Monday, 23 April 2012

Dubai's Emaar to pay 10 pct dividend, focus abroad - Yahoo! News UK

Dubai's Emaar Properties, builder of the world's tallest tower Burj Khalifa, will pay a 10-percent cash dividend for 2011 and said on Monday it would look to its overseas business for a revenue boost next year.
Shareholders also approved a new board with seven new members.
Emaar Chairman Mohammed Alabbar said Emaar, which is about 30-percent owned by Dubai's sovereign investment vehicle, would focus on boosting revenues from its global operations next year and enhancing profit from recurring revenues.

No comments:

Post a Comment