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Emaar Properties PJSC (EMAAR)

Last update: 10:15 AM market time.
8.17
0.02
0.25%
Open 8.13
Previous Close 8.15
High 8.19
Low 8.13
Stock Statistics
Volume 118,358
Turnover 965,476.18
All data are 15 minutes late during market session

News

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11 February 05:02 PM Emaar Properties logs 70% higher profits at AED 11.6bn in 2023
Dubai – Mubasher: Emaar Properties generated revenues of AED 26.70 billion ($7.30 billion) in 2023, marking a 7% year-on-year (YoY) growth. The company logged and net profit valued at AED 11.60 billion ($3.20 billion) as of 31 December 2023, …
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5 December 2023 05:04 PM DFM’s carbon credits pilot platform debuts at COP28 as trading commences; listed entities take part
Dubai – Mubasher: The carbon credits trading pilot programme by Dubai Financial Market (DFM) was launched on 5 December 2023, where institutional investors will be able to buy and sell until 11 December. Making its debut at the 28th UN Climate …
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12 November 2023 02:41 PM Emaar Properties generates AED 18.4bn revenues in 9M-23; profits surge 42%
Dubai – Mubasher: Emaar Properties reported revenues totalling AED 18.40 billion ($500 million) in the first nine months (9M) of 2023, according to financial results. Net profits amounted to AED 8.20 billion ($2.20 billion) in 9M-23, marking a 42% …
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24 October 2023 01:29 PM Listed entities among FII7 conference’s global strategic partners
Riyadh – Mubasher: A group of 23 strategic partners are supporting the programmes and mission of the Future Investment Initiative (FII) conference in its seventh edition that launched in Riyadh on 24 October 2023, according to a press release. …
Mohamed Alabbar, Founder of Emaar Properties and noon.com
30 August 2023 03:01 PM Alabbar comments on Emaar’s dividends raise, noon IPO, Americana Restaurants growth plans
Mubasher: Mohamed Alabbar, Founder of Emaar Properties and noon.com, announced plans to raise the DFM-listed company’s dividends for the shareholders in 2023. During his remarks with the Emirates News Agency (WAM), Alabbar also refuted immediate …
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10 August 2023 11:59 AM Emaar Properties logs 15% higher net profits in H1-23
Dubai – Mubasher: Emaar Properties witnessed15% year-on-year (YoY) jump in net profits to AED 4.94 billion during the first half (H1) of 2023, compared to AED 4.30 billion. Revenues hit AED 12.26 billion in H1-23, down 10% from AED 13.57 billion …
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15 May 2023 00:57 PM Emaar Properties achieves AED 3.2bn net profits in Q1-23
Dubai – Mubasher: Emaar Properties generated net profits attributable to the shareholders worth AED 3.20 billion in the first quarter (Q1) of 2023, higher than AED 2.23 billion in Q1-22. Revenues enlarged to AED 6.29 billion during the first three …
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15 February 2023 10:23 AM Emaar Properties records higher profits at AED 6.83bn in 2022
Dubai – Mubasher: Emaar Properties logged net profits worth AED 6.83 billion ($1.90 billion) in 2022, an annual leap of 80% from AED 3.80 billion, according to the preliminary financial results. The revenues plummeted to AED 24.92 billion ($6.80 …
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15 November 2022 07:29 PM Emaar Properties’ net profits to equityholders leap 125% in 9M-22
Dubai – Mubasher: Emaar Properties has recorded a surge of 125% year-on-year (YoY) in net profit attributable to the shareholders to AED 5.79 billion during the first nine months (9M) of 2022 from AED 2.57 billion. The basic and diluted earnings …
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21 September 2022 05:49 PM Emaar Properties’ shareholders approve Dubai Creek Harbour takeover, sale of Namshi
Dubai – Mubasher: The shareholders of Emaar Properties have greenlighted the acquisition of Dubai Creek Harbour from Dubai Holding during their general meeting on 21 September. The stakeholders also approved the sale of Namshi Holding Limited to …
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26 August 2022 02:13 AM Emaar Properties eyes over AED 628.5m profits from selling Namshi
Dubai – Mubasher: Emaar Properties expects to log net profits worth AED 628.68 million from the potential sale of Namshi Holding, owned by Emaar Malls, which is the real estate developer’s subsidiary. The UAE-based listed firm is selling Namshi to …
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15 August 2022 07:10 PM Emaar Properties pens AED 7.5bn acquisition deal with Dubai Holding
Dubai – Mubasher: Emaar Properties plans to fully acquire Dubai Creek Harbour from Dubai Holding in exchange for AED 7.50 billion that will be paid equally in cash and shares of Emaar. Following the transaction, Dubai Holding will be the second …
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14 August 2022 05:26 PM Emaar Properties posts higher profits at AED 4.3bn in H1-22
Dubai – Mubasher: Emaar Properties has reported net profits attributable to the owners worth AED 4.30 billion during the first half (H1) of 2022, higher than AED 1.56 billion in H1-21. Revenues amounted to AED 13.57 billion in the first six months …
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7 June 2022 04:52 PM Moody's affirms Emaar Properties' ‘Baa3’ ratings, changes outlook to stable
Dubai – Mubasher: Moody's Investors Service (Moody's) has affirmed Emaar Properties’ long-term issuer rating at 'Baa3' and changed the outlook to stable from negative. The credit rating agency also affirmed the 'Baa3' ratings of the three backed …
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15 May 2022 10:34 AM Emaar Properties' profits surge 241% in Q1-22
Dubai – Mubasher: The unaudited interim consolidated financials of Emaar Properties reported a 241% surge in net profits attributable to the owners to AED 2.23 billion in the first quarter (Q1) of 2022, compared to AED 656.86 million in Q1-21. The …
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21 November 2021 09:34 AM SCA approves Emaar's capital raise, Emaar Malls' delisting ahead of merger
Dubai – Mubasher: The Securities & Commodities Authority  (SCA) has approved the delisting of Emaar Malls from the Dubai Financial Market (DFM) and the capital increase of Emaar Properties to prepare for the merger. As a result of the merger, …
The company generated revenues of AED 19.331 billion
14 November 2021 03:55 PM Emaar Properties' net profits rise 25% in 9M
Dubai – Mubasher: The unaudited interim consolidated financials of Emaar Properties recorded a 25% year-on-year (YoY) increase in net profits attributable to the owners to AED 2.577 billion in the January-September period of 2021, compared to …
All the merger conditions have been met
11 November 2021 00:29 PM Emaar Properties, Emaar Malls set merger activation date
Dubai – Mubasher: Emaar Properties and Emaar Malls have announced the activation date of their merger and Emaar Properties' capital increase at the end of the trading session on 21 November 2021. The merger date was set as no objection was made …
The shareholders have also approved a rise in share capital
11 October 2021 09:59 AM Emaar Properties' OGM approves proposed merger with Emaar Malls
Dubai – Mubasher: The ordinary general meeting (OGM) of Emaar Properties has approved the proposed merger with Emaar Malls by issuing 0.51 new shares in Emaar for every one share in Emaar Malls, excluding those in Emaar. Following the completion …
Emaar is considering a number of options to sell Namshi
13 September 2021 02:26 PM Emaar selects Emirates NBD as advisor to sell Namshi
Dubai – Mubasher: Emaar Properties has selected Emirates NBD as its advisor to sell the fashion e-commerce business Namshi, sources told Reuters. Emaar is considering a number of options to sell Namshi, including a listing abroad through a special …
The merger is still subject to meeting multiple conditions
6 September 2021 03:02 PM Emaar, Emaar Malls get regulatory nod for merger
Dubai – Mubasher: Emaar Properties and Emaar Malls received the Securities and Commodities Authority’s (SCA) approval for the potential merger, according to a statement on Monday. The shareholders of Emaar Malls, excluding those in Emaar, will …
Emaar has contacted some banks for potential advice
1 September 2021 10:19 AM Emaar eyes selling e-commerce business Namshi
Dubai – Mubasher: Emaar Properties is considering a number of options to sell fashion e-commerce business Namshi, including a listing abroad through a special purpose acquisition company (SPAC), three sources told Reuters. One of the sources …
The company's revenues jumped by 52%
11 August 2021 04:18 PM Emaar Properties' net profits down 8% in H1-21
Dubai – Mubasher: The net profits of Emaar Properties decreased by 8% to AED 1.56 billion during the first half (H1) of 2021, compared to AED 1.698 billion in the corresponding half of 2020. The company's revenues jumped by 52% to AED 12.5 billion …
The Sukuk has been priced at 3.7% yield
13 July 2021 00:10 PM Emaar Properties lists $500m Sukuk on Nasdaq Dubai
Dubai – Mubasher: Emaar Properties has celebrated the listing of a $500 million Sukuk of a 10-year tenor on Nasdaq Dubai. The Sukuk issuance is part of the company's $2 billion trust certificates issuance programme solely listed on Nasdaq Dubai, …
The UAE Securities and Commodities Authority is reviewing the proposal
6 July 2021 00:14 PM Emaar Properties expects to delist Emaar Malls by end of 2021
Dubai – Mubasher: Emaar Properties forecasts to acquire a minority shareholding of Emaar Malls and delist the company by the end of 2021, the Emaar spokesperson told Reuters. The all-share deal to make Emaar Malls a wholly-owned subsidiary of …