Holders of Dubai-based developer Emaar Properties' convertible bonds will receive 18.7 million new shares in the company after its board approved conversion of the instruments, the company said on Wednesday.
Emaar issued $500
Holders of Dubai-based developer Emaar Properties' convertible bonds have asked the company to convert them into shares, Emaar said in a bourse statement on Sunday.
Emaar said its board would discuss the matter at a meeting on
Dubai's largest property developer, Emaar Properties, on Thursday announced a joint venture project with Dubai World Central (DWC) to build hotels, malls and golf course communities close to the emirate's 2020 World Expo site.
Leading developer Emaar Properties has signed a deal with Dubai World Central to develop an integrated urban centre and golf destination at the world’s first purpose-built aerotropolis.
The development will be spread over an
Emaar Properties, Dubai's largest real estate developer, has banned estate agents from reselling homes before completion to bring more stability to a market still recovering from a 2009 crash.
A strong rebound in the Dubai pro
Sydney-based Toko Restaurant & Bar, an award winning contemporary Japanese restaurant, is set to open its first international restaurant at the Vida Downtown Hotel in Dubai next month.
After opening its doors in the trendy Syd
Dubai-based developer Emaar Properties has joins hands with UAE telecom operator du to offer free Wi-Fi connectivity to all visitors to Downtown Dubai along the Mohammed Bin Rashid Boulevard.
Already operational, the Wi-Fi connect
Dubai's Emaar Properties has denied any plans to construct another skyscraper in Dubai that is taller than Burj Khalifa, the world’s tallest building.
Some media reports earlier quoted company chairman Mohamed Alabbar sa
Dubai developer Emaar has launched its newest masterpiece in Downtown Dubai - the new 'Sky Collection' apartments that open to the majestic views of The Dubai Fountain, the world’s tallest performing fountain, and Burj Khalifa, the
Emaar Properties, Dubai's largest property firm, launched a $3 billion development in Erbil, the capital of Iraq's Kurdistan region, on Sunday.
The "Erbil Downtown" project is due to be completed in three stages