Emaar considers stock listings for hotels unit along with Turkish and Indian businesses

Emaar Properties is considering the flotation of overseas units and its hotels arm to generate more growth capital and to return cash to shareholders. The company has told investors that it is looking to “monetise core assets” through further initial public offerings of business divisions, such as its Turkish and Indian units, or through the […]

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Dubai’s JBR skyline to glitter with new iconic towers

Construction begins on DP’s 1/JBR and Meydan’s 5-star hotel Construction activity, once again, is set to gain pace in Jumeriah Beach Residence (JBR) – one of Dubai’s most popular communities. Ground work has commenced on Meydan Group’s new 5-star hotel and Dubai Properties’ (DP) 1/JBR, an ultra-luxury residential project, while Al Fattan’s Crystal Towers is […]

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