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Tag Archives: Empower
Up, Up and Away
Emaar released their 2013 results this week with a 21.3% jump in profits to US$ 698 million on a 25.2% rise in revenue to US$ 2.81 billion, of which its retail and hospitality sector accounted for 46%. The developer sold … Continue reading
Posted in Finance
Tagged Arabtec, DEWA, Deyaar, DFM, Dubai, Dubai Financial Market, EFECO, Emaar, Emirates, emirates airline, Emirates NBD, Empower, HH Sheikh Mohammed bin Rashid Al Maktoum, Majid Al Futtaim, Nakheel, Shuua Capital, UAE
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Walk Away
Nakheel has issued a tender for piling works – a precursor for work to finally start on its US$ 680 million mall development at the end of Palm Jumeirah. The project, including a 200-room five star hotel, serviced apartments and … Continue reading
Posted in Finance
Tagged Arabtec, DFM, DMCC, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, Empower, HH Sheikh Mohammed bin Rashid Al Maktoum, JAFZA, Nakheel, UAE
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Money For Nothing
Latest reports indicate that the tourism boom continues unabated with Dubai hotels registering an 83.6% occupancy rate last year – with more of the same on the plate in 2013. More impressive was the climb in both RevPAR (revenue per … Continue reading
Posted in Finance
Tagged Arabtec, DFM, Dubai, Dubai Financial Market, Emaar, Emirates, emirates airline, Emirates NBD, Empower, Nakheel, UAE
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