UAE developers top in Forbes rankings | GulfNews.com:
"UAE’s developers Emaar, Damac and Aldar were rated as the top public-listed developers and ahead of the competition from their Gulf counterparts in the rankings put out by Forbes.
“With the turmoil witnessed in the GCC, the UAE.’ s real estate market still is robust and has proven adaptive to change,” said Khuloud Al Omian, Editor-in-Chief at Forbes Middle East.
Emaar came out on top with both the largest asset base of $21.7 billion (Dh79.6 billion), as well as the highest revenues, at $3.7 billion. Emaar tied with Damac Properties for profit earnings of $1.2 billion."
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