02 May 2016
(MENAFN) Dubai- Emaar proclaimed that its net profit grew by 17 percent to USD 328mn in Q1 of 2016, led by “significant progress” in construction.
Furthermore, revenues of the group also increased by 17 percent to reach USD 961mn, while revenues from malls and hospitality businesses touched 44 percent.
However, the firm’s net profit declined in the last quarter of 2015 by 1 percent to USD 281.7mn, while its full year profit jumped 11 percent to USD 1.11bn.
The firm proclaimed plans to build a viewing tower, that will be “a notch” taller than Burj Khalifa and cost almost USD 1bn.
17 Nov 2024
BBK and Asia Jewellers announce exclusive offers to its customers at Jewellery Arabia 2024
12 Nov 2024
BBK partners with Durrat Al Bahrain to offer exclusive financing for Jawhart Al Marjan
05 Nov 2024
As part of its digital transformation journey, BBK adds Google Wallet to its range of digital wallets
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