Emaar Properties PJSC (DFM: EMAAR) has released its Q1-2024 financial results, showcasing robust performance and operational efficiency across its various business segments. Financial Highlights Emaar reported revenues of AED 6.7 billion (US$ 1.8 billion) and a net profit before tax of AED 4.3 billion (US$ 1.2 billion), marking a 16% increase from the same period last year. This growth was driven by a...

Dubai Investments has launched construction on a new residential and hotel tower project in Ras Al Khaimah, located in the northern emirate. The expansive project spans 90,000 square meters and features 40,000 square meters of beachfront, including 189 villas. Situated on Al Marjan Island, the development is known as Danah Bay and involves an investment of AED 1 billion ($272 million). This includes the...