Saudi PIF buys 25 percent stake in Emaar The Economic City
The Public Investment Fund (PIF), Saudi Arabia’s sovereign wealth fund, has completed the acquisition of a 25 percent stake in Emaar The Economic City ...
Dubai’s Emaar hires Emirates NBD for sale of e-commerce business Namshi: Sources
Dubai’s Emaar has picked Emirates NBD to advise it on the sale of fashion e-commerce business Namshi, sources said.Emaar Malls, the retail arm of ...
Dubai’s Emaar Properties reports drop in Q2 profit, H1 property sales hit record
Emaar Properties, Dubai’s biggest listed property firm, posted a 17 percent drop in quarterly profit, after a one-off asset sale boosted profit a year ...
Dubai’s Emaar Properties to merge with Malls business amid COVID-19 economic fallout
Dubai’s Emaar Properties is merging with its Emaar Malls business as operators of retail malls in the Gulf region delay new mega-projects as a result ...
Dubai’s Emaar founder Alabbar steps down, takes managing director role
Dubai’s largest listed developer Emaar Properties has named Mohamed Alabbar, founder of the company and previously chairman of the board of directors, ...
Coronavirus: Dubai’s Emaar chief abolishes all job titles at the property developer
The head of Emaar, one of Dubai’s largest companies, has abolished all titles for employees including his own in a move aimed at shifting the company ...