RIYADH, SAUDI ARABIA - The Saudi Electricity Company (SEC) and its subsidiary National Electricity Transmission (NET) have signed here two agreements with Emaar, The Economic City (EEC) which is the main developer of King Abdullah Economic City (KAEC). The agreement was signed in the presence of Saudi Arabia Minister of...

Dubai, UAE -- Emaar, The Economic City, the master-developer of King Abdullah Economic City (KAEC), has signed a strategic agreement with Orascom Development and Managment and Alkholi Holding Company to develop a waterfront mix-use destination in KAEC. This initiative aims to enhance the city's position as a family gateway to...

Dubai, UAE - The Dubai Financial Market (DFM) on Monday announced the offering of futures contracts on its General Index (DFMGI), which includes the most liquid and largest companies listed on the DFM. The listing and trading of DFMGI futures commenced on Monday. Trading futures contracts on the DFMGI offers...

Abu Dhabi, UAE - UAE stock markets Monday continued to capitalize on improved investor sentiments, with blue-chip communication stocks leading the gainers in the Capital's bourse, and giant property Emaar driving the Dubai Financial Market's best performance in a month. In Abu Dhabi, Index FADGI closed 0.752 percent higher at...

Driven by new projects, its sales in 2022 touch $9.5bn.

Dubai real estate market recorded 476 sales transactions worth AED1.17 billion, in addition to 92 mortgage deals of AED181.95 million.

The UAE bourses ended the week high with help from foreign investors, but the Saudi equities took a tumble under selling pressure.

Dubai Opera, a destination for performing arts in Dubai, will celebrate its sixth anniversary on 31st August 2022.

The Emaar Hospitality Group will open the resort in Q2.

The Saudi Stock Exchange’s main index TASI started and ended the week with a 0.5 percent rise despite the fluctuation.

Emaar EC signed the $16-million contract with SAFE.

Bader Hareb resigned with effect from December 30 for ‘personal reasons.’

The Gulf financial markets ended 2021 on the rise, waiting to achieve significant gains next year.

The Abu Dhabi index recorded a weekly loss of 4.8 percent, its deepest plunge since March 2020.

Dubai index outperformed GCC peers, following the emirate's announcement of plans to open a $545 million market-making fund and IPOs for 10 government-backed companies.

Emaar Development sales were AED20.943 billion in Jan-Sept 2021.

The oil price rise is expected to raise the economic growth of Saudi Arabia and the UAE. The kingdom is expected to grow by 5.1 percent next year.

Saudi Arabia and the United Arab Emirates contributed about 70 percent of the total value of the Gulf Cooperation Council's real estate deals in the first half of 2021

The proposed merger of Emaar Properties and Emaar Malls received a boost when  the capital market regulator, Securities & Commodities Authority, gave the go-ahead for the merger of the two companies.

Its board of directors has okayed a 33% hike in its capital.

The new advertisement has gone viral on social media.

The owner of Dubai Mall attributes 80 percent jump in net to recovery in retail sector.

Emaar Chairman rings Nasdaq Dubai bell to celebrate $500m Sukuk listing.

The developer has reported a surge in pre-sales in the UAE to $2.85 billion S&P Global Ratings give Emaar Properties a stable outlook The Dubai property market might not be booming yet, but the first signs of recovery have begun to appear on the horizon. Emaar Properties, the developer of...