Company Insights Emaar Properties Real Estate Emaar Properties News Opinion Banking & Finance The rise of AI and the fall of cash: 5 banking trends for 2025 Customers are becoming more demanding, tech is evolving and neobanks are disrupting the status quo January 6, 2025 Finance Emaar EC cuts accumulated losses by nearly 54% Emaar the Economic City (Emaar EC) has cut accumulated losses without disrupting business operations after shareholders approved a capital decrease. Abdulaziz Ibrahim Alnowaiser, CEO of the master developer of King Abdullah Economic City (KAEC) in Saudi Arabia, said: “The capital decrease is a critical enabler of our capital optimisation plan.” The approved capital cuts will reduce the company’s […] January 2, 2025 Markets Dubai index falls from 10-year peak but remains bullish Dubai’s index fell on Wednesday, easing from this week’s 10-year peak, as investors booked some profits from recent gains. Its longer-term outlook remains bullish according to analysts. The emirate’s equity benchmark is up 24 percent in 2024, making it among the top performers globally this year. “From an economic growth perspective, Dubai merits that level […] December 18, 2024 Real Estate Emaar hikes dividend distribution for 2024 Emaar Properties said on Friday that it would double dividend payouts in 2024 over the previous year. The Dubai-listed property developer will disburse AED 8.8 billion (US$ 2.4 billion), or 100 percent of its share capital, up from AED 4.4 billion (US$ 1.2 billion) in 2023, according to a press release. “At Emaar, our priority […] December 13, 2024 Opinion Real Estate Dubai home renovations: enough to drive a man to drink Real estate may be peaking if the work in my apartment block is anything to go by December 6, 2024 Analysis Real Estate Why Saudi real estate stocks are less popular than you might think Saudi Arabia has rising property prices, soaring homeownership rates and steady mortgage approvals – so you might think its real estate sector would be in high demand on the stock market. This is the case in Dubai, where Emaar Properties and its subsidiaries serve as a proxy for equity investors to gain exposure to the […] November 27, 2024 Analysis Construction Jeddah Tower will be world’s tallest building, but sky’s the limit Since the invention of the modern high-rise in the early 1900s, to the completion of the Burj Khalifa in 2010, the height of the tallest building in the world grew nearly five fold, or 661 metres, going from the 167 metres of the Philadelphia City Hall to the Burj’s 828 metres. The Jeddah Tower, on […] November 15, 2024 Construction Emaar revenue surges 30% on strong property sales Revenues of Emaar Properties, Dubai’s largest listed real estate company, rose 30 percent year on year in the first nine months of 2024, driven by growth in property sales. The top line reached AED23.8 billion ($6.5 billion), up from AED18.4 billion a year earlier. Property sales hit AED50 billion in the first nine months of […] November 12, 2024 Real Estate Emaar’s Alabbar eyes major investment in Madagascar Emaar founder Mohamed Alabbar is planning a major investment in Madagascar, marking the island nation as his next big venture. “Madagascar is the next new thing in my life,” Alabbar said at the Future Investment Initiative in Riyadh on Tuesday. “It’s going to be a very big investment,” he said, but did not provide further […] October 30, 2024 Real Estate Dubai’s bellwether Emaar to report Q3 profit rise Dubai’s Emaar Properties, bellwether of the emirate’s bourse, and its real estate development subsidiary, are likely to report sizeable increases in third-quarter profits versus the preceding three months as margins expand and under-construction projects reach revenue recognition thresholds. Emaar Properties owns 79 percent of Emaar Development and also has hospitality and retail divisions. It is […] October 24, 2024 Posts navigation Previous 1 2 3 4 … 14 Next
Opinion Banking & Finance The rise of AI and the fall of cash: 5 banking trends for 2025 Customers are becoming more demanding, tech is evolving and neobanks are disrupting the status quo January 6, 2025
Finance Emaar EC cuts accumulated losses by nearly 54% Emaar the Economic City (Emaar EC) has cut accumulated losses without disrupting business operations after shareholders approved a capital decrease. Abdulaziz Ibrahim Alnowaiser, CEO of the master developer of King Abdullah Economic City (KAEC) in Saudi Arabia, said: “The capital decrease is a critical enabler of our capital optimisation plan.” The approved capital cuts will reduce the company’s […] January 2, 2025
Markets Dubai index falls from 10-year peak but remains bullish Dubai’s index fell on Wednesday, easing from this week’s 10-year peak, as investors booked some profits from recent gains. Its longer-term outlook remains bullish according to analysts. The emirate’s equity benchmark is up 24 percent in 2024, making it among the top performers globally this year. “From an economic growth perspective, Dubai merits that level […] December 18, 2024
Real Estate Emaar hikes dividend distribution for 2024 Emaar Properties said on Friday that it would double dividend payouts in 2024 over the previous year. The Dubai-listed property developer will disburse AED 8.8 billion (US$ 2.4 billion), or 100 percent of its share capital, up from AED 4.4 billion (US$ 1.2 billion) in 2023, according to a press release. “At Emaar, our priority […] December 13, 2024
Opinion Real Estate Dubai home renovations: enough to drive a man to drink Real estate may be peaking if the work in my apartment block is anything to go by December 6, 2024
Analysis Real Estate Why Saudi real estate stocks are less popular than you might think Saudi Arabia has rising property prices, soaring homeownership rates and steady mortgage approvals – so you might think its real estate sector would be in high demand on the stock market. This is the case in Dubai, where Emaar Properties and its subsidiaries serve as a proxy for equity investors to gain exposure to the […] November 27, 2024
Analysis Construction Jeddah Tower will be world’s tallest building, but sky’s the limit Since the invention of the modern high-rise in the early 1900s, to the completion of the Burj Khalifa in 2010, the height of the tallest building in the world grew nearly five fold, or 661 metres, going from the 167 metres of the Philadelphia City Hall to the Burj’s 828 metres. The Jeddah Tower, on […] November 15, 2024
Construction Emaar revenue surges 30% on strong property sales Revenues of Emaar Properties, Dubai’s largest listed real estate company, rose 30 percent year on year in the first nine months of 2024, driven by growth in property sales. The top line reached AED23.8 billion ($6.5 billion), up from AED18.4 billion a year earlier. Property sales hit AED50 billion in the first nine months of […] November 12, 2024
Real Estate Emaar’s Alabbar eyes major investment in Madagascar Emaar founder Mohamed Alabbar is planning a major investment in Madagascar, marking the island nation as his next big venture. “Madagascar is the next new thing in my life,” Alabbar said at the Future Investment Initiative in Riyadh on Tuesday. “It’s going to be a very big investment,” he said, but did not provide further […] October 30, 2024
Real Estate Dubai’s bellwether Emaar to report Q3 profit rise Dubai’s Emaar Properties, bellwether of the emirate’s bourse, and its real estate development subsidiary, are likely to report sizeable increases in third-quarter profits versus the preceding three months as margins expand and under-construction projects reach revenue recognition thresholds. Emaar Properties owns 79 percent of Emaar Development and also has hospitality and retail divisions. It is […] October 24, 2024
