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Emaar Properties (or simply Emaar) is an Emirati multinational real estate development company located in the United Arab Emirates. [1] The two largest shareholders are Dubai ruler Mohammed bin Rashid Al Maktoum and the UAE's sovereign wealth fund Investment Corporation of Dubai. [1]
The Dubai Financial Market ( DFM) ( Arabic: سوق دبي المالي) is a stock exchange located in Dubai, United Arab Emirates. It was founded on 26 March 2000.
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.
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 estate development company based in Abu Dhabi.
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 ...
Nakheel Properties ( Arabic: نَـخٍـيْـل, romanized : nakhīl, lit. ' palm tree ') is a real estate development company based in Dubai, United Arab Emirates. [3] The formal name of the company is Nakheel PJSC (private joint stock company) and it was a subsidiary of Dubai World and a private state-owned enterprise. [4] [2]
DAMAC Properties is an Emirati property development company, based in Dubai, in the United Arab Emirates. Founded by Hussain Sajwani, it was listed on the Dubai Financial Market in early 2015. [3] The company was delisted in 2022 after it was taken private again; Sajwani, who retained 72% of all shares, purchased the remaining shares for 2.19 billion AED (595 million USD ). [3] [4] The company ...
A $10K investment in these 10 stocks 20 years ago would be worth over $1M today.