Dubai's Emaar Malls says 2016 dividend unchanged on year

28/02/2017 06:01 AST

Dubai's Emaar Malls said on Monday its board had recommended paying a cash dividend of 0.1 dirham ($0.03) per share for 2016. The dividend would be the same as the payout for 2015.

Emaar Malls, part of Emaar Properties, reported a 3.9 per cent rise in fourth-quarter net profit to Dh452 million.

Last year's revenues grew by 8 per cent year-on-year to Dh3.227 billion for the Dubai-based developer, off the back of a solid performance for the company's mall business.


Gulfnews

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Emaar unveils 220-key hotel project in Dubai

28/03/2018

Emaar Hospitality Group, the hospitality and leisure subsidiary of Emaar Properties, has expanded the portfolio of hotel projects under its Vida Hotels and Resorts brand, with the new Vida Za'abeel.<

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Aldar and Emaar shares climb after Dh30bn strategic alliance

21/03/2018

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 project

The National

Emaar launches ultra luxury tower in Dubai

06/03/2018

Dubai-based Emaar Development has unveiled an exclusive collection of ultra-luxury apartments, penthouses and podium-level townhouses in The Grand, a spectacularly designed residential tower located

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