Company News
Emaar
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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Emaar Partners With Global Technology Leader Xiaomi For ’Emaar Smart Home’ (21 January 2020)
Emaar Properties signed a Memorandum of Understanding with Chinese global technology leader Xiaomi, which also boasts the world’s largest Internet of Things consumer platform.
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Emaar Development Reports Sales Of AED 12.525 billion (US$ 3.410 Billion) In The First Nine Months Of 2019 Reflecting A Growth Of 25% From The Same Period In 2018 (14 November 2019)
Delivering quarter on quarter growth in profitability, the company reported net profit of AED 2.070 billion (US$ 564 million) with a revenue of AED 9.625 billion (US$ 2.620 billion) for the first nine months of 2019.
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Emaar Malls Announce 6% Growth In Revenue Reaching To AED 3.412 Billion (US$ 929 Million) In 9 Months Of 2019; Net Profit Grows By 6% To AED 1.732 Billion (US$ 472 Million) (3 November 2019)
Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties (DFM: EMAAR), recorded an increase in revenue by 6 per cent during the first nine months (January to September) of 2019 to AED 3.412 billion (US$ 929 million).
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Emaar To Transform Customer Experience With Launch Of Blockchain-Based Rewards And Loyalty Ecosystem (17 October 2019)
Emaar, the Dubai-based property developer, is releasing a new blockchain-based referral and loyalty platform later this year. Named EMR, the platform aims to reward Emaar customers with tokens for their loyalty and business referrals.
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Emaar Celebrates The Listing Of USD 500 Million Sukuk By Ringing Nasdaq Dubai Market-Opening Bell (30 September 2019)
Mohamed Alabbar, Chairman of Emaar Properties, rang the Nasdaq Dubai market-opening bell today to celebrate the listing of a 500 million USD Sukuk.
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Emaar Executes AED40.5 Billion Project In Beijing (22 July 2019)
The move is in line with the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, to China.
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Breeze Cluster At Emaar’s Creek Beach District About To Commence (16 July 2019)
Construction of Emaar’s first residential cluster within its Creek Beach District development is imminent.
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DAE Repurchases Shares Held By Emaar Properties PJSC (27 June 2019)
Dubai Aerospace Enterprise (DAE) Ltd. announced that it had repurchased the approximately 4% of its common shares owned by Emaar Properties PJSC.
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1st Annual General Meeting Of Emaar Development On April 23 To Propose Dividend Of AED1.04 bn (US$283.15 mn) To Shareholders (22 April 2019)
At the first AGM, the Board of Directors of Emaar Development will propose the distribution of AED 1.04 billion (US$ 283.15 million) dividend, representing 26 per cent of the share capital being 26 fils per share.
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