Company News

2024 2023 2022 2021 2020 2019 2018 2017 News Archive

January February March April May June July August September October November December

United Arab Emirates stocks higher at close of trade

(Investing.com - 31/10/2017)

United Arab Emirates stocks were higher after the close on Tuesday, as gains in the Finance & Investment, Transport and Telecoms sectors led shares higher. At the close in Dubai, the DFM General added 0.17%, while the ADX General index added 0.51%. The

UAE Property Developer DAMAC Ranks First on Forbes Global 2000

(Press Release - 31/10/2017)

DAMAC's topping of Forbes list puts UAE on world stage for its leadership in business entrepreneurship and global competitiveness. DAMAC Properties, a leading luxury real estate developer in the region, has clinched the number one spot on the Forbes

Damac advert spend surges but profits fall

(Arab News - 19/10/2017)

A splurge on marketing spending failed to deliver a bottom line boost to Damac Properties - the developer behind behind the only Trump-branded golf course in the Middle East. The Dubai-based developer is well known for its marketing gimmicks such as

DAMAC reports net profit of AED 2.3 bil for the first 9-month of 2017

(Press Release - 18/10/2017)

DAMAC Properties Dubai Co. PJSC (DFM: DAMAC) ("DAMAC" or the "Company"), a leading property developer in the Middle East, today announced its first-nine months 2017 financial results, reporting total revenue of AED 5.8 billion and net profit of AED 2.3

Damac's hotel apartment projects 'in big demand'

(Trade Arabia - 09/10/2017)

Damac Properties, a leading luxury real estate developer in the region, announced that its hotel apartment projects in New Dubai and Dubai South are more than 80 per cent sold out. Demand continues to rise for Damac's hotel apartment projects as Expo