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Emaar marks listing of $500m sukuk on Nasdaq Dubai

Emaar marks listing of $500m sukuk on Nasdaq Dubai
tradearabia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tradearabia.com Daily Mail and Mail on Sunday newspapers.

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Emaar Properties Rings Nasdaq Dubai's Market-Opening Bell To Celebrate US$ 500 Million Sukuk Listing - The New Listing Brings Total Value Of Sukuk Listings On Dubai Capital Markets To US$ 78.04 Billion

Emaar Properties Rings Nasdaq Dubai's Market-Opening Bell To Celebrate US$ 500 Million Sukuk Listing - The New Listing Brings Total Value Of Sukuk Listings On Dubai Capital Markets To US$ 78.04 Billion
mondovisione.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mondovisione.com Daily Mail and Mail on Sunday newspapers.

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Emaar reports 2020 property sales of Dh10 billion, appoints a woman to its board

Dubai: Emaar Properties reported 2020 property sales of Dh10.90 billion on Sunday and said it appointed a woman to its board.
Emaar recorded property sales of Dh6.321 billion ($ 1.72 billion) in the UAE alone. The developer said it handed over more than 72,100 residential units in Dubai and international markets, with more than 26,000 currently under development in the UAE and 12,000 units in global markets.
“The performance reflects sustained interest from investors, both domestic and foreign,” said Emaar in a statement.
The shareholders also elected a new board of directors composed of 9 members, including a woman. This comes after UAE’s Securities and Commodities Authority (SCA) made it compulsory for listed companies to appoint at least one woman to their boards. ....

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Dubai's Emaar Properties posts 58% slump in net profit for 2020

Dubai’s Emaar Properties posts 58% slump in net profit for 2020
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Emaar now has a total sales backlog of Dhs36.677bn, of which Dhs24.738bn is in the UAE
by Zainab Mansoor
February 15, 2021
Dubai developer Emaar Properties reported a net profit of Dhs2.617bn, against Dhs6.2bn achieved in 2019, slipping 57.8 per cent.
Meanwhile, its revenue of Dhs19.710bn, also dipped 19.8 per cent, against Dhs24.58bn in 2019. Emaar recorded overall property sales of Dhs10.902bn of which Dhs6.321bn was achieved in the UAE. ....

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Emaar Development announces new chairman, Alabbar to remain in executive role

Emaar Development announces new chairman, Alabbar to remain in executive role
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Adnan Kazim has been named as its new chairman in line with regulatory requirements
December 20, 2020
Dubai-based Emaar Development – part of Emaar Properties, has appointed Adnan Kazim – the chief commercial officer at Emirates airline – as its new chairman, it revealed in a bourse statement on Sunday.
The company, listed on the Dubai Financial Market (DFM), said that founder Mohamed Ali Alabbar – who was serving as the chairman – will now be “devoted to the executive management matters and the day-to-day affairs of Emaar”. ....

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