Emaar Properties

Dubai starts building the tallest tower in the world

Dubai said on Monday that it had started building what would be the world’s tallest tower, another record for the city that is already home to the highest skyscraper – the Burj Khalifa.The Tower at Dubai Creek Harbour – a joint venture between Emaar Properties and Dubai Holding, the investment vehicle of the emirate’s ruler, Sheikh Mohammed bin Rashid al-Maktoum – will be completed in 2020, Dub

Dubai property giant Emaar profit up 31 percent in Q3

Dubai-based real estate developer Emaar Properties on Sunday reported a 31-percent rise in net profits during the third quarter of 2015.

Emaar - best known for building the world's highest tower, the Burj Khalifa - said it had recorded net profit of $230 million between July and September 2015, compared to $176 million during the same period last year.