Monday 17, February 2014 by Matthew Amlôt

Emaar Properties records 2013 net profit of AED 2.568 billion ($699 million)

Led by Dubai’s robust economic growth and surging investor confidence, Emaar Properties PJSC recorded full-year 2013 net profit of AED 2.568 billion ($699 million). This is 21 per cent higher than the FY 2012 net profit of AED 2.119 billion ($577 million). Annual revenue for 2013 reached AED 10.328 billion ($2.812 billion), 25 per cent increase on 2012 revenues of AED 8.240 billion ($2.243 billion).

Features & Analyses

Islamic Finance The path forward

After years of milestones, Islamic finance in Dubai and beyond still has work to do, writes Abdulla Mohammed Al Awar, CEO of DIEDC read more