
Dubai’s non-oil foreign trade strongly rebounded from the challenges posed by the global economic repercussions of COVID-19 and the suspension of business activity by countries across the world in the first half of last year to record high growth in 2020.