Emaar Properties - UAE

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Recent Articles

• Saudi's SABIC tumbles to multi-year low; Dubai dips24 February 2009

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

• Dubai's index posts biggest one-day gain since Nov 1723 February 2009

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

• Emaar plunges, closes nearly 10% down22 February 2009

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

• Emaar fights the financial crunch21 February 2009

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

• Emaar's US-based subsidiary in Chapter 11 move20 February 2009

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

• Dubai posts biggest one-day gain in 3 months19 February 2009

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

• Property stocks lift Dubai, Abu Dhabi slips17 February 2009

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

• Oman, Qatar end up; UAE ends low on real estate stocks15 February 2009

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

• Emaar announces $1.5bn profit, down 15%12 February 2009

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

• Al Rajhi, SABIC lead Saudi index lower11 February 2009

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

• Property rally lifts Dubai, Abu Dhabi shares10 February 2009

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

• Dubai, Kuwait, Bahrain see red; Abu Dhabi, Qatar end up9 February 2009

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

• Emaar, Arabtec power Dubai to higher close8 February 2009

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

• Most Gulf Arab stock markets end up; Oman, Bahrain down4 February 2009

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

• Qatar, Bahrain end low; UAE real estate stocks hurt2 February 2009

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

• Emaar in talks with contractors1 February 2009

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

• Emaar sticks with accounting policy31 January 2009

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

• Watch new video of Burj Dubai29 January 2009

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

• UBS cuts target price on real estate giants28 January 2009

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

• Dubai property prices may fall 20% - Emaar chief26 January 2009

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

• All major Arab Gulf bourses end higher 25 January 2009

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

• Qatar ends 9-day losing streak; UAE markets end mixed22 January 2009

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

• Dubai ‘09 property demand to outweigh supply – report22 January 2009

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

• Dubai's Emaar Properties sets $4bn borrowing plan20 January 2009

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

• Bank downgrades profit forecast for Emaar19 January 2009

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