Tagged: Emaar Properties

Investment recovering in Arab Spring economies

Investment recovering in Arab Spring economies

Last month, two UAE real estate developers – Al Futtaim Group and Emaar Properties – announced a big project in Egypt. Not only was this a boost to the country’s property market but it also acted as a sign of a revival of cross-border investment in t…

Where now for Dubai Bank?

Where now for Dubai Bank?

It is now official that the Dubai government, acting under directions from His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of UAE, Ruler of Dubai, has taken over Dubai Bank with no delay.
It seems that the governme…

Emaar gets Dh214m from Amlak

Emaar gets Dh214m from Amlak

Emaar Properties received Dh214.43 million from its subsidiary, Islamic mortgage provider Amlak Finance in 2010, and believes that the remainder Dh712m that its arm owes it is “fully recoverable”. This was a statement given in Dubai bourse.