Emaar Properties report 55% jump in Q1 profits
Emaar Properties on Tuesday posted a first quarter net profit of AED 863 million (USD 235 million), up 55% over the same period last year.
Dubai Financial Market index breaks 5,000 for first time since August 2006
The Dubai Financial Market (DFM) index continued its strong growth to break the psychologically significant barrier of 5,000 today (Tuesday April 22), closing at 5018.98.
Dubai's Emaar Properties posts 55% rise in Q1 profit
Dubai's Emaar Properties reported a 55% rise in first-quarter net profit on Tuesday, as the region's economic recovery brought consumers back to its malls and shopping units, and house buyers returned to the market.