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Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects, such as developing Burj Khalifa, the tallest building in the world .
Emaar Developments is the UAE-based property development arm of Emaar Properties. [1] The company develops residential and commercial property, shopping malls and other retail assets, as well as hospitality and leisure attractions.
The government's decision to diversify from an oil-based economy, and to make Dubai the main hub of tourists in the world, has made and other developmental projects such as Dubailand, more valuable, resulting in the property boom from 2004 to 2007. There are over 1,500 major freehold developments and communities in Dubai. [1] Construction on a large scale is a part of Dubai Strategic Plan 2015 ...
This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government.
Mohamed Ali Alabbar ( Arabic: محمد على العبار; born November 8, 1956) [citation needed] is an Emirati businessman known for founding Emaar Properties, a real estate development company involved in projects such as the Burj Khalifa and the Dubai Mall. He is also the founder and chairman of Eagle Hills, a private investment and real ...
Nakheel was seen as key to resolving Dubai's debt crisis in 2009–2010. [5] The company has been reported to be the second-largest property developer in Dubai after Emaar Properties. [6]
The building is named for the former president of the United Arab Emirates (UAE), Sheikh Khalifa bin Zayed Al Nahyan. The United Arab Emirates government provided Dubai with financial support as Emaar developer experienced financial problems during the 2007-2008 financial crisis. Then president of the United Arab Emirates, Khalifa bin Zayed ...
The economy is the second largest in the Arab world (after Saudi Arabia ), with a gross domestic product (GDP) of US$ 570 billion ( DH 2.1 trillion) in 2014. Though, United Arab Emirates has been successfully diversifying its economy, [1] the country remains extremely reliant on oil. With the exception of Dubai, most of the UAE is dependent on oil revenues. Petroleum and natural gas continue ...