Emaar Malls (DFM: EMAARMALLS), the shopping malls and retail business majority-owned by Emaar Properties PJSC (DFM: EMAAR), recorded a net profit of AED 2.080 billion (US$ 566 million) in 2017, 11 per cent higher than the net profit of AED 1.874 billion (US$ 510 million) during 2016. Revenue for full-year 2017 was AED 3.629 billion
Dubai-based boutique developer, Innovate Living, today announced the launch of its latest and flagship project ‘Palme Couture Residences’ located on the trunk of Palm Jumeirah. The bespoke development is founded on the codes of living by design, contemporary minimalism and clarity of detail. It will feature a collection of fourteen exclusive suites including 3-bedroom lateral
A high-level Global Policy Platform (GPP) panel engaged in a lively discussion on technology and partnerships that can help governments implement the sustainable development goals (SDG) on day one of the sixth World Government Summit (WGS 2018) in Dubai. The panel discussion was titled “Innovative Partnerships to Sustain the Implementation of SDGs”. Panelists included Mahmoud Mohieldin,
The UAE Ministry of Climate Change and Environment hosted a session today entitled “Women and Youth: The Catalyst to Solve Global Challenges”, to explore how women and youth can be leveraged as powerful agents of change. The session was part of the ‘Climate Change Forum – Climate Action Now’ at the World Government Summit (WGS) 2018
The relentless pace of technological development and innovative breakthroughs brings forth unprecedented uncertainty. A special session titled ‘Disruption – The Next Big Things’, led by His Excellency Angel Gurría, Secretary-General of the Organization for Economic Co-operation and Development (OECD), focused on these disruptive challenges as part of the Global Policy Platform discussions on day one
Another successful Dubai Shopping Festival (DSF) has drawn to a close with over 3220 retailers taking part in this year’s festival and shoppers heading to the malls in their droves to celebrate the 23rd edition of the shopping extravaganza. The latest edition of DSF, which commenced on 26 December, and ran until the 27 January,
WhatsApp, the eight-year-old, free-to-download messenger app, is now used by one billion people every day, said Neeraj Arora, Vice President of Business Development for Whatsapp, while speaking at the opening day of the sixth World Government Summit (WGS 2018) in Dubai today. In a speech titled ’55 Billion Messages A Day: The Story of WhatsApp’,
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