|01-21-2015, 10:13 PM||#1|
Emaar Malls posts higher profits in 2014
Emaar Malls Group; the owner of the Middle East`s larger mall and behind the most iconic projects such as Burj Khalifa and other developments, posted higher revenues and profits for last year from the year before to continue on being one of the top leaders of the UAE`s real estate market.
The developer reported for the year 2014 23 percent higher profits and 13 percent higher revenues than in 2013.
Emaar Properties is the developer behind Burj Khalifa, the world`s tallest tower, and Dubai Mall and continues on efficiently expanding on a local and international scale a collective presence in 36 markets across the Middle East, North Africa, Pan-Asia, Europe and North America.
The company already established and developed projects in most of the Gulf and Middle East countries along with China, the U.S, U.K, Canada and India and continues on expanding efficiently.
On September 18 this year, Mohamed Alabbar, Chairman of Emaar Properties PJSC, has been honored with the ‘Lifetime Achievement Award’ at the Gulf Business Industry Awards 2014.
Emaar Malls Group (EMAA) shares shed by 0.72 percent or by 0.02 points to 2.77 within the closing session of the Dubai stock market yesterday.
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