#Mohamed Alabbar
6 articles with this tag
EconomyEmaar Malls See 10% Footfall Drop Amid Iran Conflict, Founder Alabbar Reports
Emaar's malls and hotels are experiencing a 10% drop in footfall and occupancy due to the Iran war, according to founder Mohamed Alabbar. Despite this, the company continues its development projects, while also eyeing expansion in India.
EconomyDubai Home Sales Drop Sharply in Third Quarter Amid Regional Uncertainty
Dubai's residential property transactions dropped significantly in the third quarter due to regional uncertainty surrounding the Iran war, leading to a more cautious market and lower sales values.
EconomyAbu Dhabi's Eagle Hills Signs Major Agreement for Residential and Tourism Projects in Syria
Abu Dhabi-based Eagle Hills has signed a framework agreement with the Syrian government to develop major residential and tourism projects in Damascus and Latakia, expected to create over 40,000 jobs.
EconomyAbu Dhabi Developer Eagle Hills Partners with Maldives for Massive $20 Billion Waterfront and Marina Mega-Project
Abu Dhabi developer Eagle Hills has agreed to build a $20 billion waterfront and marina project in the Maldives to boost foreign investment and tourism. The massive development in Ras Male will feature luxury residences, hotels, and a world-class marina.
EconomyEmaar Founder Mohamed Alabbar Forecasts Balanced Dubai Property Market Despite Regional Pressures
Emaar Properties founder Mohamed Alabbar expects a balanced Dubai property market next year despite regional conflicts, highlighting the company's strong cash flow and refusal to offer discounts.
EconomyAbu Dhabi's Lulu Island Set for Major Transformation as Eagle Hills Properties Confirms Development Plans
Eagle Hills Properties has confirmed it is overseeing the long-awaited development of Abu Dhabi's Lulu Island, paving the way for a major residential and waterfront transformation.