Thursday 21 June 2018
 
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Dubai developer

Emaar's Q1 revenue surges to $1.5bn, profit up 20pc

UAE-based Emaar Properties has recorded a revenue of Dh5.58 billion ($1.52 billion) for the first three months, up 37 per cent compared to Dh4.07 billion ($1.1 billion) over last year mainly led by significant progress achieved on projects under

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Nakheel Q1 net profit surges 5pc to $421m

UAE-based master developer Nakheel has registered a net profit of Dh1.55 billion ($421 million) for the first three months of 2018, up five per cent over the same period last year. The master developer handed over nearly 200 land

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Emaar Malls records 24pc growth in Q1 revenue

Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties, said its revenue for the first three months of 2018 hit Dh1.038 billion ($283 million), up 24 per cent over Dh836 million ($228 million) last year, primarily

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Limitless makes $112.3m early debt payment

Dubai-based real estate developer Limitless will close out 2017 with an early payment of Dh412.4 million ($112.3 million) to banks and trade creditors tomorrow (December 21). The payment – a week ahead of the due date &ndash

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Emaar plans new marketing strategy; to skip Cityscape

Leading real estate developer Emaar Properties is set to skip this year's Cityscape Global exhibition, the region's largest annual real estate industry showcase being held in Dubai, UAE. One of the largest and most influen

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Damac Properties Q1 profit hits $240m

Damac Properties Dubai, a leading property developer in the Middle East, has posted a net profit of Dh880 million ($240 million) for the first quarter of 2017, achieving net margins of 45 per cent. Damac recorded revenues of Dh1.9

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Nakheel announces key organisational changes

Dubai developer Nakheel has announced organisational changes, with a newly-created department and new senior management appointments, as the company enters the next phase in its growth.   This comes as part of its efforts to

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Nakheel announces key organisational changes

Dubai developer Nakheel has announced organisational changes, with a newly-created department and new senior management appointments, as the company enters the next phase in its growth.   This comes as part of its efforts to

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Nakheel records $403m net profit in Q1

Nakheel, one of the world’s leading developers, has announced a net profit of Dh1.48 billion ($403 million) for the first quarter of 2017. The Dubai company said the three-month profit was in line with its forecasts.

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Dubai developer launches luxury villa project for sale

Al Barari, a leader in sustainably luxury homes in the UAE, has announced the launch of one of its latest residential developments, The Nest - a luxury enclave comprising 55 exquisite four-bedroom villas in a lush and environment-friendly develo

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