Officials during the market-opening ceremony to celebrate the listing of a $500m Sukuk on Nasdaq Dubai.
Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, recorded an increase in net profit by 3 per cent during the first six months (January to June) of 2019 to Dhs1.130 billion (US$ 308 million), compared to the net profit of Dhs1.102 billion (US$ 300 million) during the same period
Dubai: Emaar on Wednesday announced the launch of Ease by Emaar - a streamlined short-term rental concept that provides global travellers exceptional stays in elegant homes
Emaar Properties exhibited a resilient performance in FY 2019 by recording net profit of Dhs6.200 billion as compared to net profit of Dhs6.139 billion in FY 2018.
"The UAE has adopted elaborate regulation as well as established a dedicated regulatory body. The country has already issued licences for more than 30 exchanges to be set up," says Guy Burton.
The company announced two weeks ago that it would cancel 900 connections in July. Now it will take out of the system a further 2,200 of a total of 80,000 flights, Lufthansa said, dpa news agency reported.
According to data from hotel management analytics firm STR, Dubai ranked No.1 globally in hotel occupancy, ahead of other international destinations including New York, London and Paris for the January-April 2022 period.