UAE property giants help drive Bahrain’s $492m tourism capital influx

Major investments from UAE-based property developers helped Bahrain rank first in the Middle East and Africa (MEA) region for attracting the highest...

Consultant

All change at the top for Emaar

With a number of Dubai projects slated for completion in 2021, including the vast Emaar Hills Mall, the UAE’s largest developer starts...

Construction

JV deal to bring Dubai Aquarium-style attraction to Bahrain’s Marassi Galleria shopping mall

Eagle Hills and Emaar Entertainment have formed a joint venture (JV) to bring an aquarium and underwater zoo to the Marassi Galleria...

Consultant

Emaar Properties H1 2020 revenues hit $2.45bn admist ‘volatile market’

Emaar Properties has announced H1 revenues of $2.45 billion and more than $544.4 million in net profit. In a statement, the Dubai-based...

Consultant

Coronavirus: Emaar announces salary cuts across its businesses

Emaar Properties has cut executive and staff salaries across its businesses, as the COVID-19 pandemic halts projects and impacts revenue from malls...

Construction

Tabreed acquires 80% stake in Emaar’s Downtown Dubai district cooling business for $675mn

The UAE-based National Central Cooling Company (Tabreed) has said that it has reached an agreement with Emaar Properties, the Duba-based developer, for...

Construction

Coronavirus: Emaar Properties donates $27.2mn to fund designed to fight COVID-19

Emaar Properties is donating $27.2m to support the ‘Social Solidarity Fund against COVID-19, which was launched by the Islamic Affairs and Charitable...

Construction

Coronavirus: Emaar rolls out work-from-home policy in response to pandemic

The Emaar Group has announced a work-from-home policy for its employees effective March 23, as part of preventive measures being undertaken in...

Construction

Emaar Malls posts 5% growth in revenue for 2019, reaching $1.27bn

Emaar Malls, the shopping malls and retail business, majority owned by the Dubai-based developer, Emaar Properties, has announced a 5% growth in...

Construction

Emaar Properties announces new master development

Emaar Properties has described its newest master-planned development The Valley as 'groundbreaking'. Located on the outskirts of Dubai's Dubai-Al Ain Road, Emaar...