ArabianBusiness.com - Middle East Business News
Thursday, 25 April 2024 16:52 UAE time

YOUR DIRECTORY /

Emaar Properties - UAE

Main Category: Landlord and Developers
First Address : 9440
Second Address : Building 3, Emaar Business Park
City : Dubai
Country : United Arab Emirates
Phone: 971 4 3673333
Fax: 971 4 3673000
Email: enquiry@emaar.ae
Website: www.emaar.ae


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ALL STORIES LIST


Worst is over for Dubai property, says Alabbar

House prices flatlining as investors seek safe haven buys, says Emaar chairman

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Alabbar sees 'challenging' Dubai homes market to 2014

Emaar chief remains upbeat on Dubai economic outlook despite real estate 'challenges'

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Dubai’s Emaar sets sights on low-cost housing market

Analysts warn home financing, rent caps needed for affordable housing to flourish

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Emaar Economic City gets $1.33bn loan for Saudi project

Affiliate to Dubai developer says finance ministry loan will help speed up phase of King Abdullah City

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Back to the future

Mohamed Alabbar is best known as the man who built the Burj Khalifa. But in the past few years, the Emaar chairman has also been branching out on his own, in the process creating a mining empire. He tells Arabian Business about his passion for the resources business - and why he has no plans to quit Emaar

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‘Maybe I was wrong on property,’ says Alabbar

Emaar chairman says Dubai real estate sector has further to fall, underestimated flippers in the market

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Emaar sets up senior team to develop new action plan

Dubai developer's chairman eyes new five-year strategy based on 'current market realities'

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Emaar hires consultant to review overseas real estate projects

Dubai's state-backed property developer has projects in Africa, Asia and Middle East

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Emaar chairman Alabbar plots $10bn mining empire

Chairman of property giant says he may invest in Zimbabwe through mining venture

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UAE’s Emaar sees profits sink by 45% in Q1

Dubai developer sees revenues drop by 31 percent, hands over only 270 units in the quarter

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Emaar sees foreign investments at AED22bn, says chairman

State-backed UAE developer said revenue from overseas projects would rise in 2011

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Dubai can’t kick building habit as property glut expands

Tens of thousands of homes set to come online, as vacancy rates across the emirate hit 40%

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Drake and Scull helps lift Dubai bourse

Emaar rises 1.3 percent, while construction firm Arabtec gains 1.3 percent in early trade

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EXCLUSIVE: Emaar planning third Armani Hotel

Paris is the favourite for the third branded hotel development - Emaar Hotels and Resorts CEO

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Dubai gov't bond paves way for Gulf company debt sales

Sovereign issue the first since Dubai World sought to renogiate debt repayments.

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Emaar India JV eyes $358m IPO by December

Issue size has been lowered keeping in view 'the existing fund requirements.'

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Dubai shares lead Gulf higher on bond sale; Zain soars

Investors gaining confidence from reports of positive reception to Dubai gov't bond issue.

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Emaar to issue $375m bond; may take Amlak writeoff

Note issue likely to help property firm refinance short term debt obligations.

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Saudi index extends slide; bluechips mixed

Kuwait's KWSE hits its highest level since May 24; Aramex leads Dubai.

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Saudi petchems slip as global market wobbles weigh

UPDATE 4: Dubai's Emaar Properties falls 0.8% ahead of a board meeting on Wednesday.

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Emaar postpones board meeting to Wednesday - bourse

Meeting will discuss company performance along with other 'matters of importance'.

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Gulf stock movers: Emaar, Zain and Saudi Arabia

Emaar properties declined the most since Sept 22, retreating 1.8% to 3.28 dirhams.

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Dubai Islamic up on Tamweel stake

Dubai's benchmark index DFM hits a 20-week high in early trade on Monday.

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Saudi Electric at 17-month high; index flat

UPDATE 3: Saudi Electricity rises for a second session since winning a $480m gov't contract.

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UAE markets resume rally as new buyers enter

UAE markets end higher, led by Emaar Properties and Abu Dhabi National Energy Co.

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Dubai in largest fall since June

UPDATE 3: Property stocks weighs as DFM makes its largest decline in 12 weeks.

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Bank and telecoms lift Saudi to 3-month high

Saudi's main benchmark rises 0.3 percent to 6,435 points, its highest finish since June 21.

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Saudi stocks lead Arab Gulf higher on oil, global growth

UPDATE 3: Saudi benchmark stock index rises to the highest in almost three months.

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Saudi dips in sluggish trade

Bluechips show little movement as Saudi Arabia's TASI ends lower for a second session in three.

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Record breakers

Construction Week highlights the projects that currently top the world rankings as the tallest, largest, biggest and most impressive ever built.

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Petrochems drag Saudi TASI lower

Dubai's index DFM rises, ending 0.4 percent higher at 1,627 points.

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Petchems lead Saudi higher as oil supports

UPDATE 4: Union Properties leads losers as Dubai ends lower for first session in seven.

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Dubai at 16-week high as volumes jump

Dubai's high beta names lead gains on the emirate's benchmark index DFM.

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Dubai stocks rise to 3-month high, lead Gulf higher, before Eid

UPDATE 2: Emirates NBD jumped to its highest price since June.

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Saudi index hits 4-wk high; STC leads gains

UPDATE 3: Oman extends gains as small caps rise; Dubai hits 3-month high as DFM, Emaar rise.

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Maaden at 4-month high; Saudi rally stalls

UPDATE 3: Emaar leads Dubai to biggest gain since June; Industries Qatar hit a 16-week high in Doha.

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Dubai shares gain most in week on global growth

Qatar’s benchmark index climbed for a sixth day on Thursday.

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Saudi stocks lead Gulf higher on global growth confidence, oil

Saudi Arabia's benchmark stock index rose to the highest in more than two weeks.

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Window dressing boosts banks as Saudi gains

UPDATE 5: Dubai's index DFM ends lower for a fifth session in six.

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Saudi turnover at 7-year low; US job data eyed

UPDATE 2: Banks weigh on Kuwait; Qatar at 3-month high.

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SABIC leads Saudi higher on higher oil

UPDATE 3: Qatar's index QSI extends its gains by 0.5 percent to 7,196 points.

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Abu Dhabi's Aldar rallies but mkts remain subdued

UPDATE 3: Abu Dhabi's index ADI climbs 0.2 percent to 2,501 points.

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Saudi index slips to new 11-week low

UPDATE 3: Dubai's DFM ends lower for a second day; Abu Dhabi's ADI also declines.

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Dar Al Arkan falls as Saudi hits 11-week low

UPDATE 4: Dubai's index DFM ended lower for a third session in five.

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Saudi Electricity rises on expansion plan

UPDATE 4: Saudi Arabia's TASI climbs 0.3 percent to 6,107 points.

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National Bank of Kuwait hits 22 month high on plan

Most Mideast markets, except Qatar, closed flat or lower as oil prices fell.

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Kuwait banks surge, DP World hits 15-week high

UPDATE 3: Property stocks lead Dubai and Abu Dhabi to end higher.

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Emaar boosts Dubai but market remains muted

UPDATE 2: Dubai's benchmark index DFM made its largest gain for two weeks.

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Bluechips fall as Saudi resumes slide

UPDATE 4: Saudi Arabia's index TASI ends lower for a sixth session in seven.

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Emaar sells Hamptons Units for $116m, incurs loss

Dubai-based developer also sells a commercial property for AED331.7m ($90m).

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Dubai at 6-week low as property stocks hit

Markets in Qatar, Muscat, Kuwait and Bahrain also edge lower on Sunday.

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Dubai, Abu Dhabi extend losses as property weighs

UPDATE 3: Bourses in Oman, Qatar and Kuwait fell, all tracking weakness in global markets.

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Consulting in times of challenges

Alex Andarakis of Andarakis Advisory Services talks consultancy, brands and challenges that lie ahead.

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Saudi SABIC falls as oil dips on demand fear

UPDATE 5: Dubai's index falls to be within three points of Sunday's four-week low.

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Aldar falls to 16-month low after downgrade

UPDATE 1: Kuwait bourse KWSE gains 0.3% while Muscat's bourse MSI edges 0.1% higher.

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Saudi Telecom falls ahead of messenger ban

UPDATE 5: Saudi telecoms stocks extend losses on news of the BlackBerry service ban.

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Property gains help end Dubai's losing run

UPDATE 7: Investors give a modest response to overnight global market gains.

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Emaar's India unit to cut initial public offering size by half

Joint venture is cutting IPO in hopes to attract more investors amid falling demand.

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Saudi shares end 0.27 percent higher

TASI closes at 6,283 points; construction index closes 1.25 percent higher.

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UAE markets lacklustre, NBAD rises

UPDATE 2: Dubai's DFM ends 0.03 lower; Abu Dhabi's bourse finishes 0.06 lower at 2,546 points.

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Emaar shares fall after Q2 results miss forecast

UPDATE 5: Stocks down 3.6% while DFM drops 3.3% to weigh on Dubai index.

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Emaar says still committed to $600m island resort

Property giant reacts to news that new investors being sought by Indonesian gov't.

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Gulf investors may replace Emaar on $600m resort

Developers from Abu Dhabi, Qatar, RAK could step in to build Indonesia project.

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Emaar Properties posts Q2 net profit of $218m

UAE property giant had reported a loss of $350m in the year-earlier period.

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Arabtec heads losers as Dubai slips

UPDATE 3: DFM falls 0.2% to 1,529 points, easing from Wednesday's 3-wk high.

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Mobily up on Q2 jump; Saudi petchems fall

UPDATE 4: Saudi TASI falls 0.7% to 6,175 points, its third straight decline.

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Emaar names and shames first service fee dodgers

Lists of residents failing to pay their dues go up in Emaar project in Dubai.

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Emaar lifts Dubai, but volumes muted

UPDATE 4: Abu Dhabi's ADI makes its largest decline for two weeks.

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Emaar to 'name and shame' service charge dodgers

Dubai developer adopts tough tactic as concern over non-payments grows.

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Emaar Properties lifts Dubai index

UPDATE 3: Dubai investors turn to liquid stocks ahead of Q2 results.

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Emaar unit awards $17.5m deal for Karachi towers

Emaar Pakistan signs contract with Paragon Constructors for Crescent Bay project.

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SABIC gives up gains as Saudi index falls

UPDATE 4: Dubai's index falls 0.9% to 1,482 points, its first decline for three days.

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SABIC up as global gloom lifts to boost oil

UPDATE 5: Dubai's index DFM make its largest gain for more than two weeks.

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Emaar set to outshine UAE Q2 results

Overall there is 'not much on the upside' apart from Emaar - EFG Hermes analyst.

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Saudi stocks end lower, SABIC weighs

UPDATE 5: Index ends lower for 6th day running, as oil prices continue to weigh on sentiment.

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UAE markets mixed, Emaar lifts Dubai

UPDATE 2: Oman's index MSI is the only bourse in the Gulf to close on a positive note.

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Saudi index dips further at quarter-end

UPDATE 4: Dubai's DFM falls to its lowest close since February 9, 2009.

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Saudi index slumps as oil, global mkts weigh

UPDATE 3: Abu Dhabi index falls; Deyaar weighs on Dubai's index DFM.

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Galfar helps lift Oman index

UPDATE 2: Qatar's index leads gains among Gulf Arab bourses, led by banking stocks.

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Gulf Arab markets buoyed by rise in oil price

UPDATE 3: Most markets end higher, with Oman up 2%, Qatar 1.1%.

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Sabic stocks boost Saudi index to one-month high

UPDATE 3: While a late surge by Emaar of 7.2% lifts Dubai index to 1,535 points.

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Emaar says UK's Countrywide to run part of Hamptons

Emaar to operate Hampton in MENA zone; Countrywide to operate firm in Europe, Asia.

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Air Arabia, Emaar lift Dubai bourse

UPDATE 2: Dubai's index rises 0.2% to 1,491 points; Abu Dhabi trades almost flat.

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Qatar's Barwa buys London project from Land Secs

Buyout of London's Park House development represents Barwa's first major entry to the UK.

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SABIC helps lift Saudi index

UPDATE 3: Abu Dhabi's ADI clings on to gains, with banks lifting the index.

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Dubai's top 3 listed firms cut costs by 10% in Q1

Property giant Emaar leads way with 32% cut in operating costs in first quarter.

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Most markets down, investors await Q2 results

UPDATE 4: Saudi TASI ends 0.3 percent lower, led by banking stocks.

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Oil price leads Saudi stocks to 3-week high

UPDATE 3: Saudi index up 1.2%; Dubai index falls 0.4% while Abu Dhabi dips 0.3%.

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Designer hospitality

An exclusive look inside the new Armani Hotel Dubai.

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UAE ends mixed, Dubai volumes at 7-month low

UPDATE 2: Investors are wary of building new positions ahead of a likely summer slowdown.

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Dubai slips to 14-mth low as euro woes weigh

UPDATE 4: Dubai's benchmark index DFM ends lower for a fourth day in five.

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Dubai nears 14-mth low as UAE stocks sink

UPDATE 4: Abu Dhabi's index ADI ends lower for a 12th session in 13.

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Burj Khalifa service charges 'lower than expected'

Real estate experts react to tallest tower fees announced by Emaar Properties.

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Dubai index slumps to 14-month closing low

UPDATE 5: Dubai down to 14-month closing low on worries over Dubai Holding debt.

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Dubai index bucks regional trend, ends lower

UPDATE 3: Dubai's index DFM ends 0.5 percent lower at 1,542 points.

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Hot stuff

Elizabeth Broomhall looks at why solar-powered water heating systems are a small, but growing market in the UAE.

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Oman rebounds, tracking global gains

UPDATE 2: Qatar's index QSI rebounds after hitting a 2010 low earlier this week.

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Saudi's Emaar to obtain $1.3bn govt loan

Loan will help developer to speed up the development of King Abdullah Economic City.

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Abu Dhabi in biggest drop of 2010; Dubai dips

UPDATE 4: Gulf bourses hurt as nervy investors dump stocks amid a worldwide sell off.

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Burj Khalifa unit reselling seen up 30% in 2010

Dubai agent says increase comes as final payments become due on apartments.

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UAE markets give weary welcome to Dubai deal

UPDATE 2: Most Mideast markets extend losses, tracking overnight declines on US bourses.

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SABIC in biggest drop since Aug as oil falls

UPDATE 3: Dubai's benchmark DFM drops to its lowest close since March 11.

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VIDEO EXCLUSIVE: Inside Burj Khalifa apartments

Sarah Belhasa invites Arabian Business TV inside her Armani home in world's tallest tower.

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Rajhi, Samba lift Saudi on price target rise

UPDATE 6: Dubai's DFM gives up most of its early gains; ends up for fourth day in five.

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All eyes on Egypt

Egypt may be a new frontier for Middle Eastern architects, but it still poses unique challenges.

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Saudi index falls; oil, world stocks weigh

UPDATE 4: Petrochemical stocks are the main drags on Saudi's TASI.

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Abu Dhabi only regional market to end higher

UPDATE 4: Bank benefits from ratings upgrade by Credit Suisse.

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Banks, petrochemicals weigh on Saudi index

UPDATED 3: Dubai's DFM ends lower for a first day in three, tracking losses on regional, global markets.

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Saudi falls for 3rd day; Kingdom drops

UPDATE 3: Tabreed hits a three-week intraday high; Dubai's index DFM ends higher.

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Dubai's Emaar says will not pay 2009 dividend

Developer to 'reinvest profits for the sustained, long-term growth' of the company.

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VIDEO EXCLUSIVE: Alabbar on new Armani Hotel

Emaar chief tells Arabian Business TV about how attention to detail was top priority.

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Dubai Mall named best shopping experience

Readers of leading fashion magazine vote for mega mall over any other Dubai venue.

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Emaar falls on Moody's outlook

Emaar and Arabtec each fall 2%; Dubai's DFM falls 0.6 percent to 1,747 points.

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VIDEO EXCLUSIVE: Inside the Armani Hotel

Arabian Business TV takes a tour of Dubai's newest luxury hotel in the Burj Khalifa.

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Moody's says concerned over Emaar unsold units

Investors service assigns B1 rating; says more than 1,000 units to be sold by 2012.

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Blog from Dubai's Armani Hotel

An Arabian Business special report from the Burj Khalifa on the opening of the Armani Hotel.

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Emirates NBD shares up on strong Q1 figures

UPDATE 2: But, Dubai index falls for first session in six, dragged by Emaar stocks.

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Emaar stock surges after Q1 earnings top forecasts

UPDATE 5: Property giant rises following Q1 profit boost; Al Rajhi leads Saudi surge.

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Dubai's Emaar Q1 profit flies past forecasts

Posts Q1 net profit of $207m versus $65m in Q1 2009, developer says in statement.

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Saudi index up as budget surplus supports

UPDATE 5: Dubai's index DFM ends lower for a fifth day, slumping to a new month low.

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Saudi Telecom plunges on Q1; Saudi ends down

UPDATE 4: Bank stocks drive Abu Dhabi's ADI to its lowest close for six weeks.

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Riyad Bank rebounds; Saudi edges higher

UPDATE 6: Arabtec ends 2.3% higher after being up as much as 6.8% intraday.

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Agility stock rebounds after resuming trade

UPDATE 4: Shares surge, ending 6.7% higher, following a 22% rise in Q4 profit.

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S&P cuts DP World and Emaar's credit ratings

Ratings company confirms lowering the Dubai based companies ratings to BB from BB+.

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Rajhi helps Saudi index end losing run

UPDATE 5: Emaar Properties heads losers as Dubai's DFM slumps to a two-week low.

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Burj Khalifa reopens after two-month closure

Observation deck at the summit of the tower reopened on Saturday, staff confirm.

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Emaar’s $1.2bn refinancing to boost cashflow in 2010

Analysts say move will alleviate liquidity concerns; 'should go cash positive' in 2010.

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Burj Khalifa harnesses the sun's power

Solar panels on the world's tallest tower will heat 140,000 litres of water every day.

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Saudi ends down while Dubai's property stock drops

UPDATE 5: In UAE Emaar down 1%, Arabtec falls 1.5%, Deyaar and Union both down 2%.

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Qatar Islamic falls as Doha extends drop

UPDATE 4: Emaar Properties rises 2 percent and DFM adds 1.1 percent.

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Banks weigh on Saudi as money supply slows

UPDATE 7: Air Arabia heads Dubai losers; Abu Dhabi down on Wednesday.

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Dubai index reverses rally as investors book profits

UPDATE 4: Emaar main drag, while Zain rises 1.5% helping Kuwait end higher.

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Dubai index hits three-month high after debt plan revealed

UPDATE 6: Arabtec surges 11.6% to lead index higher, while Qatar hits 24-week high.

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Egypt at a glance

Hazem Ashry, general manager for Emaar Misr, explains what Egypt can expect from the construction industry this year.

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UAE markets cheer new debt restructuring plan

UPDATE 5: ADCB surges to a 17-week high in Abu Dhabi; banks gain in Dubai.

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Burj Khalifa to ‘go dark’ for Earth Hour

Emaar to switch off the exterior lights of its landmark developments to support battle against climate change.

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Banks and telecoms lift Saudi to new high

UPDATE 3: Dubai's DFM ends lower for a second session in three as volumes slump.

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Saudi climbs to 17-mth high, Tasnee leads

UPDATE 4: Late rally helps Kuwait's index KWSE end higher for a second session.

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Emaar stocks reverse gains as Dubai's index falls

UPDATE 2: Shares hovering just below key resistance level; Saudi falls.

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Emaar outsources education portfolio

Transfer of management to Innoventure effective from next academic year.

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Emaar to finish Dubai apt towers at least 2 years late

45-storey towers designed by New York firm now to be completed in Feb 2012.

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Dubai resumes rally; Abu Dhabi down again

UPDATE 4: Dubai's DFM ends higher for a ninth session in eleven.

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SABIC, Rajhi lift Saudi to new 17-mth high

UPDATE 6: Abu Dhabi's ADI ends lower for a 3rd session; Dubai slumps.

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Dubai hits 9-wk high; Saudi's new 17-month high

UPDATE 5: Saudi at new 17-month high; Kuwait makes largest drop for 4 weeks.

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Premier Inn buys out Emaar's Indian JV stake

Official says the firm has trimmed its investment plans for India post downturn.

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Etisalat pushes Abu Dhabi to new high

UPDATE 2: Etisalat takes gains to five percent since it proposed a cash dividend.

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Dubai's Emaar Properties finalising Turkey project cost

Largest-listed developer in the Arab world proceeding with plans of New Istanbul Project.

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SABIC lifts Saudi index to 19-wk high

UPDATE 4: Rising oil prices boost demand for petrochemical stocks in Saudi.

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Emaar plans to proceed with $600m Indonesian deal

Dubai developer waiting for responses for Bali tourism body, Indonesia government.

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Saudi index ends lower as SABIC drops

UPDATE 4: Dubai's index DFM also ends higher for the fourth straight session; Kuwait ends higher.

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Emaar pulls out of $600m Indonesian deal - report

Gov't official does not give reason for withdrawal from Lombok Island project.

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Emaar shares surge to seven-week high

UPDATE 3: Reports of go ahead for Indian JV pushes stock 5.4%, Abu Dhabi up.

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Dubai shares rise most since Jan, lead Gulf gains on oil

Five of six GCC states to post fiscal surpluses in 2010, based on oil prices.

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Dubai snaps losing streak but volumes slump

UPDATE 3: ADI ends lower for first session in five as property and bank stocks slide.

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Mobily rises after analyst upgrade; Saudi up

UPDATE 7: Dubai ends lower for first session in four after failing to hold above key resistance level.

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Giorgio Armani worried Burj designs may look ‘old’

'It’s a bit nerve-racking to think that what I liked five years ago might look old now,' he says.

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Dubai ends losing streak, Abu Dhabi slips

UPDATE 4:Arabtec is the main driver in the index among property stocks.

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SABB Bank weighs on Saudi index

UPDATE 3: Abu Dhabi Commercial Bank hits 3-week low as UAE capital's index closes lower.

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Emaar to begin Burj Khalifa home handover in March

144 Armani apartments to be handed over first, followed by 900 Residences.

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Saudi ends winning streak, SABIC drops

UPDATE 3: Investor sentiment stays positive; analysts say correction was overdue.

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Dubai index ends lower for third straight session

UPDATE 4: Abu Dhabi market also closes lower, while Qatar ends higher.

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Saudi bourse hits 4-week high, SABIC up

UPDATE 4: Dubai's DFM gains for first time in 3 days; volumes hit 11-week low.

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Emaar plans overseas push after Q4 profit

UPDATE 1: Dubai-based builder to also focus on mid-income housing in emerging markets.

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Burj Khalifa

We all know that the biggest, and most expensive of just about everything has been used on the Burj Khalifa, but did you realise that the project also broke new ground in machinery terms?

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SABIC pushes Saudi index up; oil supports

UPDATE 6:Abu Dhabi index ADI edges up to 4-week high; Dubai declines.

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Emaar eyes Singapore retailer RSH stake sale

Sale happening because the two partners are not keen to pursue retail business - sources.

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Investors cautious as dividends push ME markets up

Speculators trying to push up share prices ahead of foreign investors coming in.

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Saudi index slumps to 5-week low, SABIC down

UPDATE 5: Dubai's index climbS 0.7 percent to 1,658 points; Abu Dhabi's ADI rises 0.6 percent.

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Emaar continues Burj Khalifa maintenance work

Eyewitness speaks of 45 minute wait at the top of the world's tallest tower.

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A most eventful month

Well, we are just one month into what I will soon have to stop calling the New Year, and already the world has changed though a sequence of random and unforeseen events.

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Property stocks rebound to lift Dubai index

UPDATE 5: Shuaa up 4%, Emaar advances 1.25%, to lead UAE indexes to higher closes.

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Burj Khalifa observation deck closed temporarily

'Unexpected high traffic' forces closure for maintenance work; date of reopening unclear.

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Shuaa Capital shares fall on $42m Q4 loss

UPDATE 6: Shares drop 7.5%, while Kuwait's Zain surges 5.7% on speculation, index ends up.

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Banks weigh as Abu Dhabi retreats

UPDATE 4: Abu Dhabi's index ADI makes its largest decline for more than a week.

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Banks, SABIC lift Saudi index to week-high

UPDATE 4: Saudi Arabia's index TASI ends higher for a third day in four.

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Saudi ends higher; oil, global mkts support

UPDATE 8: Saudi's TASI ends higher for the second session in three.

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Dubai index makes largest gain for three weeks

UPDATE 7: Emaar shares climb 5.7%, Arabtec up 4.2% and DFM rises 7.6%.

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Dubai index slumps to fresh six-week low

UPDATE 8: Emaar plunges 9.7% to six-week low, dragging index to lowest end since Dec 9.

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Saudi rises as Dubai and Qatar markets rebound from slumps

Saudi banks extend gains as investors bet underperforming sector will improve in 2010.

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Dubai index ends six-session losing streak

UPDATE 7: Stocks rebound from five-week lowsi, while Saudi index also ends higher.

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‘Spiderman’ says he’ll scale Burj Khalifa in 2011

French climber says world's tallest building is a challenge he cannot resist.

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Building the Burj Khalifa

You saw the launch ceremony, heard about the name change and know the final height, but have you ever wondered how they built the Burj Khalifa?

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How the Burj was built

From the concrete in its foundations to the spire at the top, a look at how the Burj Khalifa was put together.

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Property stocks drag Dubai to new month-low

UPDATE 4: Abu Dhabi's index ADI gives up early gains to slump to a new year-low.

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Emaar 'finalising' Burj Khalifa rebranding

Property firm says work on Downtown rebranding continues, announcement soon.

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AED400 to take fast track Burj Khalifa tour

Price of fast track raised from AED210 just four days after the tower opened - paper.

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Signed, sealed, delivered

Last week's opening of the tower formerly known as the Burj Dubai was nothing short of a spectacular event.

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Indian businessman pays $25m for two floors in Burj Khalifa

Multi-millionaire B R Shetty owns a 'monstrous' amount of floor space.

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Burj Khalifa AED100 ticket price too high - poll

Only a quarter of people say they thought the price to tour the tower was reasonable.

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Arabtec, Aabar surge ahead of board meetings

UPDATE 5: Banks help Kuwait's KWSE end higher for 2nd session in three in brisk trading.

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Kingdom Holding shares surge to boost Saudi index

UPDATE 6: Dubai's index ends slightly up in signs market is preserve of day traders.

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Emaar eyes talks over $600m island resort

Developer says meeting planned in early 2010 to address land transfer issues.

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Burj Khalifa shows UAE economy is robust - Dubai ruler

Sheikh Mohammed says leaders, private sector 'capable of surmounting difficulties'.

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Emaar stock ends flat as Dubai loses early gains

UPDATE 8: Abu Dhabi closes at 3-week high while Saudi ends higher for fourth session.

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IN VIDEO: Watch the Burj Khalifa opening fireworks

See footage of the spectacular display to mark opening of the world's tallest building.

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Burj renaming 'reflects unity of the UAE' - officials

Senior figures give their reaction to the change of name for the world's tallest tower.

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World's tallest tower hits 828m, renamed Burj Khalifa

Thousands witness spectacular show to mark opening of tallest skyscraper.

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Live from Burj Khalifa ceremony

The world's tallest tower changes name in honour of UAE president while final height revealed to be 828m.

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Burj Dubai's Armani hotel to open on Mar 18

Date set for the world's first hotel to start operations under famous fashion brand.

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AED100 to take the Burj Dubai tour

Emaar announces pricing for visitors, says world's tallest tower will open to the public on Jan 5.

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SABIC hits 14-month high to boost Saudi index

UPDATE 7: Emaar stocks drop as Dubai index falls, Abu Dhabi also down.

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Burj Dubai cost $1.5bn to build

UPDATE 2: Emaar's chairman says 90% of tallest tower already sold, to have positive impact on 2010 results.

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VIDEO DIARY: A tour at the top of Burj Dubai

Anil Bhoyrul records his time on the observatory deck and his ride in the superfast lift.

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Blog from the Burj Dubai

Arabian Business reports from the top of the world's tallest tower, hours before the official opening.

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Burj Dubai made me 'harder' leader, says Alabbar

EXCLUSIVE: Emaar Properties boss reveals personal challenges behind mega project.

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Seven things you didn't know about Burj Dubai

Impress your friends with this insider information about the world's tallest building.

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Top Burj Dubai facts

Do you know how many construction man hours it took to build the Burj? Find out here.

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Positive reception

Jaume Plensa, the world famous artist behind the giant sculpture dominating the lobby of the Burj Dubai.

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History risen

Emaar chairman Mohamed Alabbar reveals the challenges of building the world's tallest tower - and how it has changed him as a person.

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Burj Dubai ceremony details revealed

Inauguration event will include 10,000 fireworks, light beams, water and musical displays.

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2bn TV viewers set to watch Burj Dubai ceremony

Dubai Fountain will perform to new song written for opening of world's tallest tower.

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Public can watch Burj Dubai opening from vantage point

People can witness historic opening by Dubai's ruler from Burj Park Island.

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First Burj Dubai residents to arrive in Feb 2010

Armani Residences will be first to welcome residents, followed by Armani Hotel opening.

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Gulf markets calm as year end approaches

Experts predict a better 2010 for Middle East region as bourses register marginal gains and falls.

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Dubai rally ends, most Gulf markets end lower

Majority of the Gulf markets ended lower due to end of year quiet trading.

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Saudi index ends lower, extends losses

UPDATE 4: Blue chips lead gains in Oman, MSI ends higher amid decent volumes.

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Arabtec leads Dubai index to higher close

UPDATE 4: Construction firm's stocks up 6.3%, while Abu Dhabi marginally down.

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Selective buying helps lift UAE markets

UPDATE 5: Emaar Properties rises, Dubai's DFM rises after losses earlier in the week.

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Petrochem stocks lead Saudi market higher

UPDATE 7: Dubai's DFM posts its biggest intraday loss since Dec 9 amid a regional selloff.

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Dubai stocks fall, Saudi and DFM remain up

Mixed day for ME markets sees Abu Dhabi outperforming other GCC bourses.

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Saudi stocks end lower, Kayan down

UPDATE 5: Dubai Financial Market rises on news of $121m bid for Nasdaq Dubai.

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11-hectare park unveiled at Burj Dubai site

The world's tallest tower, set to open on Jan 4, has a 'heart of green' - Emaar.

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Saudi index ends higher for 4th day in five

UPDATE 5: Emaar leads Dubai to 2-week high; Kuwait's KWSE up for fifth day.

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Credit Suisse ups Emaar Properties to outperform

'We believe Emaar has now minimum exposure to Dubai in terms of property sales.'

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Emaar chief hails $10bn Dubai support package

Chairman Mohamed Ali Alabbar says it is 'significant', sees emirate forging ahead.

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Saudi index ends winning streak, banks fall

UPDATE 7: Industrial stocks hurt Doha; Kuwait ends at a four-week high.

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DFM to remain volatile over Emaar, Dubai debt - BMI

Business Monitor International says volatility to 'remain high' on Dubai index.

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Merger cancellation good for Emaar - broker

Merger call-off will 'eliminate uncertainties' that have weighed down Emaar stock.

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Emaar shares surge after merger call off

UPDATE 7: Stocks jump 14.8%, biggest gain since Nov last year, pushing Dubai index 7% higher.

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Emaar says merger with Dubai Holding units is off

Dubai property giant says there is no economic benefit for move - statement.

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Dubai's stock market closes at 38-week low

UPDATE 9: Istithmar hotel loss adds to investor doubts, Abu Dhabi at 33-week low.

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Dubai slumps to 20-week low; foreigners flee

UPDATE 5: Saudi down early on, erodes previous gains; Emaar, Arabtec fall in Dubai.

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Revenue dept searches Emaar's India unit office

Emaar MGF's New Delhi offices searched by India's Enforcement Directorate.

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Savola leads Saudi index to higher close

UPDATE 6: Emaar drops 2.8%, DFM3.6%, while Kuwait, Bahrain end higher.

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Dubai developers see negative press reports decline

Study shows negative column inches about city's real estate falls by third quarter.

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Emaar stocks main drag on Dubai index

UPDATE 4: Shares fall 4.4%, while late banking rally helps Saudi to higher close.

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Merger technical talks to conclude in a month - Emaar

New firm is to announce new projects after merger - Mohamed Alabbar.

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UAE indexes extend losses; property weighs

UPDATE 5: DFM ends lower for 5th session in 6 as losers outnumber gainers 16:3.

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SABIC weighs as Saudi index ends lower

UPDATE 5: Oman's MSI ends slightly higher after trading sideways for most of the session.

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Saudi stocks gain, industrials strong

UPDATE 6: Kuwait's index posts its biggest single-day decline since July 6.

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Dubai falls for first day in five; Emaar down

UPDATE 6: Oman's MSI ends lower for fourth session in six; Bank Muscat biggest drag.

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Saudi banks lead index to higher close

Late surge pushes Dubai's DFM above psychologically vital 2,200-level, reaching a two-week high.

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Late surge helps Dubai breach 2,200 level

UPDATE 6: Heavyweights Emaar & Du provide key supports; Abu Dhabi's ADI edges lower.

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Last high altitude crane removed from Burj Dubai

Work on the world's tallest building now focused on the interiors, landscaping - Emaar.

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Selective buying lifts UAE benchmarks

UPDATE 6: Telecoms operator Zain drags Kuwait's KWSE lower while Saudi also falls.

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Burj Dubai to open on Jan 4 - Alabbar

UPDATE 2: Emaar chairman says opening will now coincide with Dubai ruler's four year anniversary.

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Saudi ends higher tracking global strength

UPDATE 3: Volatile trading in Emaar Properties continues as it ends 6.2% higher.

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SABIC, banks weigh on Saudi index

UPDATE 6: Dubai's DFM slips 5% while most other Gulf benchmarks also decline.

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Emaar swings to Q3 profit, sees Dubai prices rising

UPDATE 1: UAE's largest developer says real estate outlook upbeat.

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Abu Dhabi market holds gains, Dubai slips

UPDATE 5: All Dubai stocks, except Emirates NBD, close lower or unchanged.

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Alabbar confirms Dec 2 opening for Burj Dubai

Emaar chairman reveals when world’s tallest building will open in Dubai.

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Emaar's corporate website voted best in the GCC

New study says property giant has top company website of 85 analysed.

read more »

Dubai's Drake & Scull closes at all-time high

UPDATE 5: DFM closes 1.4% higher at 2,297 points, outperforms all other GCC markets.

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Gulf Arab developers eye North Africa real estate

In contrast to Gulf real estate, expansion in Egypt is set to continue amid downturn.

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Abu Dhabi index touches year-high during trading

UPDATE 5: Expected good Q3 results push index higher, while Qatar, Dubai close down.

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MENA investors seen as more resilient - Emaar Int'l

Property giant unit says region has been less affected than West by liquidity crunch.

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Emaar sees merger taking 'reasonable time'

Merger would be one of the biggest in the Middle East, regulators looking into the deal.

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Burj Dubai exterior now complete - Emaar

Final piece of 24,348 cladding sections is fitted to the world's tallest tower.

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No discounts offered to Emaar, Nakheel - Cityscape

Show chiefs say no cheap rates are being offered, talks continue with other developers.

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Burj Dubai interactive visitor tour revealed

Details announced of observatory deck plans for visitors to world's tallest tower.

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Emaar, Nakheel both no shows at Cityscape

UPDATE 1: Property giants say focus is on project completion amid downturn.

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UAE bourses close higher

UPDATE 8: Bluechips help push Dubai 1.8% up to 2,029 points, while Abu Dhabi edges 0.2% higher.

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Dubai, Abu Dhabi close higher

UPDATE 3: In Abu Dhabi, Etisalat continues to advance boosting benchmark; Emaar up in Dubai.

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UAE markets extend 3-day winning streak

UPDATE 6: UAE stock markets edge up on Tuesday, led higher mainly by the banking sector.

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Lebanon's ACC wins 124-floor Dubai tower deal

Pentominium in Dubai Marina set to be world's second tallest building after Burj Dubai.

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Saudi index slips to 7-week low

UPDATE 8: Gulf bourses see low volumes; investors cash in due to souring global mood.

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Kuwait blue chips rally, but Gulf markets muted

UPDATE 6: Arabtec gains 1.4% helping Dubai's index end higher for third session in four.

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EFG-Hermes sees stronger H2 show from Emaar - paper

Investment bank upgrades Emaar to a 'neutral' from 'reduce' rating in short-term.

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UAE benchmarks end higher after global rise

UPDATE 5: Property stocks are the main gainers after sharp declines this week.

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UAE investors spend $1.1bn in Lebanon's real estate

Latest research shows UAE were most active Arab investors in Lebanon in 2008.

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Gulf markets gain, Oman at 9-month high

UPDATE 6: Dubai's DFM closes higher for 5th session in six as Emaar extends gains.

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Bright lights, big future

While the global economic downturn continues to impact markets across the Middle East, the professional AV install sector - particularly in the major hubs of Abu Dhabi and Dubai - continues to maintain steady growth, largely thanks to continued infrastructure investments in both emirates.

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Construction stocks boost Dubai index

UPDATE 9: Drake & Scull most active stock, Abu Dhabi hits six-week closing high.

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Burj Dubai linked to $4bn claim

Korean giant seeks advice from UAE law firm Al Tamimi & Co - report.

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Emaar Properties posts $351m Q2 loss

UPDATE 2: Dubai property giant's chairman says first half of year had been 'extremely challenging'.

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EXCLUSIVE: Burj Dubai set to open on Dec 2

Emaar's world’s tallest building set for official launch on UAE National Day.

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Final piece of cladding to be fitted on Burj Dubai

At 6m-long, the panel is the last of 24,348 pieces of cladding on world's tallest building.

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Dubai market posts biggest 1-day gain since Feb

Stocks boosted by rising oil prices and better-than-expected corporate earnings.

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Bond sale talk lifts Dubai index

UPDATE 2: DFM jumps 6.1%, Emaar Properties adds 2.8% and Shuaa Capital climbs 7% on UAE bourse.

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Saudi index makes largest gain for 4 weeks

UPDATE 3: Abu Dhabi's ADI makes its largest one-day gain for a month; DFM ends up.

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Emaar decline drags Dubai index to 8 week low

UPDATE 10: Emaar shares drop 5.8% after news that Burj Dubai will not open until Dec.

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UAE property firms' Q2's seen hit by lower sales

Emaar Properties forecast to buck overall trend, however, says Shuaa Capital.

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Burj Dubai to open in Dec

World's tallest tower will not open on same day as Dubai Metro in Sept, contrary to previous reports.

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Dubai index falls to seven-week low

UPDATE 8: Volumes at lowest since Feb 3, dragged by banks and construction stocks.

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Opening the gateway

The latest news, tenders and projects from Jeddah, Saudi Arabia.

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Emaar merger likely to be 'distressing' - EFG-Hermes

Merger could lead to 'substantial dilution for Emaar shareholders' - banking report.

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Emaar stock down after closing Algerian office

UPDATE 7: Emaar falls 7.1% to its lowest close since May 20, Saudi index rises.

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Real value?

How will Emaar merger with three Dubai Holding cos affect its investors and the emirate's property market?

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Moody's downgrades Dubai Holding amid merger talks

Agency puts state owned entity, Emaar on review for possible further rating cut.

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Emaar stock slides for third trading day

UPDATE 8 Emaar Properties drops 1.8%, taking losses to 17%; Saudi index rises.

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S&P affirms DHCOG’s ‘A’ rating.

Ratings agency takes account of planned merger of real estate operations with Emaar Properties.

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Dubai Holding-Emaar merger deal raises questions

Value of land owned by units of DH involved in deal questioned by analysts.

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Emaar stocks drop for second day

UPDATE 8: Merger plan worries investors in UAE markets as shares fall 2%, down 12% in two days.

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Emaar in talks to protect shareholders amid merger move

Property giant in discussions with Securities and Commodities Authority.

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New Emaar merger firm worth $52.8bn

New entity resulting from proposed Dubai Holding merger will have debt obligation of AED13.4bn.

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Emaar shares slump 10% on merger plan

UPDATE 8: Dubai index sees biggest one-day drop for 7 months, Qatar, Kuwait and Saudi also down.

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Emaar acquires Golden Ace debt

Dubai-based developer aiming to protect retail brand names of Singapore-listed RSH for its malls business.

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Emaar moves to quell Saudi deal confusion

Dubai developer reacts to UAE bourse regulator's call by issuing new statement.

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UAE regulator asks Emaar for Saudi deal details

Capital and Securities Authority calls for clarification after confusion - WAM.

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Emaar, Kingdom shares drop after tallest tower denial

UPDATE 9: Emaar closes 5.7% down after clarification on Saudi deal; Saudi also closes down.

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Emaar denies tallest tower deal with Kingdom Holding

UPDATE 1: Firm says in statement it will 'not invest in any projects of this sort'.

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Emaar shares jump 7% on back of tallest tower deal

UPDATE 7: Property giant sees stock surge while Saudi, Qatar, Kuwait close higher.

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Emaar to develop Saudi billionaire's property plan

Project will be located in the Red Sea port city of Jeddah; will be worth $26.7bn.

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Banking, property shares drive UAE higher

UPDATE 3: Strength in global markets and rising oil prices boosts investor sentiment.

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Dubai index at 6-month closing high

UPDATE 3: Global sentiment sours on weaker-than-expected economic data from the US.

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Dubai index closes at new 2009 high on back of Emaar

UPDATE 8: Abu Dhabi makes largest one day gain in 10 weeks, closes 28-week high.

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Dubai, Abu Dhabi hit 24-week closing highs

UPDATE 3: Banks, petrochems propel Qatar's QSI as investors back gov't moves to support key cos.

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Banks, property push Dubai to higher close

UPDATE 2: Emaar Properties climbs 7.5 percent and Dubai Islamic Bank rises 3.5 percent.

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Dubai reaches 5-month closing high

UPDATE 3:Abu Dhabi ends higher; Kuwait rises;  Oman, Bahrain slips lower.

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1,000 special art pieces to grace Burj Dubai

Artwork to include 196 cymbals in lobby, handpicked by Emaar chief Mohamed Alabbar.

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Emaar stars as Dubai index closes at 20-week high

UPDATE 8: Most Gulf markets advance on surging global sentiment.

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Nakheel offering up to 30% discounts on units

Dubai-based developer moves to tackle investor defaults by cutting final unit prices.

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Saudi market closes at highest level in 6 months

UPDATE 9: Abu Dhabi bourse bolstered by 6.38% rise in Dana Gas.

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Property shares drive Dubai index to close lower

UPDATE 4: Qatar day's biggest gainer up more than 4%, Oman, Bahrain also higher.

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Zain lifts Kuwait after contract win

UPDATE 2: Kuwait's KWSE marginally up as Zain bags contract for Iran's 3rd mobile network licence.

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Emaar Properties to create 1,600 jobs

New jobs in firm's retail and leisure businesses will increase number of employees on payroll to almost 4,000.

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Banks, real estate drag Dubai to lower finish

UPDATE 6: Kuwait, Qatar both end lower for first time in 9 sessions, Saudi also ends down.

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Emaar Properties to hire 1,000 new staff in 2009

Staff will be recruited for two new hotels in Dubai and property venture in Europe.

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Flowing Arabic script inspires interior of Burj Dubai

US designers using glass, stainless steel, polished dark stones and handmade rugs.

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Real estate, bank shares drag UAE markets lower

UPDATE 6: Blue chips lead way in Muscat, while Qatar and Kuwait also rise but Saudi falls.

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Emaar's Q1 earnings down 73%

Dubai property giant's 2009 profit slumps amid continuing slowdown in real estate sector in Gulf region.

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Emaar's land bank valued at $21.6bn

Property giant's chairman Mohamed Alabbar says completion of projects on time is priority for 2009.

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Emaar Properties urges patience

Chairman makes request as AGM votes in favour of receiving no dividend payout for 2008.

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Saudi index ends higher as largecaps gain

UPDATE 5: Property companies continue to outperform the market in Qatar.

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UAE stocks slump on Q1 earnings

UPDATE 3: Real estate and banking stocks tumble on poorly received first quarter results.

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SABIC, telcos rise to boost Saudi index

UPDATE 2: In Dubai, losers outnumber gainers 11 to one; banks main losers in Abu Dhabi.

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Bargain hunt

Arab property investors are again heading to London, once the playground of rich Middle East real estate buyers.

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Emaar draws up plans to deal with toxic assets

The UAE's largest developer is making decisions on its toxic assets.

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Business booms in Emaar credit notes

EXCLUSIVE: Secondary market emerges in credit vouchers issued as reimbursement by Dubai developer.

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UBS predicts 70% fall in Dubai house prices

The Swiss investment bank advises property investors to wait until the second half of 2009.

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UK property agent to sell Nurai Island properties

Chesterton aims to be first independent international agent in UAE.

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Saudi index closes lower, Sabic heads losers

UPDATE 3: Saudi giant down as investors book profits from the market's recent rally.

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Extreme artist targets Burj Dubai balancing act

Norwegian says death-defying act at world's tallest building would be his dream.

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Bullish banks push Saudi index higher

UPDATE 2: Dubai's DFM ends slightly lower as three of its most important stocks decline.

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UAE super-structures to star in new TV documentary

EXCLUSIVE: Dubai's 'bold and daring' projects will feature on the Nat Geo Channel.

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Dubai's DFM ends at a three-month closing high

UPDATE 3: Property stocks lift Dubai, Abu Dhabi; banks push Qatar higher.

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Emaar Properties to appeal lawsuit ruling

Dubai firm now ordered to pay compensation to Jadawel International as Saudis reverse earlier decision.

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Short-term traders lift UAE markets

UPDATE 2: Oman's MSI extends gains into sixth trading day; Bahrain's BAX down again.

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Profit taking sends UAE markets lower

UPDATE 3: Dubai's DFM ends down, registering its largest reverse for six sessions; Abu Dhabi retreats.

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Abu Dhabi index closes at three-month high

UPDATE 3: Kuwait's KWSE closes up for fifth successive session; Saudi up too.

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Dubai index hits highest close for 6 weeks

UPDATE 5:  Investors eyeing large-caps that bore brunt of market's collapse from mid-2008.

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Saudi construction to contract by 0.7% this year - report

Business Monitor International predicts positive growth will not return until 2013.

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UAE blue chips surge, send indexes higher

UPDATE 3: Big players including real estate, banking shares advance on UAE bourses.

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Bank shares send UAE markets lower

UPDATE 2: Dubai's DFM falls 0.63% to 1,569 points, while Abu Dhabi sheds 1.81% to 2,488 points.

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Saudi shares track declines in world stocks

UPDATE 4: Muscat's MSI slumps after hitting a three-week high on March 24.

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India to buy $20m of Emaar-MGF flats - paper

UAE giant's venture is developing 2010 New Delhi Commonwealth Games village project.

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PetroRabigh lifts Saudi higher

UPDATE 5: Dubai ends higher for first time in three sessions as property, banks advance.

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Abu Dhabi's Green Crescent ends up

UPDATE 3: Bahrain, Dubai's DFM end lower; Abu Dhabi eases slightly, led by Arkan Building.

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Saudi ends higher, global markets help

UPDATE 5: Good day for Gulf markets sees all region's bourse end in positive territory.

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The parallelism of time

Frank Lloyd Wright’s dream comes true.

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UAE market closes up on back of realty, telecom stocks

UPDATE 3: Qatar also closes on one month high after gov't buy-out of bank portfoilos.

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UAE shares extend gains as world stocks rise

UPDATE 3: US Fed's move boosts investor sentiment as banking, real estate stocks rise.

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S&P confirms Dubai’s financial security

Ratings agency reaffirms belief Dubai can raise finance from government or private sector.

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Commercial Bank leads Qatar gains; Kuwait up

UPDATE 3: Shares of Commercial Bank of Qatar and Barwa Real Estate lift Qatar higher.

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Emaar postpones AGM amid 'planning' issues

Property giant delays annual meeting until end of April, agenda 'remains the same'.

read more »

Dubai stocks fall as bank shares retreat

UPDATE 1: Dubai sees shares slump, Mashreq Bank losses hit 27% over past 2 weeks. 

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Abu Dhabi declines third time in four sessions

UPDATE5: Retail investors book profits on Etisalat; ADI finishes lowest in 7 sessions.

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Arabtec leads Dubai up; Qatar rises on gov't aid news

UPDATE4: Qatar, Oman, Kuwait end higher while Abu Dhabi's QSI ends lower.

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UAE markets end lower on profit-taking

UPDATE1: Arkan Building drags Abu Dhabi lower; Mashreqbank weighs on Dubai bourse.

read more »

Dubai's DFM snaps six days of losses

UPDATE3:  Dubai Financial Market ends up; Etisalat and NBAD lift Abu Dhabi bourse higher.

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Abu Dhabi snaps 9-day rally on profit-taking

UPDATE 4: ADI bourse posts biggest one-day decline since Jan. 21; Dubai low again.

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Abu Dhabi's Taqa up on share buyback

UPDATE3: Bourses in Dubai, Qatar, Kuwait end lower; Bahrain bucks downtrend lifted by banks.

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Etisalat boosts Abu Dhabi; Dubai falls

UPDATE3: Emirates Telecom jumps 9.59%, extending gains on news of 35% cash dividend and bonus shares.

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Dubai market ends lower; banks lead Saudi up

UPDATE3: Dubai's DFM up more than 52% this month, falls 9.77% after declines on Tuesday.

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Saudi's SABIC tumbles to multi-year low; Dubai dips

UPDATE 5: DFM down as investors sell on profit-taking amid weak global cues.

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Dubai's index posts biggest one-day gain since Nov 17

UPDATE 3: Aldar, ADCB lift Abu Dhabi to higher close as UAE markets cheer bonds news.

read more »

Emaar plunges, closes nearly 10% down

UPDATE5: Stocks of real estate major see volatile day after its US unit seeks bankruptcy.

read more »

Fountains of Bellagio

Of the world's many large and impressive water features, few are as well known as The Fountains of Bellagio in Las Vegas. COD takes a closer look at what makes it an icon.

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Emaar fights the financial crunch

Emaar Properties plans to maximise productivity this year in order to soften the blow of the negative impact of the financial crisis.

read more »

Emaar's US-based subsidiary in Chapter 11 move

WL Homes, which builds under John Laing name, files for bankruptcy protection.

read more »

Dubai posts biggest one-day gain in 3 months

UPDATE 3: DFM's stock surges over 14% amid positive Borse Dubai refinancing news.

read more »

Property stocks lift Dubai, Abu Dhabi slips

UPDATE 6: Union Properties, Arabtec lead gains in Dubai; Abu Dhabi slips on profit booking.

read more »

Oman, Qatar end up; UAE ends low on real estate stocks

UPDATE 3: Dubai's Emaar Properties plummets 8%; Abu Dhabi's Arkan down.

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Emaar announces $1.5bn profit, down 15%

Property giant's chairman says company is facing new 'economic realities' in downturn.

read more »

Al Rajhi, SABIC lead Saudi index lower

UPDATE 4: In Dubai, Arabtec continues to surge after posting jump in '08 profits.

read more »

Property rally lifts Dubai, Abu Dhabi shares

UPDATE 3: Long term investors gradually accumulate shares on UAE markets.

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Dubai, Kuwait, Bahrain see red; Abu Dhabi, Qatar end up

Banks, real estate stocks drag down Dubai; Abu Dhabi up on Arkan Building.

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Emaar, Arabtec power Dubai to higher close

UPDATE 3: Real estate stocks rise on back of strong Saudi market performance on Sat.

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Most Gulf Arab stock markets end up; Oman, Bahrain down

UPDATE 4: Kuwait, Qatar end in green on increased retail investor interest.

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Qatar, Bahrain end low; UAE real estate stocks hurt

UPDATE 5: Fears of poor Q4 show outweigh gov’t move to aid Qatari bourse.

read more »

Emaar in talks with contractors

Emaar Properties has confirmed it is in talks with its contractors and consultants to reduce contract costs.

read more »

Emaar sticks with accounting policy

Emaar Properties says it will stick to its policy of not booking profits through the revaluation of assets.

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IN VIDEO: Watch new clip of Burj Dubai

Exclusive shots of world's tallest tower in Dubai as Emaar prepares for launch in September.

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UBS cuts target price on real estate giants

Investment bank takes decision on continuing concerns over exodus of expat workers from UAE.

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Dubai property prices may fall 20% - Emaar chief

Chairman of giant developer feels estimates of 60% drop in prices are 'illogical'.

read more »

All major Arab Gulf bourses end higher

UPDATE 8: Dubai index rises to 1,488 points; NBAD lifts Abu Dhabi bourse.

read more »

Qatar ends 9-day losing streak; UAE markets end mixed

UPDATE 4: Shares of Industries Qatar and Qatar National Bank lead rally in Doha.

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Dubai ‘09 property demand to outweigh supply – report

Emaar Properties chief positive despite global financial crisis, Al Khaleej reports.

read more »

Dubai's Emaar Properties sets $4bn borrowing plan

Real estate giant unlikely to draw on debt till market conditions improve.

read more »

Bank downgrades profit forecast for Emaar

Credit Suisse predicts lower profit level for property giant due to US unit write off.

read more »

Kuwait, Oman, Qatar markets end at multi-year lows

UPDATE 8: Investors fear poor Q4 results and lack of immediate government action.

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Burj Dubai set to open September in line with metro

A soft opening of the world's tallest tower is set to take place on Sept. 9.

read more »

Emaar US makes job cuts due to credit crisis

Layoffs for staff working across John Laing Homes in Colorado, Southern California.

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Gulf markets end lower amid global gloom

UPDATE 5: UAE, Qatar, Kuwait and Oman fall as investor sentiment is impacted.

read more »

UAE, Saudi, Qatar markets end in red

UPDATE 5: UAE markets were dragged down by real estate and bank stocks.

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Gulf bourses end in red on Q4 earnings fears

UPDATE 6: UAE, Qatar, Oman, Kuwait, Saudi and Bahrain exchanges all end lower.

read more »

Emaar bid to calm shareholders

Emaar chairman Mohamed Ali Alabbar has released a statement in a bid to calm shareholders following 12 months of diminishing value for the developer's listing on the Dubai Financial Market.

read more »

Monolith maker

Burj Dubai architect Marshall Strabala on why the credit crunch could curb the Gulf's height wars.

read more »

Rumours of Dubai’s demise are greatly exaggerated

Why are so many journalists waxing lyrical on the supposed collapse of Dubai?

read more »

Emaar chief targets 'new chapter of growth' in 2009

Chairman Mohamed Alabbar says opportunities will outweigh challenges.

read more »

Burj Dubai now 780m high - Emaar

Centrepiece of $20bn Downtown project nears completion, stands more than 160 storeys high.

read more »

Sale over?

While consumer confidence is wavering and tourist spending is on the slide, the amount of retail space is up.

read more »

Common ground

Creating a successful residential community involves responding to a number of different considerations. Commercial Outdoor Design reports.

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Emaar defends move in share buyback u-turn

UPDATE 1: Company's 10% share buyback cancelled after failure to buy stock in time.

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Dubai’s shopping spree

Retailers have announced ambitious expansion plans in the city next year, despite the economic downturn.

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Emaar's outlook revised to negative by rating agency

Move taken to reflect 'rapid weakening' of Dubai real estate market.

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Emaar to build $100mn Khalifa City in Cairo

Urban development for low-income households to be built with funds provided by Abu Dhabi.

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Emaar wins $100mn Egypt city contract

Dubai-based developer has been contracted to build Sheikh Khalifa bin Zayed City in New Cairo.

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Architect reveals Burj Dubai height

EXCLUSIVE: Iconic Dubai landmark destined to be 808 metres tall, says designer behind project.

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Merrill gives Emaar AED3 price target

US bank gives Dubai developer 'neutral' rating due to market conditions turning for worse.

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Emaar, Armani start work on Milan hotel

Construction on flagship Armani Hotel Milano in Italy underway, hotel due to open in 2010, firms say.

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Dubai gov't denies Emaar, Nakheel merger

UPDATE 1: Gov't says merger not on cards after comments by Emaar chairman.

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Emaar 'might' lay off staff - Alabbar

Dubai-based developer will do whatever is in best interest of shareholders, chairman says.

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Alabbar: Dubai will meet all debt obligations

UPDATE 4: Emaar chairman says Dubai's total debt obligations stand at $80bn.

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Emaar takes steps to boost residential sales

Emaar Properties has announced plans to assist potential buyers with purchasing property in Dubai, in the face of a faltering residential sales market.

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Emaar reacts to job loss reports

Dubai-based Emaar Properties reacted to reports of job losses from within its ranks with a carefully-worded statement, days after offering a “no comment” to Construction Week.

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Emaar awards golf contract for Economic City

Emaar's, The Economic City, - the Tadawul-listed company behind the development of King Abdullah Economic City (KAEC), has awarded a US$39.2 million contract to Rabya Trading and Agriculture Company to develop a golf course in the residential area of Esmeralda.

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Sustained demand will drive real estate sector, says Alabbar

"Domestic demand for real estate continues to outstrip supply and has positively shifted towards an end-user market," according to Mohamed Alabbar, Member of the Dubai Executive Council and Chairman of Emaar Properties in an address at the World Economic Forum's Global Agenda Summit.

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Advertising a sign of the times

Booming real estate has allowed the regional advertising sector to grow fat. But there may be lean days ahead for the media industry as spend declines on cooling demand for property.

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North Africa faces testing time

Investment has flooded into North Africa, but can Gulf developers now deliver on earlier promises?

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Emaar shares at four-year low amid jobs review

UPDATE 4: Both Dubai and Abu Dhabi exchanges hit near four-year lows too.

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Emaar relaxes payment in effort to kick-start demand

UPDATE 2: Developer allows buyers to pay over five years after handover, rent before you buy.

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Property prices in Burj Dubai tumble up to 50% - report

Emaar Properties' flagship Downtown Burj project sees prices fall at least 22%.

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Emaar Properties rethinks plan for London listing

Chairman says company will 'reconsider that plan' due to market woes.

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Maintaining MEP

MEP Middle East assistant editor Peter Ward reports on FM solutions to the problems of maintaining MEP systems.

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Dubai debt fully covered - Alabbar

UPDATE 1: Emaar chairman says emirate fully covered to service debt over next seven quarters.

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Emaar denies problems on Dubai Tram project

Emaar Properties' US $20 billion (AED73 billion) Downtown Burj Dubai tram project may be in jeopardy and the company is going through an "across the board belt-tightening exercise," a former top executive has said.

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An address with a difference

Hotelier Middle East checks out the hotly anticipated new hotel on the block, The Address, Down Town Burj Dubai.

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Emaar extends mortgage repayment deadlines

Developer's move to help customers amid liquidity constraints in banking sector.

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Ad-dressed to kill

Organic and textural, the interiors of Emaar's first hotel mirror the region's natural landscapes, Selina Denman discovers.

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The Dubai Mall opening plans unveiled

Emaar Malls Group's flagship to open to public at 2pm on Tuesday, November 4.

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What’s in a name?

It's rare that an outdoor design project hits the headlines, but that certainly was the case last week when Emaar finally unveiled the name for its new water feature in Downtown Burj Dubai.

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North Africa faces a real test

Gulf real estate investment has flooded into North Africa, but can developers deliver on their promises?

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Emaar names supersize fountain

AED 100,000 cash prize to be split between 15 winners.

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Emaar buys back 200,000 shares

Dubai developer executes plan announced in Sept. as shares hit their lowest since Dec. 2004.

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15 share 'Dubai Fountain' prize

Emaar reveals the winning entry for its competition to name the 275m Burj Dubai fountain.

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Syria's "Eighth Gate" sees rapid progess

Emaar-IGO, a joint venture between Emaar Syria and IGO, an offshore property and investment company, has announced it is making rapid progress on the US$500m Eighth Gate in Damascus.

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Dubai Mall to open this week

Dubai Mall will finally see the light of day this Thursday when it officially opens to the public.

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Dubai exchange bucks trend by closing higher

UPDATE 5: Dubai Financial Market is sole positive as Gulf exchanges struggle.

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Orange scores Saudi Smart City telco deal

Orange Business Services and property developer Emaar have confirmed at GITEX Technology Week that they will work to develop the telecoms infrastructure aspects of the King Abdullah Economic City (KAEC) project in Saudi Arabia.

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Saudi developer Al-Oula to raise $800mn via sukuk

Two-year timetable to obtain credit rating and finance expansion plans.

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Emaar Properties Q3 profits fall by 3.8%

UPDATE 1: Developer posts net profit of $408mn after taking writedown relating to US unit.

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Gulf markets fall amid recession fears

UPDATE 4: Global stock market falls are replicated locally as all bourses end down.

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Gulf markets continue to rally

UPDATE 5: Dubai Financial Market sees largest one-day gain for the second day running as shares soar.

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Emaar Properties initiates share buy back programme

Emaar Properties share buy back is set to increase investor confidence, time will tell whether it will create more than a ripple in the turbulent markets. By Lauren Hills.

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Real estate shares enjoy huge increases

After days of misery, UAE's main property players finally have something to smile about.

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Deal signed to publish Burj Dubai Opus

Emaar Properties to chart creation of what will become world's tallest building.

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Emaar Properties shares fall to new 46-month low

Real estate giant falls 9% as report predicts slowdown in Dubai's housing market.

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Consolidation on the cards

In these uncertain times, investors are looking for a sign the real estate sector can adapt to the shifting global economic climate.

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Strong branding to help firms weather correction

Investors more likely to be loyal to developers during times of trouble - Futurebrand.

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Gulf exchanges suffer further losses

UPDATE 5: Emaar and Etisalat among high-profile casualties as market uncertainty continues.

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A trendsetter in retail technology

S&S looks at how the Dubai Mall is changing the face of shopping entertainment and is using a host of sophisticated multimedia systems to make it a global destination for retail leisure.

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Emaar to start share buyback after Q3 results

Dubai developer denies it has started repurchasing stock amid market rumours.

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No let up as UAE real estate shares slump continues

UPDATE 3: More woe for property firms while Saudi bourse again closes well down.

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Common values

The Abu Dhabi Urban Planning Council's unveiling last month of its Community guidelines, the latest stage in its Estidama sustainability programme, proves once again just how much outdoor design has moved into the spotlight.

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Design unveiled for new world's tallest tower

UPDATE 1: Movie stars Catherine Zeta Jones and Michael Douglas at launch event in Dubai.

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Emaar, Mazaya lead declines in UAE markets

UPDATE 1: Real estate firms see their shares struggle on first day back after Eid holiday.

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Emaar in $7bn Saudi joint venture

Dubai developer to build 3,100-hectare mixed-used project near Riyadh with Al-Shoala Group.

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Battle to build the new tallest

Dubai-based developer Emaar could make a surprise announcement this week of a possible plan to build a new skyscraper.

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Emaar may take over Lagoons project

Developer in talks with Sama Dubai over $17.7bn development in wake of delays, arrest of execs.

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Property pioneer

In the face of a global slowdown, Arif Amiri, senior director of Emaar properties explains why he thinks the UAE's real estate market can stave-off a recession and continue to grow.

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Shopper-tainment

The Dubai Mall unveils retail world’s most sophisticated multimedia systems.

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Turn the air blue

From skyscrapers to islands, Dubai has turned thinking big into a citywide pastime. Next up: a fountain.

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Risky business

Leisure operators need to assess their risk management strategies in order to both protect themselves and their customers.

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Jadawel lawsuit clause 'ineffective, unenforceable'

UPDATE 1: Emaar confirms it has won suit brought against it by Saudi developer.

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UAE markets continue upward trend

Emaar Properties, Emirates NDB lead gains as bourses follow up Sunday's positives.

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Emaar fails to bounce back

Emaar Properties chairman Mohamed Ali Alabbar said that the master developer’s plummeting share price is a reflection of world financial trends.

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Jordan's growing pains

Gulf developers are being drawn to Jordan, but face inflation and energy resources stretched to the limit.

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Global concerns weigh heavy on Gulf markets

Another bad day for real estate giant Emaar, Kuwait only bourse showing positive.

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Value added

Michele Howe reports on how to get the maximum value per square foot out of a real estate investment.

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Gulf markets pummelled by Wall St crisis

UPDATE 7: Markets end down, Dubai, Abu Dhabi recover sharp losses as foreigners bail.

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Beware the armchair tipster

Technical analysis, they say, is the art of drawing a crooked line from an unproved assumption to a foregone conclusion.

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Multimedia meets shopper-tainment

Dubai Mall’s sophisticated technology is set to change the face of shopping in the UAE.

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Emaar buyback plan fails to woo investors

UPDATE 2: Shares in developer end day down more than 3% despite early gains after announcement.

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Emaar unveils share buyback as stock plunges

Dubai developer not to launch scheme until Oct. 1, shares fallen nearly 50% this year.

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Real estate woes leave Gulf shares down

Fatigue selling sets in as Oman index loses another 5% in 30% fall since June 12.

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Emaar Properties slumps to new 41-month low

Dubai-based real estate giant suffers as ongoing police probes plague local market.

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UAE shares predicted to rebound soon

EXCLUSIVE: ING investment research head claims Emaar is prime example of stock undervaluation.

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Dubai, Kuwait buck shares slump in Gulf region

Saudi slips for the third day running as selling pressure from foreigners hit bourses.

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Trading thin on first day of Ramadan

Total number of shares traded on Saudi index lowest in two years, mixed fortunes elsewhere.

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The latest Armani Residences to open in Marassi

Emaar teams with Armani in exclusive beachfront residences in Egypt.

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Burj Dubai reaches new record height

Emaar Properties' flagship development hits height of 688 metres, more than 160 storeys tall.

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Oman bourse biggest loser on eve of holy month

Oman ends day two percent down as foreign institutions dominate trading.

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Dubai: Takes your breath away

When the authorities say that the air in our city is clean, we can all breathe a sigh of relief. Or can we?

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Emaar bounces back after 40-month low

Property giant's shares increase by five percent in a day as investors eye bargains.

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Rocking the Kasbah

Tipped to be the biggest emerging international market Morocco has much to aspire to. Elspeth Hoare examines the country's current plans for growth, and what's to come.

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Another black day for real estate shares

Property giants continue slide in Dubai as probe continues to shake market.

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No visa guarantee for investors - report

Emaar reportedly sends notices to sub-developers to hold off on processing applications.

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Emaar slide continues after new law revealed

Shares in Dubai-based developer fall for the fifth day in bad day for real estate companies.

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Emaar shares close at 40-month low

Real estate firms struggle on Dubai bourse as Gulf exchanges experience a day of mixed fortunes.

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Cutting edge 'shopper-tainment' promised at The Dubai Mall

Once complete, the 12.1 million ft² Dubai Mall – the newest project from Emaar Malls Group LLC – will be one of the world's largest shopping and retail destinations.

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Chasing China

Watching the Olympics opening ceremony this week, I couldn’t help but think that we were perhaps seeing something more than just the beginning of a sporting spectacle.

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Emaar unveils $3.3bn Dubai eco-project

Mushrif Heights spread over 400 hectares and will focus on sustainable development.

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Gulf exchanges recover after losses

First Gulf Bank and Emaar Properties are high-profile leaders as region's markets bounce back.

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Emaar shares plunge amid market woes

Middle East's largest property developer has another day to forget for exchanges in the Gulf.

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64% fear global downturn has reached Gulf

Arabian Business poll reveals concern after casualties on local exchanges.

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Power trip

As the Olympics get into full swing in Beijing, it is worth noting the success so far of the power supply.

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Emaar leads slump in region's shares

UPDATE 3: Real estate companies are hardest hit as markets have day to forget across the Gulf region.

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80% question need for more shopping malls

Arabian Business poll suggests demand isn't what is used to be for retail therapy.

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Cairo hotel revamped

Alamein Hotel in Cairo has been revamped as part of the US $1.74 billion (AED6.39 billion) Marassi resort project. The renovation work, carried out by Emaar Misr, has been done in five weeks.

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Maintaining MEP

MEP Middle East assistant editor Peter Ward reports on FM solutions to the problems of maintaining MEP systems.

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Dubai property prices 'to fall 10% by 2010'

Research claims sharp correction in market is likely as supply of real estate increases.

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Water efficiency initiative launched

Emaar Properties and Dubai Municipality have signed a partnership agreement for a water efficiency initiative aimed at reducing sewage production in 58 properties on Sheikh Zayed Road. A reduction of up to 40% is expected, depending on the building use and occupancy.

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Land of the Pharaohs

Egypt is attracting an abundance of Middle East developers, all with a vision of creating a new era.

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Emaar plans $2bn Indonesia investment

Property giant will develop 1,250 hectare plot of land in 15-year tourism plan.

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Emaar opens Uptown Cairo Hotel

Dubai-based developer, Emaar, is building a five star luxury hotel in Egypt called The Address, Uptown Cairo.

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Dubai sales to offset US hit - Emaar

Dubai developer says strong regional sales to offset any writedowns at its US unit John Laing Homes.

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Water world

The UAE is a haven for waterfront properties, especially ludicrously expensive ones.

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Emaar Q2 profit hits $452mn

UPDATE 1: Emaar net profit up 6.5% from year-earlier, but misses most analysts' forecasts.

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Emaar to ramp up India investments

Emaar set to invest $150mn for 20-25 percent stake in three Indian real estate developments.

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Emaar poised to post record profit

Middle East's largest developer likely to see Q2 earnings rise 13% to $480mn, analysts forecast.

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Emaar Bawadi unveils towers project

Emaar Bawadi has announced plans for three apartment towers on Bawadi Strip.

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Skyline frenzy

The Dynamic Tower project has got me thinking about skyscrapers in Dubai. Just where is this architectural frenzy taking the city?

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Grand Boulevard to showcase Burj view

Emaar Properties plans to highlight the views of the Burj Dubai by emulating some of the world's most elaborate boulevards.

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UK building industry worth four times less than Emaar

Stock market rout means four largest building firms are now worth a mere $4.3bn.

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$27k fountain naming competition launched

Dubai developer Emaar taking suggestions for name of plannned mega-fountain.

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Trump honoured with lifetime achievement award

Business tycoon one of 21 winners at inaugural Arabian Property Awards in Dubai.

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$100bn of foreign projects in pipeline - Emaar

UPDATE 1: International operations to make up 70% of revenue by 2010, exec says.

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Burj Dubai to be even taller than planned

UPDATE 1: Emaar sets September 2009 completion deadline - 9-month delay.

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Emaar Retail hires new chief

The subsidiary of Emaar Malls Group has recruited an industry veteran to accelerate its expansion strategy in emerging markets.

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Emaar to build hospitals in Mideast

Dubai developer teaming up with US brand The Methodist Hospital in UAE, Egypt and Saudi Arabia.

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Burj Dubai to extend higher as it fights delay

The completion of the Burj Dubai has been delayed further until September 2009, according to master developer Emaar.

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Emaar unveils The Mansions

Emaar Properties has unveiled a new 60-storey tower, to be located on the Burj Dubai Boulevard.

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Doing it properly, that's what matters

At least someone out there in this big bad construction world has the guts to say ‘we're late and that's fine.'

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Emaar undervalued says Shuaa chief

INTERVIEW: Shuaa Capital CEO Iyad Duwaji says investors sour on Emaar for 'sentimental reasons'.

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Hope springs eternal

The internet's power became clear in 2002 when the BBC opened their website for votes to decide the best song of all time.

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Record inflation won't hurt property demand - Emaar

Inflation 'global phenomenon' and will not impact demand locally, chairman says.

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Emaar to build one of world's largest fountains

$218 million project will include integral light and sound show, become major tourist attraction.

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Emaar unveils plans to build US$218mn fountain

Water feature expected to attract 10 million visitors annually, says developer.

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Burj Dubai facing 9-month delay

Construction of world's tallest building unlikely to be finished until August or September, chairman says.

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Dubai next frontier for stunt daredevils

World's tallest tower the Burj Dubai becoming magnet for daredevils and extreme sports enthusiasts.

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Burj trumps Trump to become most expensive property

World's tallest building now worth more per square foot than rival on Palm Jumeirah.

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Safe as houses

Making residential developments secure is a key concern for developers. James Boley looks at what can be done at the design stage.

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Oman bus stop theory

Finalising a regulatory framework early on may be best, but could increase financial institutions' time to market.

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Burj worker crushed to death

Man killed by falling exterior panel on construction site of world's tallest building, developer says.

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Emaar puts luxury homes on market

Emaar Properties has unveiled its Golf Homes in Arabian Ranches. The development, located on the fairways of a golf course, sets new standards in luxury living, according to the developer.

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Teema makes debut in Asmaran

Emaar Bawadi, the joint venture between Emaar Properties and Bawadi, has launched Teema, the first residential community in Asmaran, a 6.5 million m² master-planned project being developed in Bawadi.

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Viva Las Vegas

Emaar Properties is tasked with delivering the first phase of the Bawadi strip of hotels in Dubailand.

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Emaar reveals social housing drive

Dubai developer to acquire specialist firm to launch projects for low-income families in emerging markets.

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Santa Barbara arrives at Egypt's New Cairo launches Santa Biro

Exclusive Santa Barbara, famed in the United States for its Spanish and Mediterranean-style architecture, sandy beaches and leafy palm tree-lined streets, is coming to New Cairo City in Egypt.

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Eastern Province lures families

Emaar Middle East plans to attract family buyers to its multi-billion dollar Eastern Province residential project with facilities including mosques and schools.

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Amlak renews request for bank licence

Dubai-based Islamic mortgage company in fresh attempt to become a bank.

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Burj Dubai's sky-high glass panels earn record

Arabian Aluminum fits reflective-glazing panels on 141st floor of world's tallest structure.

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Emaar margins up as Burj sales kick in

Apartment sales steady, but construction costs fall as $20bn Burj Dubai project nears completion.

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Spotlight on Saudi

Saudi Arabia is undergoing a huge rise in construction, but how is the industry coping with demand?

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Is it all rubbish?

Currently, the UAE only recycles 3% of its waste. Why? Becca Wilson speaks to waste management experts to reveal the reasons behind the rubbish worries and what more can be done.

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Hotel boom

Investors are now committing to major hotel-building projects, including Emaar, Nakheel and Aldar.

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Emaar dismisses fears of luxury hotel oversupply

ATM: Demand for high-end hotels will continue for at least the next decade, exec says.

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Bin Laden bags $373mn tower project

Saudi construction group to build 16 luxury towers in Emaar's King Abdullah Economic City.

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Emaar releases Burj units for sale

Emaar to offer further residential and commercial units in $20bn Downtown Burj Dubai on Saturday.

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$136mn tram system to link Downtown Burj Dubai

Emaar Properties unveils state-of-the-art transport service for its flagship mega project.

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Skywards services

With each milestone passed by the Burj Dubai, the skills involved in creating the structure become even more evident.

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Servicing the Burj

With services risers running the full 600m+ height of the building, designing MEP systems to serve the Burj Dubai has taken great care. How will the tower be serviced?

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Going up…

As the tallest building in the world the vertical transportation systems will play a major role in the success of its future operation, we explore how visitors will travel up and down the Burj Dubai.

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Cool runnings

Keeping over 160 floors of residential, hotel and commercial premises constantly at their desired temperatures is no mean task. Add the need for energy efficiency to the list and the MEP consultants and contractors had a large task on their hands.

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Tower power

Ensuring 24/7 power supplies for the Burj Dubai has meant some unusual distribution practices. We take a look at the final systems being installed in the project.

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Pipe plans

The plumbing distribution system for the Burj Dubai tower has needed considerable care at the design and installation stages. We take a look at the issues that had to be tackled.

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Fire safety at height

Fire safety systems are considered one of the most vital components installed in the Burj Dubai's MEP services.

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Making initial preparations

The construction period for the Burj Dubai has proven equally complex in terms of MEP services as the final installation. Just what was needed to make the project operational?

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Low customer loyalty for Gulf developers

Half of GCC real estate investors do not favour any particular property developer, according to survey.

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Leviev to bring diamonds to Burj

Jewellers will open new stores in Dubai skyscraper and on Palm Jumeirah island by end of this year.

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Emaar profit drops again

Largest Arab developer posts second decline in earnings in three quarters on US housing woes.

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Shaky foundations

Recent project cancellations suggest the risks now outweigh the rewards of buying off plan real estate in the Gulf.

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Dubai “a sprawling mess” and “hell on Earth” according to British architects

Dubai's architecture was recently condemned by UK property developers and architects as "a sprawling mess", as part of a development row currently taking place in Liverpool.

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The Dubai Mall’s opening date unveiled

Emaar Malls Group reveals The Dubai Mall is set for completion by August 28.

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Burj Dubai now world's tallest manmade structure

Iconic tower surpasses 628.8-metre high KVLY-TV mast in the US, Emaar says.

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DP World inks Saudi economic city deal

Dubai ports operator to develop and run Red Sea's largest port at King Abdullah Economic City.

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Burj Dubai breaks more records

The Burj Dubai has broken records again to become the world's tallest man-made structure.

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Emaar signs China real estate deal

UAE IN CHINA: Agreement covers cooperation on real estate, healthcare and education, official says.

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Bin Sulayem overtakes Alabbar on Power list

Dubai World chairman up three places from 2007, overtaking Emaar chairman Mohammed Ali Alabbar.

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Dubai interior designer plans $400mn IPO

Designer of Burj Al-Arab eyes share sale to finance expansion, CEO says.

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Emaar still keen on Indian IPO

Dubai developer continues to have long-term India plans despite pulling IPO last month, CEO says.

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Emaar eyeing bargains in West

Developer seeking opportunities in US and Europe where property has become 'attractive', chairman says.

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Emaar to build $600mn Indonesian resort

Dubai developer signs joint venture with Bali Tourism Development Corporation.

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Emaar shareholders approve 20% dividend

Similar cash dividend last year disappointed investors, sending shares into tailspin.

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Arabtec partners with Emaar in US$142m Polo deal

Arabtec Construction LLC was awarded a US$142m contract by Emaar Properties PJSC for the construction of a new development project in the Arabian Ranches in Dubai.

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Emaar signs $600 million Indonesian mega-project

Indonesian president Susilo Bambang Yudhoyono oversees agreement between Bali Tourism Development Corporation and Emaar Properties

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Markets continue slump ahead of Fed cut

All Gulf states pegged to US dollar see markets drop on concerns US will slash rates.

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Flying high

Designing towers that reflect culture and society is how Adrian Smith,the designer behind the tallest building in the world, makes a living. Now that the Burj Dubai is approaching completion, Conrad Egbert finds out what it's like to be an expert in tall buildings.

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Emaar JV to develop in Syria

Emaar Properties has signed a US $100 million (AED367 million) 50-50 joint venture agreement with Cham Holding Company in Syria, to develop mixed-use projects in the country.

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Billionaire Sawiris denies Burj penthouse buy

Egyptian billionaire's office denies report he bought apartment in world's tallest building.

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Gulf markets rebound

Stocks across region push markets to higher close, bar Saudi which drops for fifth time in six days.

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Gulf stocks hit by US recession fears

Gulf markets decline on back of losses suffered in US last week, led by telecom operators and banks.

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Four-month Burj delay due to interior design

Emaar says it would rather see 'nominal' delay to project than compromise on quality.

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Burj Dubai hit by four-month delay

World's tallest structure will not be finished on time, Emaar Chairman Mohamed Alabbar reveals.

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Designer insight: Andrée Putman

With the sheer number of residential projects currently under construction in Dubai, the question is how do developers outpace their rivals in a bid to attract buyers' attention? Well, it's all about the interior design of course. And who better to add a touch of class to a project than the ‘Grand Dame of Modernism' herself, Andrée Putman.

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Aldar looks west

Abu Dhabi's largest developer Aldar has set its eyes on the real estate markets of Europe.

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Gulf developers target Syrian property market

Diar and Emaar to invest $450mn, part of emerging markets expansion.

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Next step

Rob Mionis, chief executive of DAE Manufacturing and Engineering, on the company's plans.

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Onboard with Aqua

In a world that is commercialising all amateur contests, ploughing the commercialised sentiments of sponsorship and win-at-all-costs mentality into even the most ‘gentlemanly' of sports, sailing, the RC44 World Championship steps out as a breath of fresh air.

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Prince Alwaleed to invite bids for mile-high tower

Building could be twice as high as Burj Dubai, set to become world's tallest structure.

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Abroad idea of investment

The trend among UAE construction firms of taking on overseas markets is reminiscent of a similar movement in the UK's IT industry.

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Emaar seeks Leed for Dead Sea job

Emaar's Samarah Dead Sea Samarah Resort, the US $500 million (JD354 million) mixed-use development by Emaar International Jordan, will pursue the Leadership in Energy and Environmental Design (Leed) certification for the Samarah Rift component of the project.

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Region at risk as supply chains tighten

Global contraction of raw materials and workers' rights threatens to derail construction boom.

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Twice as high as Burj Dubai

New world's tallest building to be built in Middle East region, double height of current record holder.

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First aerial footage of 600m+ Burj Dubai

WORLD EXCLUSIVE: The latest films and photos of world's tallest structure in Dubai after 600-metre breach.

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Emaar shares continue to disappoint

Dubai property firm's 20% divedend likely to sour shareholders, analysts say.

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Emaar to pump $30bn into Algeria

Dubai-based properties developer offers to increase investments in North Arfican state, minister says.

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Hundreds queue all night for Burj Dubai units

Eager buyers bring blankets, food and drink as they wait to snap up units in development.

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Hotel review: The Palace Old Town

The Palace Old Town hotel is designed with the business traveller's needs in mind.

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More hype than headlines for Emaar Healthcare debut

Despite its stand dominating the entrance to Zabeel Hall, Arab Health witnessed few concrete revelations from the Emaar Healthcare Group concerning its much-hyped entry into the healthcare market.

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Brand Arabia

From property to media and finance to airlines, Arab companies are taking the global stage by storm.

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Nakheel tight-lipped on Burj Dubai rival

State-owned developer will not reveal building's final height, when it will be finished or even its name.

read more »

Emaar faces flat profit in 2008

Dubai developer expects profit to remain almost unchanged compared with 2007, EFG-Hermes says.

read more »

Gulf stocks rout 'temporary', says Emaar

Region's 'outstanding' economy will bounce back from record market losses, chairman says.

read more »

Emaar's US unit profits despite subprime crisis

Dubai developer's John Laing Homes to show 'small profit' this year, chairman Alabbar says.

read more »

Eastern promise

Once the preserve of the ruling Chinese dynasties, Feng Shui is now a global phenomenon impacting interior designers in the Middle East. By Adam Dawson

read more »

Emaar to develop indoor theme parks

Dubai developer teams up with Japan's Sega, first facility will be in world's largest mall, Dubai Mall.

read more »

Emaar earnings to drop

EFG-Hermes report forecasts bleak Q4 for Dubai developer, Union Properties and Dubai Islamic Bank.

read more »

Emaar gears up for Indian IPO

Dubai developer looking to raise up to $1.5bn in February Emaar MGF Land share sale, sources say.

read more »

Emaar awards Jeddah Gate contracts

Two firms have been handed infrastructure deals for Emaar Middle East's flagship project.

read more »

Burj Dubai now towers 600m

Iconic mega-structure continues to solidify position as tallest structure in the world, Emaar says.

read more »

Arab Health returns for record show

The figures for the Middle East's leading healthcare event speak for themselves. Breaking all records for past years, the 2008 edition of Arab Health Exhibition will showcase more than 2200 exhibitors representing over 65 countries and is expected to attract more than 50,000 healthcare professionals from all over the world.

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Review of the year 2007

A year is a long time in construction, and a long time in publishing. Construction Week takes a look back over an eventful 12 months.

read more »

Burj Dubai mall opens its doors

Phase one of Souk Al-Bahar launches in $20bn development with 50% of retailers to open by year-end.

read more »

Emaar in joint venture with UK utilities provider

Dubai developer sets up Emaar Utilities to provide support on domestic projects.

read more »

Emaar's Karachi homes up for grabs

Emaar Pakistan begins sales registration for apartments in multi-billion dollar Crescent Bay project.

read more »

Ban cars, restrict water – go green

Don't boil the frog, but GCC countries should start ramping up their green initiatives now argues David Westley.

read more »

Prime properties

Barwa's Ajman Corniche Residence is set to be a major landmark on the Ajman coastline and the residences are selling out fast.

read more »

Call of the wild

While the countries of Africa are geographically diverse enough to boast a multitude of sellingpoints, many of them share an underdeveloped hotel market. But as Chris Jackson discovers, there are plenty of opportunities for growth and investment just waiting to be capitalized.

read more »

Emaar leases land for Saudi Total plant

Venture between Total and Saudi's Al-Zahid Group to build lubricants plant at KAEC industrial zone.

read more »

Dubai’s drive to reach out

Rich Pickings wouldn't be the same without a generous donation to charity and no one can quite top the generous US$463.8m HH Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, donated to charity last month.

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Emaar unveils Bay La Sun tower

Dubai developer begins sale of Red Sea residential units in Saudi Arabia's King Abdullah Economic City.

read more »

Construction is building up steam in the kingdom

With constant economic growth and increasing globalisation, Saudi Arabia has realised the need to invest in its infrastructure and transport facilites. Conrad Egbert takes a look at a country where construction is booming.

read more »

Gulf construction projects top $2.4tn

BIG 5: Saudi Arabia and UAE spearhead construction boom as countries look to look reduce reliance on oil.

read more »

Pakistan unrest deterring investment

Construction companies claim confidence has been shaken by political turmoil in the troubled country.

read more »

Industry at risk from inflation

Inflation one of biggest threats to region's construction sector, says Emaar's director of construction.

read more »

Emaar denies delay to $11.2bn Saudi development

Property giant claims Jeddah Hills project not 'on hold', plans still in progress.

read more »

Emaar likely to list in Dubai and London

Property developer looks to tap into international and Arab wealth with multiple listings.

read more »

Building for a green future

Claire Ferris-Lay talks to Hyder Consulting about how they build eco-friendly design into buildings, central to Dubai's green strategy..

read more »

Wave tower

A-cero's flower in the desert.

read more »

Moorish details

Wilson Associates brings a Moroccan touch to Old Town Dubai in the newly launched Palace hotel.

read more »

Tower of London

Emaar is preparing to list in London. Chairman Mohammed Alabbar tells Arabian Business why.

read more »

Jeddah Hills on hold for Emaar

Saudi joint venture stalls after problems getting necessary permissions for the $11bn project.

read more »

Workers are back after strike ends

Arabtec Construction workers were back on site last Saturday after their strike - which lasted almost two weeks - came to an end.

read more »

Emaar: Financial Dominance

UAE property giant currently ranks in the Financial Times Global 500 firms.

read more »

Emaar's $100bn Global Property Portfolio

UAE property giant is in 17 countries with a property portfolio worth $100 million.

read more »

Emaar plans $40bn London listing

WORLD EXCLUSIVE: Dubai property giant Emaar plans to float on London Stock Exchange next year.

read more »

Strike disruptions delay Arabtec projects

Burj Dubai contractor fears key projects may miss completion dates.

read more »

Burj builder Arabtec buys 60% of Target

Burj Dubai builder Arabtec says it has has acquired 60% of UAE construction firm.

read more »

Emaar launches Palm drive project in India

Emaar MGF launches Palm Drive, a residential property project in Gurgaon, Haryana.

read more »

Emaar chief urges firms to go global

MEDIA & MKTING 2007: Mohammed Alabbar says regional companies in the Middle East should take on the world in business now

read more »

First phase of Gate is unveiled

Emaar Middle East has unveiled the first phase of its US $1.6 billion (SR6 billion) Jeddah Gate project in Saudi Arabia.

read more »

Burj Dubai protest enters ninth day

Labourers working at world's tallest building refuse to go back to work unless pay demands are met.

read more »

Kuwait Burj-beater plans get green light

Municipal Council approves drawings for City of Silk development, including 1,001-metre Burj Mubarak Al-Kabir.

read more »

Emaar expects to halt profit slide

Dubai developer says Q4 profit will be similar to previous quarter, does not expect further losses.

read more »

Flush out the problems

Martin Saker, limnologist in Emaar's facilities management department, explains the problems and solutions associated with artificial lakes.

read more »

Emaar gets Morocco CEO

Emaar Properties has appointed Yves Delmar as CEO of Emaar Morocco.

read more »

Turkish delight

Turkey's burgeoning real estate market is starting to attract international developers encouraged by changes in legislation.

read more »

Armani Residences revealed

EXCLUSIVE: First pictures of sumptuous interior of Burj Dubai apartments designed by Giorgio Armani.

read more »

Emaar to overhaul service charges

Consultant Olive-VFM brought in to deliver universal service charge model for residential developments.

read more »

Emaar promises more land deals

There will be more projects and we will make announcements about them at the time, official says.

read more »

Emaar wears Armani at Burj Dubai

Property developer reveals first residential designs by Italian fashion icon in the world's tallest building.

read more »

CW special report: Developers

A focus on the companies steering real estate development in the Middle East.

read more »

Emaar-Bawadi deal

Emaar Properties has formed a joint venture with Tatweer's Bawadi to develop a US $16 billion (AED60 billion) project as part of Bawadi's massive hospitality development in Dubailand.

read more »

Canal desires

A waterway from Dubai to Fujeirah has been a dream for generations. Perhaps its time has come.

read more »

Emaar doubles Dubai land with $16bn deal

Real estate giant replaces scrapped land-for-shares deal with 70mn sq ft Bawadi joint venture.

read more »

Burj Dubai nearly at its peak

The 'topping out' of the Burj Dubai is expected to take place at the end of October.

read more »

Emaar profit drops for first time in three years

Expansion abroad drives up costs for Dubai property giant as income falls 2.8% in Q3.

read more »

Rise in raw material costs hits sector

CITYSCAPE: Cost of raw materials one of the major challenges for region's real estate industry, Emaar says.

read more »

Welcome to the greatest show on earth

Dubai is redefining real estate development for the world and Cityscape gives you a glimpse into the future.

read more »

Keep on building

Arabian Property selects the property projects shaping the future of real estate throughout the Gulf and the Middle East.

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Deadline is imminent for CW award nominations

There are just over two weeks left to get your entries in for the 2007 Construction Week Awards.

read more »

Malaysian firm to cap Burj Dubai

Samsung awards Eversendai $14.7mn contract to construct spire at top of world's tallest building.

read more »

KAEC welcomes Bay La Sun Village

Emaar EC, the developer of Saudi Arabia's King Abdullah Economic City in North Jeddah has opened its first integrated community, the Bay La Sun Village.

read more »

Emaar help world’s children in need

Emaar Properties PJSC has contributed US $6.9 million (AED25 million) to the Dubai Cares initiative, which has been set up by HH Sheikh Maktoum bin Rashid Al Maktoum, UAE vice president and ruler of Dubai, to help needy children around the world get primary educa

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Saudi Binladen Group on the road to KAEC success

Saudi Binladen Group has won a US $34.5 million (SAR 129 million) roadworks contract from Emaar's Economic City (EC) as part of the King Abdullah Economic City (KAEC) development in Saudi Arabia.

read more »

Good sub-contractors become hard to find

The UAE construction industry is facing a critical shortage of qualified and reliable sub-contractors due to too much work, tight deadlines and makeshift sub-contractors, according to industry experts.

read more »

Emaar places order for penguins from Peru

Aquarium and Discovery centre at Dubai Mall on target for completion next Summer.

read more »

Emaar wins colossal $20bn Algeria development

Developer to build four projects around Algiers in country's largest ever property deal.

read more »

Feeding the masses

Hotel catering is entering a new era, as innovations increase productivity, new facilities up the ante on catering en masse, and events departments push the boundaries of outside catering. Sarah Campbell reports.

read more »

All eyes on India

Property developers world-wide are increasingly entering the country's enticing real estate market.

read more »

Between the bridges

Wilson Associates has ensured Abu Dhabi's Shangri-La is an elegant resort hotel retaining essence of Arabia.

read more »

Facing change

Innovative materials and global initiatives are transforming the skyline in Dubai.

read more »

Emaar to tout global portfolio

Dubai property giant will use Cityscape to market projects launched in 16 countries over past 24 months.

read more »

Emaar Malls to open ‘social souk’

Emaar Malls Group LLC will open the Souk Al Bahar in Downtown Burj Dubai this December.

read more »

Arabtec stretched to the limit

UAE firm says Meydan racecourse deal taken up last remaining resources, no new jobs for next six months.

read more »

Emaar launches Claren at Burj Dubai

Emaar Properties has launched Claren at Downtown Burj Dubai.

read more »

Al Saad wins contract at Emaar’s KAEC

Al Saad General Construction has been awarded a US $28 million (SAR106million) from Emaar Economic City to build a management and services complex at King Abdullah Economic City (KAEC).

read more »

A whole new world

AT Kearney is one of the globe's oldest consulting firms. Claire Ferris-Lay talks innovation and sustainability with the key men in the Middle East.

read more »

Money clinic

Buying a piece of the Dubai dream is now easier than ever for expatriates. Our step-by-step guide to mortgages.

read more »

Sports venues put cities on the map

It seems appropriate that a world-class venue is now being built to host Dubai World Cup.

read more »

Emaar names Dubai chief

Property developer appoints executive from US John Laing Homes unit as CEO for Dubai operations.

read more »

Samsung lines up next tower megaproject

South Korean firm looking to build new tower in region that will top the Burj Dubai.

read more »

Burj Dubai breaks new records

Dubai skyscraper surpasses Toronto's CN Tower as tallest free-standing structure in the world.

read more »

Emaar refutes Saudi firm's claims

Dubai developer says it has not breached any contract or law in relation to joint venture with Jadawel.

read more »

Emaar Saudi sells out first homes

All homes sold in first phase of residential areas of Saudi Red Sea coast development Bay La Sun village.

read more »

Emaar stock hit by Saudi JV claim

Shares fell yesterday following report that Saudi firm is seeking $1.2bn compensation from developer.

read more »

KAEC contracts announced

Emaar, The Economic City has signed a series of contracts for the provision of power and wastewater services at King Abdullah Economic City (KAEC).

read more »

Emaar Launches Tower 2 at 29

Following a strong investor response to the recent launch of Tower 1 of 29, Burj Dubai Blvd, Emaar Properties has launched the project's second tower.

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Homegrown success boosts regional reach

Christopher Sell meets Omar Ayesh from developer giant, Tameer.

read more »

Emaar plans major Morocco investment

Emaar Properties is planning to invest around US $7 billion (MAD57.6 billion) in Morocco's real estate, tourism and entertainment sectors by 2010, according to reports.

read more »

Emaar tycoon lands in North Korea

Mohamed Alabbar flies private plane to communist state prompting speculation about investment plans.

read more »

Escrow account law unnecessary, says Hiranandani

The managing director of Hircon International, Darshan Hiranandani has criticised the newly introduced escrow account law, describing it as an unnecessary extra cost.

read more »

Emaar sells first Saudi homes

Residential units in Saudi Arabia's $26bn King Abdullah Economic City are to go on sale Saturday.

read more »

Merger mania

A look at the past, present and future of the mergers and acquisitions phenomenon that has swept the globe in 2007.

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Moody's, S&P maintain Emaar rating

Agencies will not downgrade developer, despite cancellation of land-for-shares deal.

read more »

Emaar shares make biggest gains in 15 months

Dubai developer's stock price recovers on news it has dropped share-swap deal.

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Emaar drops share-swap deal

Developer says plan to acquire Dubai govt. land in exchange for stock would not be in shareholder interests.

read more »

The Arab business world's ICT opportunity

How the Arab world needs to grasp communications and technology to take its place at the table of leading nations.

read more »

Global market mayhem

Arabian Business talks to financial specialists to see where the markets are heading.

read more »

Emaar S&P rating rests on govt deal

Developer's credit rating could be reassessed if land for shares deal with Dubai govt falls through.

read more »

Emaar shares hit new low

UAE developer's stock price drops below 10 dirhams as it warns US unit will be hit by growing credit crisis.

read more »

Emaar US unit hit by subprime crisis

Dubai firm says third quarter results at its US unit will be below earlier forecasts.

read more »

Emaar launches second Burj Dubai Blvd tower

Project part of UAE property giant's $20bn Downtown Burj Dubai development.

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Emaar shares plummet to two-year low

The region's largest property developer see share price tumble as foreign investors dump Gulf Arab stocks.

read more »

Besix-Arabtec secure Burj plots

Belgian-UAE joint venture wins $141mn contract to construct two high-rise towers at Downtown Burj Dubai.

read more »

Who would be a bachelor boy?

Uncertainty over UAE property laws has real estate agents calling for clarification.

read more »

Leading the way

Amlak's new CEO on why he's ready for the challenges facing the Islamic home finance firm.

read more »

Hyder consulting presenting Burj Dubai to the world

Hyder Consulting, the award-winning engineering, environmental, planning and management consultancy, has given academics and business leaders in New York a unique insight into how Dubai has become "the fastest growing city in the world", its ambitions and the policies that are driving it.

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Burj set for steel switch

The Burj Dubai will take a further step forward in the next few months as construction will begin on the steel structure of the tower.

read more »

Fire fighting

With the Middle East region developing some of the tallest buildings in the world, Becca Wilson reports on the fire safety measures both developers and FM's should be thinking about.

read more »

Arabian Bemco wins KAEC turbine deal

Arabian Bemco is to install an open cycle gas turbine power plant at the King Abdullah Economic City.

read more »

Alabbar and Morgan headline AB event

Emaar chairman and former Daily Mirror editor to speak at Arabian Business media conference.

read more »

Desalination deal awarded for Saudi Economic City

Plant will produce around 70,000 cubic metres of water per day to cover first phase of development.

read more »

The lure of foreign shores: developers look to new markets

An emerging trend among developers in the Middle East is to look further afield for project opportunities. Conrad Egbert explores the reasons why many companies are choosing to focus their attention elsewhere.

read more »

Redesign rumours slammed

Marwan Al Qamzi, managing director, Palm Jebel Ali, dispels rumours of any redesign on Nakheel's second offshore island.

read more »

View to a thrill

Arabian Business scales Burj Dubai's full height, and takes photographs from the highest point of any structure on the planet.

read more »

Marina Plaza unveiled

Development to offer commercial space in Dubai Marina.

read more »

Burj Dubai plans New Year's Eve launch

EXCLUSIVE: World's tallest set to open in style next year with glitzy New Year's Eve bash.

read more »

Stretching the limits of market maturity

Arabian Business reports on Dubai's astonishing real estate story, and asks whether the sector's record growth can continue in the long term.

read more »

Don’t turn your back on these summer surprises

The 40 degree heat and 70% humidity of a Dubai in July is not for me.

read more »

New road to the Burj

Emaar Properties has opened a new access road to its Downtown Burj Dubai development.

read more »

RTA inks Emaar partnership deal

Dubai's Roads & Transport Authority has signed a partnership agreement with Emaar Properties to formalise existing ties.

read more »

Women focus of new Emaar Healthcare centres

Group signs deal with Dubai's Amanah Capital to bring specialist hospitals for women and children to Abu Dhabi.

read more »

Multiplex: highs and lows Down Under

Each week Arabian Business turns the spotlight on a leading company.

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Chris O'Donnell: Mister Palm

Curiosity over how constructing an artificial island is done was one reason Nakheel's CEO left Australia for Dubai.

read more »

Emaar shows profits

Emaar Properties has recorded half-yearly net profits of US $893 million (AED 3.279 billion), an increase of 7% over half-year 2006 profits.

read more »

Burj overtakes Taipai

The Burj Dubai will become the world's tallest tower on Saturday 21 July.

read more »

Still booming

Boom or bust? The region's property CEOs tell us why the current boom is self-sustaining.

read more »

Dubai: a city on a high

The Burj Dubai represents much more than being the tallest building in the world. It is a serious statement of intent.

read more »

Interesting facts

Did you know the tip of Burj will be visible up to 95 kilometres away...

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Rising from the smog

Will the spectacular views offered from a kilometre high building be spoilt by a thickening veil of construction dust?

read more »

Burj Dubai skyscraper soars into record books

The Burj Dubai has overtaken Taipei 101 to become the tallest building in the world.

read more »

Emaar misses Q2 profit forecasts

Property giant moving ahead with stake sale to Dubai government as rising costs, lower land sales hit profits.

read more »

The mortgage marketplace

How to apply for a mortgage that can unlock the door to your dream home in Dubai.

read more »

The rebirth of a nation

Syria's hotel industry has had a rough time over the past few years but has recently given the future its full attention.

read more »

Emaar ratings may prompt bonds sale

The Dubai property giant's first credit ratings could be precurser to bonds sale as it looks to fund expansion.

read more »

Commercial tower for Dubai Marina

Emaar Properties has unveiled its Marina Plaza, scheduled for completion in 2009.

read more »

Light my fire

World-renowned architectural lighting designers Jonathan Speirs and Mark Major discuss the challenges of working in the Middle East.

read more »

The giant is awake...and moving ahead

It is the largest country on the Arabian Peninsula and one of the richest countries in the world with a GDP of US$351bn in 2006.

read more »

Emaar Misr redevelops birthplace of Pyramids

Developer is to build a $2.1bn community in the hills where Great Pyramids of Giza stones were quarried.

read more »

Limitless claims stake in Far East

The Dubai-based global developer makes its mark in Asia with opening of a regional HQ in Singapore.

read more »

Emaar to build $2.1bn township in Cairo

Plans include construction of business park, sports and leisure facilities and residential communities.

read more »

Smart thinking

New FM consultancy firm, Smart Life, aims to put Kuwait in the FM spotlight.

read more »

Research revealed

As new research delves deep into the total facilities management market, facilities management Middle East asks industry professionals what they think of the findings.

read more »

Fashioning a fortune

Katia Al Awwad examines the bright future of high-end retailing across the Middle East.

read more »

Why the Mideast has an eye on Shanghai

Property investors are increasingly building homes, and tapping the capital markets, in Asia.

read more »

DM set to build four firefighting centres

Dubai Municipality is undertaking a US $13.3 million (AED49 million) project to construct four civil defence centres in the city.

read more »

Qatar, Libya set up joint projects

Boosted relations could see a joint investment fund, bank and property development firm.

read more »

Emaar set to capitalise on Libya

Med coast project will be the Dubai property developer's largest global project by size.

read more »

Bright ideas

Melissa Hancock speaks to GE's Middle East CEO Nabil Habayeb, on the company's strategy for the Gulf region.

read more »

Worker dies after fall on Burj Dubai

A construction worker was killed on the Burj Dubai site last week after falling from the climb form.

read more »

Imdaad phased out of the Burj

Facilities management company Imdaad, formerly known as Serco Gulf, is being ‘phased out' of the Burj Dubai project, Construction Week has learned.

read more »

Maintaining credibility is key

Ahmad Etman, managing partner, Al Sahel Contracting Company, talks to Christopher Sell about the importance of reputation.

read more »

Torch Tower sets record in face of permit delays

After nearly 12 months of waiting for its building permit, a record-breaking concrete pour on Torch Tower's raft has just been completed. Christopher Sell reports from the base of what will be the 10th tallest building in Dubai.

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Boulevard Central 2 in the works

Emaar Properties has added the Boulevard Central 2, to the Burj Dubai mega development.

read more »

Building on shaky grounds? A look at Turkey’s recent housing boom

After years of stagnation, the construction sector of Turkey has found a new sense of optimism, allowing it to post record growth rates in two successive years.

read more »

At the bottom of the Burj

As the Burj Dubai gets taller, it's easy to forget those still working on the lower parts of the structure.

read more »

A new palace in the ‘old town’

The general manager of The Palace hotel in The Old Town tells us what to expect from his property.

read more »

Burj towers second tallest in world

At 468.1m high, Dubai's iconic skyscraper is just a few metres short of Taiwan's Taipei 101.

read more »

Alabbar calls on Business Council to exit WEF

Business Council has 'lost relevance', says Emaar chairman.

read more »

Key will be managing risk as project complexity increases

Bassam Samman, CEO, CMCS, talks to Conrad Egbert about the growing need for project and risk management solutions on construction projects, as an increasing number of variables present themselves to the parties involved in the procurement process.

read more »

Jordan resort unveiled

A model of the Samarah Dead Sea Golf and Beach Resort, a US $500 million (JOD354 million) mixed-use development by The Dead Sea Touristic and Real Estate Investment Company - formed by Emaar Properties and several regional investors - was unveiled on the sidelines of the World Economic Forum in Jordan last week.

read more »

Services: get in early to avoid disappointment

Facilities Management remains a fledgling concept in the regional construction industry. But, as Christopher Sell reports, efforts to champion its cause from the early stages of a construction project have led to some major deals being signed in the UAE.

read more »

Royal Gulf collects fan coil deal on Burj Dubai

Royal Gulf has won a contract to supply more than 4,000 fan coil units to Emaar Properties' Burj Dubai.

read more »

Emaar to seek 70% of revenue abroad

The property giant says that by 2010 the majority of its projects will be outside Dubai.

read more »

Southern Sun shines in Middle East

South Africa's largest hotel company Southern Sun has revealed aggressive plans to roll out properties across the region.

read more »

Jordan's Dead Sea comes to life

Jordan's Dead Sea coast has become a popular choice for conference organisers

read more »

Knowing your rights

Dubai homeowners are slowly making moves to consolidate with the new UAE owner's association law set to be passed.

read more »

Dilmun rising

Why the Bahrain Business Bay will confirm Bahrain as the most sought-after property market.

read more »

Emaar Healthcare to launch 'centres of excellence'

The new deal will see private sector play a bigger part in expanding UAE's healthcare system.

read more »

WEF special: Emaar launches its largest Jordan project

Emaar International unveils its US$500m Samarah Dead Sea Golf and Beach resort.

read more »

Theory of the kitchen

Spatial layouts, evolving technology and an increase in sociability have all affected contemporary kitchen design.

read more »

What now for Amlak?

Rivalry and resignations have forced Amlak Finance to make some tough decisions.

read more »

The greatest show on earth

Dubailand CEO Mohammed Alhabbai tells Andrew White why he's having the time of his life.

read more »

Brand builder

Hermann Behrens has made Enterprise IG one of the world's top branding consultants. Tamara Walid reports.

read more »

Coordination brings completion for Palace

Christopher Sell weaves between the various developments to see The Palace hotel on Old Town Island, as it nears completion, to understand how the construction team has dealt with site access, utilities and water.

read more »

Emaar delays news of land deal

Statement about the shares-for-land deal with Dubai Holding is postponed for as long as two months.

read more »

Emaar signs KSA 'mega project' deal

A $131.7m deal will see four residential towers at King Abdullah Economic City erected in 16 months.

read more »

Emaar surges on Dubai Holding speculation

Emaar Properties shares surge 6% as Abu Dhabi closes at highest in 6 months.

read more »

We've built it, but will they come?

Why high-concept advertising and impressive plastic models may no longer be enough to attract investors.

read more »

Time for dynamic architecture?

Dubai's rotating Time Residences: a new concept in design, or is it all just a gimmick?

read more »

Emaar to enveil new tower

The first of two Boulevard Plaza towers in the Burj Dubai district is set to launch this Sunday.

read more »

Downtown Dubai meets the Arabian Nights

While construction on the Burj Dubai continues, other projects within Emaar's development are nearing completion this summer. While currently still under-construction, the opening of Sofitel's The Palace, The Old Town is scheduled to open on September 1st.

read more »

Emaar moves into Indonesia

Emaar Properties is developing a US $600 million (AED2.2 billion) mixed-use project in Indonesia's Central Lombok Island.

read more »

Doka SKE 100s bring Burj core finish closer

Last month, the reinforced concrete construction of the Burj Dubai had reached two thirds of its final height.

read more »

Lighting the way

With the rise of equality in the region an increasing number of women executives are finding their way to the forefront of their fields.

read more »

Buy into the dream

I had a rather silly idea last week - to buy an apartment in the iconic Burj Dubai, soon to be the world's tallest building.

read more »

Emaar plans Indonesia leisure project

Overseas expansion will pause after the multi-billion dollar development on Lombok island.

read more »

Import reliance creates producer niche

Building materials suppliers face a constant battle with price fluctuations, supply and demand.

read more »

Emaar grows empire in Egypt

Two projects valued at $1.7bn keep property giant on track for global domination.

read more »

Emaar's Q1 revenue and profit soars

But the Dubai property giant misses forecasts given by analysts polled by Reuters.

read more »

Revealed: Gulf's most admired companies

Arabian Business has published its '50 Most Admired' list of regional companies.

read more »

Emaar Properties finally gets its marketing man

Former Aujan Industries boss Alex Andarakis has finally joined property giant Emaar, to oversee the company's international marketing strategy.

read more »

Burj Dubai is expected to break the concrete record

The Burj Dubai - set to be the world's tallest building - will break the world record for the highest vertical distance of pumped concrete within the next few months, according to developer Emaar Properties.

read more »

Saudi Emaar says attracts industrial zone investors

Emaar Economic City says it has attracted investor interest to build on almost 10% of the industrial zone of its $26.7bn project.

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Samsung wins Palm bridge job

Samsung Corporation, the trading and construction arm of South Korea's largest industrial group, has won a US $350 million (AED1.2 billion) contract to build a bridge to Nakheel's Palm Jebel Ali.

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Emaar division gets dynamic with MS

Dubai-based Emaar Industries and Investments (EII) is deploying an enterprise resource planning (ERP ) system from Microsoft to help support growth in its business.

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Emaar in talks on Med coast project

Dubai's property giant is in talks with the Egyptian government on a large leisure development.

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Gulf market report - 9 April 2007

The DFM's winning streak was cut short today as the market closed at a loss.

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Emaar offers more shares to rights issue investors

Construction giant approaches investors who requested extra shares in 2005.

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Burj Dubai sets world record

At 120 storeys high, with 46 to go, Emaar's tower now has more floors than any other building in the world.

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Emaar Properties: building the future

Each week Arabian Business turns the spotlight on one of the region's leading companies.

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Emirates Road to be expanded to 12 lanes

Dubai Roads and Transport Authority has confirmed that Emirates Road will get an additional three lanes in both directions.

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Uncertainty drags down Emaar shares

Details of Dubai Holdings' deal to acquire Emaar Properties stock in return for land are still not released.

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ABN Amro takes a MINI adventure

The investment bank launches exchange-traded MINI Futures in Europe based on UAE stocks.

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Date is set for Burj cladding

Cladding for Emaar Properties' Burj Dubai is due to arrive in the UAE from China in May.

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Emaar appoints Saudi MD

The Board of Directors of Emaar, The Economic City, has appointed Dr Abdulraouf M. Mannaa as the firm's managing director from the beginning of April.

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Burj Dubai set to get all clad up

Cladding work on the world's tallest tower will begin in June.

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Emaar Misr appeals stock listing denial

The Egypt joint-venture has been banned from listing for failing to submit financial results.

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Emaar to hold 55% more land in Dubai

Dubai's government has taken a majority stake in Emaar Properties, the largest Arab real estate developer by market value, by exchanging land for US$7.6bn worth of stock.

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Emaar rolls out shares for land

Emaar Properties has announced plans to issue a convertible bond to government-owned Dubai Holding to pay for land that would double its land bank in the emirate.

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Is Emaar’s land deal good for shareholders?

We've done the maths, so you don't have to.

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Emaar's Dubai land bank to double

The property giant will issue a convertible bond to Dubai Holding to pay for land in a 'prime location in the city of Dubai'.

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Statement by Emaar Properties on share offer to Dubai Holding.

Full text of a statement made to the Dubai Financial Market today.

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Emaar to hold 55% more land in Dubai

Dubai Holding deal could boost Emaar's UAE land bank to $12.9bn, say analysts.

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Banking on Emaar's land bank

Shareholders crave further details of the proposed 'partnership' with Dubai Holding.

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Emaar sets March 20 as stock purchase dividend deadline

Only investors who have bought shares up to March 20 would be entitled to the 20% cash dividend for 2006.

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Dubai giants enter landmark partnership

Emaar will issue 2.364 billion new shares to Dubai Holding.

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Power List revealed

Arabian Business has published this year's list of the world's 100 most influential Arabs.

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Emaar restructures equity

Emaar Properties has revealed a new equity structure, which will facilitate the company's diversification into six new business segments - retail, education, healthcare, finance, industry and hospitality and leisure.

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Madaares set to buy UK schools operator

The Dubai-based US$136m company is in "advanced talks" to acquire a leading schools operator.

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Emaar buys out Egypt partner

UAE property giant buys out regional partner Emaar Misr for an undisclosed fee.

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Emaar shares plunge following AGM

Shareholder anger at low dividend prompts a 5.12% fall in share price - 2pm update.

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Reluctant Emaar shareholders agree 20% dividend

A lower than expected cash dividend prompted angry scenes at the Dubai property giant's AGM.

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Emaar to propose dividend at AGM

The Dubai property giant says it will propose and approve a dividend at today's meeting.

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Emaar pushes for Emiratisation

Local developer Emaar focuses on Emiratisation at the Careers UAE 2007 Exhibition.

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Basic manners boost business success

Customer service and communication is vital to a facilities management success story.

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Emaar makes move for Singapore retail giant

Emaar Properties and India's MGF group have launched a voluntary conditional cash offer for retailer RSH.

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Emaar unveils Alma

Emaar Properties has unveiled Alma, a cluster of lakefront townhomes, located centrally within its Arabian Ranches residential development.

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Real estate sideline plan for Prime Travel

An innovative Dubai-based travel agency has started selling overseas real estate to clients who like the holiday so much they want to buy the villa.

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Sourcing Dubai’s recycling

Experts agree that recycling at source provides higher quality recyclables.

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Emaar a strong buy, says analyst

Property giant's income will soon be boosted by revenue from overseas operations.

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Emaar to propose dividend at AGM

The Dubai property giant may propose and approve a dividend at the March 11 meeting.

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Recycled solution enters hoarding sector

Innovations in the fencing and site-hoarding market are moving towards the use of recycled plastic for building perimeters. Christopher Sell reports on the rise of a new competitor in the steel-led Dubai market.

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Emaar to restructure Egypt operation

The Dubai property giant is in talks to restructure its joint venture in Egypt.

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KSA's Economic City calls in MIT geeks

America's preeminent technology institute will ensure Red Sea city is fully wired.

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Emaar says no Arab Bank deal

After a numerous misleading reports, UAE’s leading property developer, clarified it was not entering any deals with Jordan’s Arab Bank.

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Abu Dhabi F1 has costly berth

Let’s get ready to roll — as exclusively revealed in Arabian Business two weeks ago, the Formula One circus is coming to Abu Dhabi, with the first race scheduled for around October 2009.

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Super tall: it's what's inside that counts

Building tall structures is not just about creating the right image, writes Christopher Sell.

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World Central phase one gets off ground

Construction has started on Dubai World Central, which will include the largest airport in the world.

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Emaar profits soar by 35% as firm shows 2006 strength

International expansion and global acquisitions increase profit by 35% in 2006.

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Emaar insists Burj Tower is on track

Property developer says that delays currently affecting project will be caught up.

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Emaar's era of Emiratisation

The property giant, keen to employ UAE nationals, is breaking away from the 'expat only' mould in senior facilities management roles.

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Arabic Press Review 30/01/07 – Business news seen through local eyes

The media-friendly ‘du' - the UAE's new telecoms operator - accounts for more than its fair share of column inches in today's UAE Arabic press.

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Shock resignation of Aujan boss

Alex Andarakis, CEO of drinks giant Aujan, is expected to quit today before taking up a post at Emaar.

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Formwork techniques in race to keep time

Novel formwork techniques are emerging throughout the emirate, as contractors across the region strive to keep their projects within deadline. Christopher Sell casts his eye over the city to see who is doing what to keep ahead of the chasing pack.

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Burj Dubai will rise to 166 storeys

ArabianBusiness.com can exclusively reveal the proposed height of what will be the world's tallest tower.

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Fight brews over Parallel Roads

Plans to slice the East and West Parallel Roads through the Springs and Meadows have been met with defiance by local homeowners. Conrad Egbert reports on how the residents committee is proposing an alternative route for the East Parallel scheme to lessen the impact on 6,000 families.

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A tall storey as Burj hits 100

Dubai's tower, still under construction with 100 floors now built, is already the 14th-tallest in the world.

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Emaar looks abroad

Emaar Properties says that it has projects worth US$79.8bn of which USD$60bn were from outside the UAE and that it may consider listings in India and Egypt to raise needed finance for projects.

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Emaar uses Hamptons name for its property services

Emaar Properties has brought its property management services portfolio under the Hamptons International brand, which will now handle product sales, letting and advisory services for Emaar and non-Emaar properties internationally.

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Servicing the largest mall in the world

In a city that loves to shop, residents are eagerly awaiting the completion of the Dubai Mall. As the first areas are handed over for tenant fit-out, Alison Luke visits the site to find out how this entertainment giant is being serviced.

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Emaar builds to market

Emaar is building a presentation centre to market its US $3.3 billion (AED12.1 billion) Umm Al Quwain Marina development

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Emaar plans US $5bn spend on healthcare

Emaar Properties is to invest US $5 billion (AED18.35 billion) on the construction of hospitals, clinics and medical centres across the Middle East, North Africa and South Asia, over the next 10 years

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Reaching for the sky

The Burj Dubai is already one of the city’s biggest landmarks and set to be the tallest building in the world, its construction is being eagerly watched. Alison Luke finds out how MEP services will meet the challenge of the spiralling tower.

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Ice cold conditioning

The need to meet cooling demands in an energy efficient way is yet more vital with the increasing scale of projects in the Middle East. Baltimore Aircoil International marketing manager Georges Hoeterickx explains to MEP Middle East an icy method that is being installed at the Burj Dubai Developmnent.

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Shopping services

In a city that loves to shop, residents are eagerly awaiting the completion of the Dubai Mall. As the first areas are handed over for tenant fit-out, Alison Luke finds out how this entertainment giant is being serviced.

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Top seven in 07

What will be the key spa trends this year? Leisure Manager talks to spa experts from around the Middle East and gets their predictions for what will be the seven biggest trends in 2007

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IPO frenzy to continue despite challenges

GCC firms’ appetite to go public is still strong despite market volatility, however companies need to remain aware that launching an IPO “remains challenging”, according to an industry study.

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Best in business

Held under the patronage of HH Sheikh Mohammed Bin Zayed Al Nahyan and attended by HH Sheikh Hamed Bin Zayed Al Nahyan at a glittering event at the Emirates Palace in Abu Dhabi, the top achievers of the year were honoured at the Arabian Business Achievement Awards 2006.

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Emaar scores another award

Emaar Properties has won the ‘Property Company of the Year’ at the Arabian Business Awards 2006

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A second chance

Overseas property buyers, looking for a safe haven in Dubai, are on the upsurge. Alexandra Dubsky reports on the growing number of foreign buyers.

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Culligan wins Burj Dubai water contract

Culligan International (Emirates) has won a contract to supply water treatment products for the Burj Dubai following a global competitive tender competition.

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Emaar Al-Medina

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The Lam Tara Towers

A twin-tower mixed-use development on Sheikh Zayed Road opposite the Burj Dubai plot was launched last month by Bin Manana Investment Group.

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Reach the sky

wa international opts for bygone glamour in its art deco inspired design of The Sky Bar.

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Emaar makes appointment

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Where will the next vision be built?

Across the Middle East, architectural model-makers are today applying the finishing touches to displays that will fill the halls of the Dubai International Exhibition Centre when the Cityscape circus rolls into town next week.

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Emaar scores high for Libya development project

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Emaar signs Libya Mou

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Burj beauties reflect tower

Miss Belgium 2006 was in Dubai this week along with Miss Belgium 2005, both with a mutual desire to achieve world peace while wearing swimwear, evening dress and national costume.

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Burj Dubai is hit by curtain wall delays

Burj Dubai could miss December 2008 deadline as contractor battles cladding hold-up.

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Emaar in Jordan expansion programme

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Investors fear new falls as stocks slide

Alexandra Dubsky

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Morocco beckons

Morocco has forged close links with the Middle East. Melissa Hancock reports on the kingdom’s bold plans.

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Pushing forward

Push email is an application that is gaining traction in the Middle East region, and as it does, the market for smart devices is being proportionately impacted upon. Dylan Bowman looks at the trends helping to shape the market for push email services, and assesses how corporates are benefiting.

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Emaar expands Economic City with new masterplan

RSP redraws plans to increase project fourfold and deliver the largest seaport in the Middle East

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Shareholding firm approved

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Glass suppliers battle to keep up with the rocketing market

With local glass suppliers working flat out to meet burgeoning demand in the sector, the opportunity for market competition gives global firms at this year’s Big 5 a chance to take a slice of the action. Christopher Sell reports on the strong local players and their international competitors.

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Voltas wins third Bahrain contract

Voltas has been awarded a US$106 million (BD40 million) electro-mechanical contract for work on Bahrain City Centre.

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Early days

The pace of development in the Middle East has been explosive and FM needs to keep pace, says Mick Dalton, chairman of BIFM.

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Emaar’s CCC smartens FM

Smart maintenance enters Middle East with first Control Command Centre

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Burj Dubai fit out contract

Depa Dubai has been awarded a contract worth around US $160 million (AED590 million) to fit out premises in the Burj Dubai.

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Emaar Financial Keeps On Running

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Onwards and upwards

Rather than slowing down, Dubai’s developers are continuing to dream up new projects, meaning more and more opportunities for investors. Hashim Al Dabal, CEO of Dubai Properties, reveals his multi-billion dollar plan to take one of Dubai’s largest developers forward

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