Company News
Emaar
Emaar Properties To Consider Higher Dividends For Shareholders In 2023, No Plans To Float Noon: Alabbar (30 August 2023)
Emirati businessman Mohamed Alabbar, Founder of Emaar Properties and noon.com, a leading e-commerce platform, has revealed potential plans to bump up dividends for Emaar Properties’ shareholders in 2023, noting that there are no immediate plans to float noon’s shares on the financial market.



Emaar Development Acknowledges Its Robust Performance For 2022 At Its Annual General Meeting (24 April 2023)
Today, on April 18, 2022, Emaar Development PJSC (DFM: EMAARDEV) held its Annual General Meeting (AGM) where the Board of Directors reported Emaar’s strong performance for 2022.



Emaar Achieved Group Property Sales Of AED 26.9 Billion (US$ 7.3 Billion) In The First 9 Months Of 2022;EBITDA Increased By 47 Percent (15 November 2022)
Emaar Properties PJSC (DFM: EMAAR), announced continued growth in the first nine-month profitability, underpinned by robust property sales and growth in the performance of recurring revenue businesses.



Emaar Properties Achieves Highest Ever Property Sales Of AED33.762 Billion In 2021 (15 February 2022)
Mohamed Alabbar, Founder of Emaar Properties, said: "Emaar’s portfolio of prime, highly sustainable assets is set to continue to benefit from the fundamental shifts occurring within the real estate market as well as the company’s approach to portfolio optimisation.



Emaar Development Delivers Highest Ever Property Sales Of AED20.943 bn In First Nine Months Of 2021 (15 November 2021)
Emaar now has a sales backlog of AED 28.471 billion (US$ 7.751 billion), which will be recognised in the future as revenue for the business.



Emaar Properties Records AED7.115 bn In Robust Property Sales In Q1’21 (15 May 2021)
Emaar Properties PJSC announced it has achieved significant increased property sales underscoring investors’ continued confidence in Emaar brand and recovery of Dubai real estate market.



Property Purchasers Can Now Use Credit And Debit Cards To Purchase Property With Emaar Development In Partnership With Visa (5 May 2021)
Emaar Development and global digital payments leader, Visa, today announced a partnership which will enable UAE based customers to purchase property and make convenient installment payments by using their Visa debit and credit cards.



Emaar Entertainment Joins RTA To Issue Co-Branded NOL Cards (23 December 2020)
RTA has collaborated with Emaar Entertainment to issue premium co-branded Nol card, which will provide up to 40% discount at some of the most famous attractions in Dubai.



Emaar Properties Reports H1 Revenues Of AED9 bn; AED2 Billion Net Profit (13 August 2020)
Emaar Properties has revealed H1 revenues of AED9 bn and over AED2 bn in net profit, according to a statement by the real estate Dubai-based giant today.



Emaar Properties GA Approves Distribution Of Interim Dividends On A Semi-Annual Or Quarterly Basis (22 June 2020)
The added clause reads as follows: "Without prejudice to the above and subject to the approval of the General Assembly, the company may distribute interim dividends on a semi-annual or quarterly basis."




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