Emaar highlights importance of International Investor Conference in New York

Dubai, UAE, November 11, 2007:  Emaar Properties’  Director of Investor Relations today emphasized the benefits of the company’s participation in the Dubai Financial Market (DFM) International Investor Conference in New York, taking place from November 13-15, 2007.

“Emaar has seen an enormous growth in interest from institutional investors, especially foreign fund managers, during 2007,” said Arif Amiri, Director – Investor Relations, Corporate Governance and Business Development, Emaar Properties. “Events such as this help to raise the international profile of all DFM-listed stocks. Emaar has certainly seen the benefits of its investor relations commitment, with a more than 100 per cent increase in foreign institutional shareholders during 2007.

“The growth dynamics in Dubai, as well as a number of the other markets in which we operate, are very compelling. Given Emaar’s international expansion, we are an attractive investment to foreign fund managers looking for large-cap exposure to the Middle East and North Africa and Subcontinent regions. 

“We have presented at several international investor conferences this year, and our success is demonstrated by the diversification of our shareholder base and growing equity research coverage of our stock.”

With an active presence in 36 markets and six diversified business segments, Emaar is today a truly global company, with business interests in the Middle East and North Africa, the Subcontinent, South Asia, Europe and the USA.