Page 9 - Arabian Business
P. 9
Follow us on ArabianBusiness arabianbusiness #arabian business arabianbusiness
PERSON OF THE WEEK
Emaar DIARY
Development
Q WITH EMAAR has recorded BUSINESS
SETTING IMPRESSIVE total sales worth EVENTS
over $270m
PROPERTY SALES (AED1bn) at the ACROSS
THE REGION
LAST YEAR, THE launch of the fi rst
RESPONSE TO OUR residences in DUBAI
Emaar
FIRST LAUNCH THIS Beachfront, Arab Health
YEAR IS A POSITIVE the Miami-style Exhibit 2018
STATEMENT ON residences with What: The 2018 edition of the
THE ROBUST exclusive access event is expected to welcome
to a private
more than 4,200 exhibiting
PERFORMANCE beach. companies and 103,000
OF DUBAI’S attendees from 150 countries.
PROPERTY SECTOR” When: January 29 -February 1
Where: Dubai International
Convention and Exhibition Centre
Mohamed
10 million chairman ABU DHABI
Alabbar,
of Emaar Red Bull Air Race
The area in square Properties World Championship
metres of the Emaar
Beachfront project. What: It is a global series that
features the world’s best racing
pilots in a pure motorsport
CONSTRUCTION UP/DOWN competition that combines
speed, precision and skill.
ISSAM KASSABIEH, EXPERT AT MENACORP, ANALYSES
When: February 2-3
TWO FIRMS TO WATCH OUT FOR IN THE COMING WEEKS Where: Abu Dhabi Corniche
BAHRAIN
DreamLand Expo
DXBE ADCB What: DreamLand Expo is the
largest gaming and e-sports
Price at press Price at press destination in Bahrain. The
AED0.66 AED7.40 expo will also include other
fun activities such as live
entertainment and car show.
YTD d – 0.3% YTD u +6.19% When: February 2-3
Where: Bahrain International
UAE CONTRACTOR TO Emaar Properties has ADCB’s most recent nine- Circuit, Sakhir
DEVELOP SEVEN-STAR managed to lose investor month fi nancials have not
HOTEL IN ABU DHABI appetite with an unattractive shown signifi cant growth and LEBANON
UAE-based contractor special dividend and no are expected to show a minor Digital Marketing
Dhabi Contracting declarations on operational improvement. ADCB has last Tactics and The tools
has revealed that it is dividends, in addition to reported a 1.68 percent increase of Internet Marketing
looking to build a seven- gradually shifting its structure in its nine-month net profi t and a Seminar
star hotel in Ruwais, in to a “holding company” rather 0.51 percent increase in assets, What: This event is designed for
the Western Region of than a developer. This has which could indicate that investors companies and professionals
Abu Dhabi as part of the signifi cantly shifted investors’ are in reality banking on its aiming to develop their existing
company’s foray into perception of the company’s generous dividend history of 40 business, increase their sales and
property development. profi tability and redirects fi ls which could explain the recent to anyone willing to master online
The project is now investments towards its increase in the stock’s price to marketing techniques.
being reviewed by subsidiaries. AED7.38 (+43 Fils YTD). When: February 2-3
the Abu Dhabi Urban Where: Riviera Hotel & Beach
Planning Council. Prediction: AED6.75 by early March Prediction: AED7.35 by January 28 Lounge Beirut
arabianbusiness.com 9