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Real Estate News Alert is a roundup of the most recent news that gets updated daily to keep you always up to date on the world's most attractive projects in the real estate market from the UAE (Dubai, Abu Dhabi, Umm Al-Quwain, Ajman, Ras Al-Khaimah, Sharjah and Fujairah) and sometimes from the GCC or other countries and from various news sources.


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Monday, March 2, 2009

Emaar Shareholder's Funds DHS 36 Billion

Emaar 'to face up to new realities'
GulfNews - Dubai, United Arab Emirates
Dubai: Emaar Properties on Sunday said its total shareholders' funds at the end of 2008 amounted to Dh36 billion, slightly below Dh36.53 billion in 2007.
The transfer of statutory reserve has been suspended as the reserve has reached 50 per cent of the paid up capital, its board of directors said in a financial report posted on the Dubai Financial Market website. ...

Posted by Nizar

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