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Company News - Emaar
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.

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.

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.

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.

Emaar Malls Accelerates Digital Transformatio; Acquires Full Stake Of Namshi, The Leading Fashion E-Commerce Retailer In The Middle East (25 February 2019)
This follows acquiring the remaining stake of Global Fashion Group (GFG) in Namshi, in an all-cash transaction of AED 475.5 million (Euro 114.3 million; US$ 129.5 million).

Restaurant Secrets Acquires The Lease Of Five Restaurants Of Emaar Hospitality Group; Announces The Loft At Dubai Opera (20 January 2019)
Restaurant Secrets Inc. (RSI) today confirmed it has acquired the lease and operating rights of five restaurants from Emaar Hospitality Group, including a brand new concept called The Loft at Dubai Opera.

RTA Commences Exclusive Ferry Route For Emaar’s Visitors And Residents Linking The Dubai Mall And Marina Mall (9 January 2019)
Dubai’s Roads and Transport Authority (RTA) commenced the operation of an exclusive Dubai Ferry route for Emaar’s visitors and residents linking The Dubai Mall, the world’s most-visited retail and lifestyle destination in Downtown Dubai and Dubai Marina Mall.

DED And Emaar Hospitality Group Partner To Promote ’Instant Licence’ Service For Businesses In Dubai (7 January 2019)
The Business Registration and Licensing (BRL) sector in the Department of Economic Development (DED) in Dubai, is partnering with Emaar Hospitality Group, the hospitality and leisure business of global developer Emaar Properties PJSC.

Emaar And TikTok Sign MoU To Explore Collaboration Opportunities To Shape Innovative Lifestyle Experiences (26 December 2018)
The partnership represents a major milestone for TikTok in the Middle East and a commitment by both parties to deliver Emaar’s memorable, world-class lifestyle experiences to TikTok’s global community of users.

Emaar Signs Definitive Documentation With ADNH To Divest Five Hospitality Assets In Dubai (27 November 2018)
The portfolio of five hotels consists of Address Dubai Mall, Address Boulevard, Address Dubai Marina, Vida Downtown and Manzil Downtown, together with about 1,000 hotel rooms.


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