ArabianBusiness.com - Middle East Business News Sunday, 06 July 2008 | 02:54 UAE time

YOUR DIRECTORY /

Emaar Properties PJSC

Main Category: Real Estate - Office / Accommodation
First Address : PO Box 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.com


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ALL STORIES LIST


Restraint and tradition outclass cheap gimmicks

Architect David Fisher's rotating Dynamic Tower project has got me thinking about the state of the skyscraper in Dubai. Just where is this architectural frenzy to establish Dubai's character 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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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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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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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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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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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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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

The risks now appear to outweigh the rewards of buying off plan real estate in the Gulf, suggests Rob Corder.

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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.

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Emaar faces flat profit in 2008

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

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Gulf stocks rout 'temporary', says Emaar

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

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Emaar's US unit profits despite subprime crisis

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

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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

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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.

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Emaar earnings to drop

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

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Emaar gears up for Indian IPO

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

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Emaar awards Jeddah Gate contracts

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

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Burj Dubai now towers 600m

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

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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.

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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.

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Emaar in joint venture with UK utilities provider

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

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Emaar's Karachi homes up for grabs

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

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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.

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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.

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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.

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Emaar leases land for Saudi Total plant

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

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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.

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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.

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Gulf construction projects top $2.4tn

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

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Pakistan unrest deterring investment

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

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Industry at risk from inflation

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

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Emaar denies delay to $11.2bn Saudi development

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

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Emaar likely to list in Dubai and London

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

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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..

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Wave tower

A-cero's flower in the desert.

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Moorish details

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

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Tower of London

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

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Jeddah Hills on hold for Emaar

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

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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.

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Emaar: Financial Dominance

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

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Emaar's $100bn Global Property Portfolio

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

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Emaar plans $40bn London listing

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

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Strike disruptions delay Arabtec projects

Burj Dubai contractor fears key projects may miss completion dates.

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Burj builder Arabtec buys 60% of Target

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

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Emaar launches Palm drive project in India

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

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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

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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.

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Burj Dubai protest enters ninth day

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

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Kuwait Burj-beater plans get green light

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

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Emaar expects to halt profit slide

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

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Flush out the problems

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

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Emaar gets Morocco CEO

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

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Turkish delight

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

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Armani Residences revealed

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

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Emaar to overhaul service charges

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

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Emaar promises more land deals

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

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Emaar wears Armani at Burj Dubai

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

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CW special report: Developers

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

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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.

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Canal desires

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

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Emaar doubles Dubai land with $16bn deal

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

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Burj Dubai nearly at its peak

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

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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.

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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.

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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.

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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.

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Malaysian firm to cap Burj Dubai

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

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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.

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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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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.

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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.

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Emaar places order for penguins from Peru

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

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Emaar wins colossal $20bn Algeria development

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

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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.

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All eyes on India

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

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Facing change

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

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Between the bridges

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

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Emaar to tout global portfolio

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

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Emaar Malls to open ‘social souk’

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

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Arabtec stretched to the limit

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

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Emaar launches Claren at Burj Dubai

Emaar Properties has launched Claren at Downtown Burj Dubai.

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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).

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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.

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Money clinic

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

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Sports venues put cities on the map

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

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Emaar names Dubai chief

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

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Samsung lines up next tower megaproject

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

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Burj Dubai breaks new records

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

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Emaar refutes Saudi firm's claims

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

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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.

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Emaar stock hit by Saudi JV claim

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

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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).

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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.

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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.

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Emaar tycoon lands in North Korea

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

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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.

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Emaar sells first Saudi homes

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

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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.

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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.

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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.

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Global market mayhem

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

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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.

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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.

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Emaar US unit hit by subprime crisis

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

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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.

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Besix-Arabtec secure Burj plots

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

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Who would be a bachelor boy?

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

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Leading the way

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

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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.

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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.

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Arabian Bemco wins KAEC turbine deal

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

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Alabbar and Morgan headline AB event

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

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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.

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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.

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Redesign rumours slammed

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

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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.

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Marina Plaza unveiled

Development to offer commercial space in Dubai Marina.

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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.

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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.

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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.

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New road to the Burj

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

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RTA inks Emaar partnership deal

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

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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.

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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.

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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.

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Burj overtakes Taipai

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

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Still booming

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

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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?

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Burj Dubai skyscraper soars into record books

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

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Interesting facts

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

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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.

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Emaar misses Q2 profit forecasts

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

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The mortgage marketplace

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

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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.

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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.

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Commercial tower for Dubai Marina

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

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Light my fire

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

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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.

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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.

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