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Press Releases |
July 2006 July 30,2006Riyadh, July 30, 2006: The initial public offering (IPO) of Emaar the Economic City, heavily oversubscribed even before its stipulated ten-day period.
Read more... July 27,2006Dubai, UAE, July 27, 2006: In a bid to safeguard the marine environment, Dubai Marina Motor Yacht Club, a subsidiary of Emaar, has decided to ban all two-stroke outboard engine powered boats on its waterways.
Read more... July 26,2006Dubai, UAE, July 26, 2006: Emaar today unveiled The Shemara tower at Marina Promenade, a high-end residential condominium tower located on the broadest section of Dubai Marina offering the most panoramic views of the marina.
Read more... July 26,2006Riyadh, Saudi Arabia, July 26, 2006: The ten-day initial public offering (IPO) of Emaar the Economic City, which opened on July 22, 2006, has been over-subscribed in just three days.
Read more... July 25,2006Riyadh, Saudi Arabia, July 25, 2006: Emaar the Economic City has made rapid progress on ground and site work for its flagship development in Saudi Arabia, the King Abdullah Economic City.
Read more... July 21,2006Riyadh, Saudi Arabia, July 21, 2006: Emaar the Economic City will roll out its initial public offering (IPO) to raise 30 per cent of its share capital from July 22 to August 2, 2006.
Read more... July 19,2006Riyadh, Saudi Arabia, July 19, 2006: Emaar has appointed Nidal Abdulmajeed Jamjoom as CEO of “Emaar the Economic City” which oversees its flagship development in Saudi Arabia, the King Abdullah Economic City.
Read more... July 18,2006Riyadh, Saudi Arabia, July 18, 2006: Emaar the Economic City has unveiled its prospectus in advance of the initial public offering (IPO) to raise SR2.55 billion (US$679.9 million).
Read more... July 15,2006Dubai, UAE, July 15, 2006: Emaar has announced record revenue and net profits of AED 5.079 billion (US$ 1.383 billion) and AED 3.053 billion (US$ 0.831 billion) respectively, for the half year ended 30 June 2006.
Read more... July 12,2006Dubai, UAE, July 12, 2006: Emaar and The Turner Corporation, a leading building services provider, announced their investment in a newly formed entity, Turner International Middle East Ltd, to jointly tap regional growth opportunities.
Read more... July 11,2006Riyadh, Saudi Arabia, July 11, 2006: Emaar the Economic City, a consortium headed by Emaar Properties PJSC and a number of high profile investors from Saudi Arabia, today announced that the Capital Market Authority of Saudi Arabia has approved its initial public offering of SR 2.55 billion (US$679.9 million).
Read more... July 6,2006Dubai, UAE, July 6, 2006: Emaar celebrated the first anniversary of its employee suggestion programme and presented the annual Golden Egg Awards to winners in the various categories for 2005-06.
Read more... July 4,2006Dubai, UAE, July 4, 2006: Emaar has marked a milestone in its international expansion programme by being the first Middle East property developer to open a full-fledged office in China.
Read more... July 3,2006Dubai, UAE, July 3, 2006: Emaar today unveiled a lifestyle guide that highlights the various facets of living within its community projects in Dubai.
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