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21/03/2018 11:33 AST
The shares of Aldar and Emaar Properties, two of the the UAE's biggest developers, rose during early trade on Wednesday after unveiling a strategic alliance to develop local and international projects worth Dh30 billion a day earlier.
Aldar shares rose 6.5 per cent on Abu Dhabi Securities Exchange and Emaar, the developer behind the world's tallest tower, Burj Khalifa, gained 1.2 per cent on Dubai Financial Market within the first half hour of trading on bets that the joint venture deal will boost their businesses.
The venture will initially start with lifestyle developments on Saadiyat Grove in the cultural district of Abu Dhabi's Saadiyat Island and Emaar Beachfront, Dubai media office said in a statement yesterday.
The National
07/11/2025
Emaar Properties has reported for the first nine months of 2025 a 22 per cent increase in property sales to Dh61 billion, crossing a significant milestone with its revenue backlog surpassing Dh150 b
Khaleej Times
26/10/2025
Emaar has unveiled Dubai Mansions, a new Dh100 billion ultra-luxury community. The development will comprise 40,000 residences within Emaar Hills.
Located near Dubai Hills Estate and within
Gulfnews
25/09/2025
Emaar, the name behind some of the world's most iconic destinations, is preparing to unveil its most exclusive residential address to date: Dubai Mansions, a new ultra-luxury community designed for a
Trade Arabia
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13/11/2025
Saudi Aramco announced the signing of 28 memorandums of understanding (MoUs) worth more than $1 billion during the 19th Middle East Corrosion Conference and Exhibition, held in Dhahran, eastern Saudi
Asharq Al Awsat
13/11/2025
In a new achievement that confirms the excellence of its human capital strategy, National Bank of Kuwait received two prestigious awards as part of the GCC Government Human Resources and Youth Awards
Kuwait Times
13/11/2025
Abu Dhabi-based NMDC Energy has signed a memorandum of understanding with US energy technology firm Baker Hughes to localize offshore solutions in Saudi Arabia.
The collaboration aims to en
Arab News
13/11/2025
Cementing their commitment and efforts toward enabling and empowering Qatar's SME ecosystem, Commercial Bank and Seib Insurance held a joint online webinar titled: The Safety Net: Identify, Combat &
The Peninsula
13/11/2025
The Qatar Stock Exchange (QSE) index closed lower on Wednesday, declining by 58.37 points, or 0.52 percent, to reach 11,082.40 points.
During the session, a total of 104,275,078 shares were
The Peninsula