Friday 19 September 2014
 
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Emaar Properties

Emaar Q2 profit rises 29pc to top $236m

Dubai's Emaar Properties made a net profit of Dh868 million ($236.3 million) in the second quarter (Q2) of 2014, a 28.6 percent increase compared to Dh675 million achieved in the corresponding period in 2013. Dubai's large

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Emaar to develop Al Mamzar beachfront project

Emaar Properties, a global developer of iconic projects, and Dubai Municipality have signed a Memorandum of Understanding (MoU) to develop a mixed-use beachfront lifestyle development in Al Mamzar. Emaar will conduct feasibility s

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Emaar aims to quadruple profits by 2018

Emaar Properties, Dubai's largest listed real estate developer, predicted on Wednesday that its profits would more than quadruple by 2018 as the emirate's economy booms and the company's overseas business expands. The

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Emaar Q1 profit up 55pc; hits $235m

Emaar Properties, recorded a net profit of Dh863 million ($235 million) during the first quarter (Q1) of 2014, marking a 55 per cent increase over the Q1 2013 net profit of Dh556 million. It is also 14 per cent higher than the fou

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Emaar expands top community with 177 villas

Emaar Properties, the builder of Burj Khalifa, the world's tallest building, is set to launch an extension featuring 177 villas to its Arabian Ranches, a major residential community in Dubai. Inspired by Spanish coastal archit

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Arabtec unit wins $282m Emaar contract

A subsidiary of Dubai builder Arabtec Holding has won a 1.04 billion dirham ($282.33 million) contract to build over 1,500 townhouses for developer Emaar Properties, Arabtec said on Wednesday. The subsidiary, Arabtec Construction, will

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Emaar to redeem bond issue in Feb

Dubai's Emaar Properties will redeem the outstanding amount of its $500 million convertible bond issue on February 6, the developer said in a bourse filing. Paper worth $237.5 million was still outstanding following an earlier

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Emaar nets $184 million in Q2, up 10pc

Dubai-based Emaar Properties has posted a net profit of Dh675 million ($184 million) for the second quarter of 2013 as against Dh614 million net profit for the corresponding period of 2012, marking an increase of 10 per cent. The

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Emaar, Meraas launch new ‘Dubai Inn' brand

Leading developer Emaar Properties said it has joined hands with Meraas Holding, a top Dubai-based development company, to launch a new hotel brand, ‘Dubai Inn’ focused on the affordable segment. 

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Emaar Properties Q1 net profit slips 8pc

Emaar Properties, Dubai's largest property developer, reported an 8 percent drop in first-quarter net profit on Tuesday, missing analysts' forecasts, as sales and administration expenses rose sharply. The builder of the wo

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