Tag Archives: Emaar properties

Emaar Properties PJSC, the builder of the world’s tallest tower in Dubai, reported a jump in first-quarter profit after collecting payments from pre-sold projects and boosting sales in the emirate. Net income rose to 1.21 billion dirhams ($329 million), or 17 fils a share, from 1.03 billion dirhams, or 14 fils, a year earlier, the Dubai-based company said Sunday. That ...

Dubai property giant Emaar Properties promised Saturday to restore its luxury 63-storey hotel in the emirate, which was damaged in a spectacular fire on New Year’s Eve. “We are determined to restore it to all its glory, and even surpass the splendid architectural standards,” said chairman Mohamed Alabbar. “Further timelines and plans will be shared as they are finalised,” he ...