The 23rd Annual General Meeting (AGM) of Emaar Properties on Monday approved the distribution of Dhs1.07 billion ($290 million) as dividend to the shareholders, representing 15 per cent of the share capital being 15 fils per share. The meeting approved the report by the Board of Directors on the activities
Emaar is building the world’s new sailing destination by the historic Dubai Creek near Bur Dubai/Deira, the very heart of the Dubai’s glorious coastal heritage, in the very location where the city made its tryst with the future.
Chairman of Emaar Properties Mohamed Alabbar said, "This crisis has impacted everyone, and we are keen to aid efforts to accelerate government measures to restore normal life. To mitigate the current situation, we need to streamline the efforts of both corporates and individuals."
Emaar chairman Mohamed Alabbar has told the UAE’s leading contractors that they must prepare for a new way of working as the economic activity gradually starts to pick up.
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.
Emaar Properties announced on Friday it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek waterfront,
The Abu Dhabi Crown Prince was accompanied by Mohamed Alabbar, Chairman of Emaar Properties.
Emaar Properties on Thursday launched Burj Crown, a new, 44-storey luxury residential tower located on the vibrant Sheikh Mohammed Bin Rashid Boulevard with direct views of Dubai Opera and Burj Khalifa.
Emaar Properties signed a Memorandum of Understanding with Xiaomi, a global technology leader with the world’s largest Internet of Things, IoT, consumer platform, to launch ‘Emaar Smart Home’ - a new,