15 Feb 2017
(MENAFN) Dubai-based developer Emaar proclaimed that its net profits increased sharply last year due to increased income in real estate, retail and hospitality.
Additionally, the firm recorded annual net profits of USD1.425bn for last year, up 28 percent from the previous year.
Accordingly, Emaar’s growth reflects the dynamism of the UAE, which has changed as a global hub for business and leisure.
Moreover, the value of property surged until the global financial crisis hit the debt-laden emirate in 2009, sending prices into free-fall.
MENAFN1502201700450000ID1095249270
MENAFN1502201700450000ID1095249270
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
19 Feb 2025
Bank of Bahrain and Kuwait BSC announces the transfer of HSBC Middle East, Bahrain Retail Business to BBK.
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more