Emaar Properties - UAE

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Recent Articles

• Emaar stock down after closing Algerian office5 July 2009

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

• Moody's downgrades Dubai Holding amid merger talks30 June 2009

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

• Emaar stock slides for third trading day30 June 2009

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

• S&P affirms DHCOG’s ‘A’ rating. 29 June 2009

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

• Dubai Holding-Emaar merger deal raises questions29 June 2009

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

• Emaar stocks drop for second day29 June 2009

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

• Emaar in talks to protect shareholders amid merger move29 June 2009

  Property giant in discussions with Securities and Commodities Authority.

• New Emaar merger firm worth $52.8bn28 June 2009

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

• Emaar shares slump 10% on merger plan28 June 2009

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

• Emaar acquires Golden Ace debt21 June 2009

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

• Emaar moves to quell Saudi deal confusion16 June 2009

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

• UAE regulator asks Emaar for Saudi deal details15 June 2009

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

• Emaar, Kingdom shares drop after tallest tower denial15 June 2009

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

• Emaar denies tallest tower deal with Kingdom Holding14 June 2009

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

• Emaar shares jump 7% on back of tallest tower deal14 June 2009

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

• Emaar to develop Saudi billionaire's property plan13 June 2009

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

• Banking, property shares drive UAE higher11 June 2009

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

• Dubai index at 6-month closing high4 June 2009

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

• Dubai index closes at new 2009 high on back of Emaar3 June 2009

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

• Dubai, Abu Dhabi hit 24-week closing highs2 June 2009

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

• Banks, property push Dubai to higher close1 June 2009

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

• Dubai reaches 5-month closing high28 May 2009

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

• 1,000 special art pieces to grace Burj Dubai27 May 2009

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

• Emaar stars as Dubai index closes at 20-week high27 May 2009

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

• Nakheel offering up to 30% discounts on units 21 May 2009

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