Saturday 30 May 2015
 
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Emaar

Emaar to float Egypt unit on Cairo bourse

Dubai's Emaar Properties plans to list a 13 per cent stake in its Egyptian unit on Cairo's stock exchange, the largest listed developer in the UAE said on Wednesday. The share sale will comprise a public offering to retail

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Emaar Hospitality to manage four projects in Bahrain

Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties, has announced its expansion to Bahrain with plans to open four new properties. The group has also signed hotel and serviced reside

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Emaar re-elects Alabbar as board chairman

Dubai-based real estate developer Emaar Properties has re-elected Mohamed Alabbar as the board chairman, as the company gears up for its next level of growth with ambitious joint venture projects worth Dh200 billion ($55 billion) in Dubai.

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Emaar Properties eyes $1bn profit for 2015

Dubai's Emaar Properties forecast a 2015 net profit of Dh3.695 billion ($1.01 billion), according to a presentation at the developer's annual shareholder meeting. This is higher than the Dh3.366 billion average forecast fo

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Emaar has enough land bank: Alabbar

Dubai-based Emaar has a land bank of more than 235 million sq m and it is enough for decades to come, the company's chairman has been quoted as saying. Mohamed Alabbar, in an interview with  Arabian Business, said he had

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Alabbar insists Emaar still his focus

The chairman of Emaar Properties has insisted he remains committed to the Dubai-based developer in the face of concern about the number of roles he has taken on at other real estate companies. Shareholders are expected to raise qu

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Emaar chairman's outside deals 'stir investor unrest'

As chairman of Emaar Properties, Mohamed Alabbar has shaped much of Dubai's skyline, but rapid growth in his outside real estate interests is raising the possibility of a rarity in the Gulf - open shareholder dissent. Speculat

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Emaar chairman's outside deals 'stir investor unrest'

As chairman of Emaar Properties, Mohamed Alabbar has shaped much of Dubai's skyline, but rapid growth in his outside real estate interests is raising the possibility of a rarity in the Gulf - open shareholder dissent. Speculat

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Emaar launches new residential tower in Dubai

Leading regional developer Emaar has launched a 55-storey residential flagship tower, Downtown Views, that boasts spectacular views of Downtown Dubai, Burj Khalifa and Burj Lake in Dubai, UAE. Downtown Views is conveniently locate

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Emaar denies rumours of chairman quitting

Emaar Properties, Dubai's largest listed real estate developer, said on Thursday it categorically denied rumours that its chairman Mohamed Alabbar intended to leave the company. Alabbar is managing the company's business o

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