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Thursday, November 26 - 2009

Emaar Properties highlights importance of International Investor Conference in New York

  • United Arab Emirates: Sunday, November 11 - 2007 at 14:19
  • PRESS RELEASE

Emaar Properties' Director of Investor Relations today emphasized the benefits of the company's participation in the Dubai Financial Market (DFM) International Investor Conference in New York, taking place from November 13-15, 2007.

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  • Arif Amiri, Director - Investor Relations, Corporate Governance and Business Development, Emaar Properties.
    Arif Amiri, Director - Investor Relations, Corporate Governance and Business Development, Emaar Properties.
"Emaar has seen an enormous growth in interest from institutional investors, especially foreign fund managers, during 2007," said Arif Amiri, Director - Investor Relations, Corporate Governance and Business Development, Emaar Properties. "Events such as this help to raise the international profile of all DFM-listed stocks. Emaar has certainly seen the benefits of its investor relations commitment, with a more than 100% increase in foreign institutional shareholders during 2007.

"The growth dynamics in Dubai, as well as a number of the other markets in which we operate, are very compelling. Given Emaar's international expansion, we are an attractive investment to foreign fund managers looking for large-cap exposure to the Middle East and North Africa and Subcontinent regions."


"We have presented at several international investor conferences this year, and our success is demonstrated by the diversification of our shareholder base and growing equity research coverage of our stock."

With an active presence in 36 markets and six diversified business segments, Emaar is today a truly global company, with business interests in the Middle East and North Africa, the Subcontinent, South Asia, Europe and the USA.
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Notes and media contacts

About Emaar Properties PJSC:
Emaar Properties PJSC is one of the world's largest real estate companies and is rapidly evolving to become a global provider of premier lifestyles. Powered by its Vision 2010 to become one of the most valuable companies in the world, Emaar is charting a new course of growth with a two-pronged strategy of geographical expansion and business segmentation. Emaar has highlighted its remarkable global growth by debuting on the Financial Times Global 500 ranking, which provides an annual snapshot of the world's largest companies. Emaar has been assigned A- and A3 ratings with stable outlook by Standard & Poor's and Moody's Investor Services, respectively.

Replicating its successful business model in Dubai, Emaar is extending its expertise in creating master-planned communities to international markets. Emaar is also developing new competencies in malls, hospitality & leisure, education, healthcare and finance, which have evolved from its integrated approach to customer service and property development.

Listed on the Dubai Financial Market, part of the Dow Jones Arabia Titans Index and certified to ISO9001:2000 for quality standards, Emaar is developing Burj Dubai, the world's tallest building and free-standing structure, and The Dubai Mall, one of the world's largest shopping and entertainment destinations. In Saudi Arabia, Emaar is developing the $26.6billion King Abdullah Economic City, the region's largest private sector-led project. Emaar's portfolio currently covers the following countries: the UAE, Saudi Arabia, Jordan, Syria, Lebanon, Morocco, Egypt, Turkey, Libya, Algeria, India, Pakistan, Indonesia, the US, the UK, France and Canada.

An award-winning developer, Emaar has strengthened its product sale competencies, market reach and best practices through strategic acquisitions and joint ventures. Emaar acquired John Laing Homes, America's second largest privately held home builder; Hamptons International, UK's premier realtor; and formed a joint venture with US-based Turner International to strengthen execution capabilities.

Emaar has joined hands with Giorgio Armani and Accor Hotels to strengthen its presence in hospitality, and will launch ten luxury Armani Hotels & Resorts world-wide and 100 Formule 1 budget hotels in India. The company is opening educational institutions and healthcare centres in South Asia, Middle East and North Africa and the Subcontinent. Emaar acquired Singapore-based leading education provider, Raffles Campus, to extend expertise to its educational institutions.

Emaar holds 30% equity in Dubai Bank, focused on retail and commercial banking. Emaar is also the largest shareholder in Amlak Finance, UAE's leading Islamic home financing company.

For further information, please contact:
Kelly Home / Nicholas Nesson / Sudha Hemmad / Tarek Fleihan
ASDA'A Public Relations
Exclusive Affiliate of Edelman PR Worldwide in Middle East & North Africa
Tel: (+971 4) 335 5969; Fax: (+971 4) 335 6080

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