Emaar

Dubai-based Emaar Hospitality Group’s health and fitness brand, has rewarded the winner of its weight-loss programme.

At the Top, Burj Khalifa, on Level 124 of the world's tallest building, is celebrating the Holy Month of Ramadan with special timings and an unprecedented and first-time ever opportunity to break your fast from a vantage location. Guests can reflect on the spiritual values of the Holy Month, watch the sun set into the scenic horizon of the Arabian Sea, and break their fast with dates, complimentary of La Ronda Dates, and water, complimentary of Masafi Mineral Water, from At the Top, Burj Khalifa, this year.

Marking significant gains in the company’s comparative financial performance over year 2009, Emaar Properties PJSC recorded half-year 2010 net operating profits of AED 1,656 million (US$ 451 million). The highlight of second quarter 2010 was the opening of the world’s first Armani Hotel in Burj Khalifa, the world’s tallest building. In addition, the handover of units in Burj Khalifa started during the quarter with approximately 24 per cent handed over until June end.

Even though some developers in Dubai have moved the Dubai court to get property owners pay their outstanding service charges, Emaar Properties is seeking to publish names of defaulters on public notice boards in their respective communities.

Emaar Properties PJSC’s second- quarter earnings are likely to “surprise on the upside” because of income from the handover of apartments at Burj Khalifa, the world’s tallest tower in Dubai, Deutsche Bank AG said.

The Saudi stock market yesterday continued the rally started at the end of last week as recent fallers Dar Al Arkan Real Estate and Emaar Economic City turned a corner to finish 1.31% and 0.59% respectively.

Emaar Properties, Dubai's largest company by market value, ended higher as investors turned to liquid stocks ahead of second-quarter results, lifting the broader index.

The Address Montgomerie Dubai, a five star premium golf retreat owned and operated by The Address Hotels + Resorts, features conferencing and event management facilities with a difference. The retreat is the fifth property in The Address Hotels + Resorts portfolio in Dubai and offers one of the most luxurious golf resort experiences in the Middle East.

Emaar Hospitality Group, the hospitality & leisure subsidiary of Emaar Properties PJSC, has appointed Mr. Antony Treston as the General Manager of The Address Dubai Marina.

Emaar Properties PJSC, the global property developer, has announced a new deal with Countrywide to expand Hamptons International.