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Emaar is en route to becoming one of the most
valuable companies in the world by 2010.
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. A Dubai-based Public Joint Stock
Company, Emaar is listed on the Dubai Financial Market and is part
of the Dow Jones Arabia Titans Index. Emaar has highlighted the
remarkable global growth of the company by debuting on the 2007
Financial Times Global 500 ranking, which provides an annual
snapshot of the world’s largest companies.
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In tandem with Dubai’s rapid growth, Emaar has been
shaping landscapes and lives in the Emirate since the company’s
inception in 1997. Not just building homes, Emaar develops
value-added, master-planned communities that meet the homebuyers’
full spectrum of lifestyle needs. A pioneer of innovative
community-living concepts, Emaar is the prime mover of the Emirate’s
real estate and construction sector.
In line with its Vision 2010, Emaar is charting a new
course of growth through a two-pronged strategy of geographical
expansion and business segmentation. Replicating its successful
business model in Dubai, Emaar is extending its expertise in
creating master-planned communities to international markets.
Simultaneously, Emaar is developing new competencies in hospitality
& leisure, malls, education, healthcare and financial services,
which have evolved from its integrated approach to customer service
and property development.
With six business segments and more than 60 active
companies, Emaar has a collective presence in over 36 markets
spanning the Middle East, North Africa, Pan-Asia, Europe and North
America. The company has established operations in the United Arab
Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco,
Algeria, Libya, India, Pakistan, Turkey, Indonesia, USA, Canada and
United Kingdom.
Year 2007 was rewarding for Emaar as the company
reiterated its pole position as an integrated lifestyle provider
with several global and regional recognitions. The company also
strengthened its corporate social responsibility initiatives with an
array of activities. Emaar’s financial performance was also feted
with high ratiYear 2007 was rewarding for Emaar as the company
reiterated its pole position as an integrated lifestyle provider
with several global and regional recognitions. The company also
strengthened its corporate social responsibility initiatives with an
array of activities. Emaar’s financial performance was also feted
with high ratings.
Financial Times Global 500 Ranking
Emaar highlighted its international growth and
stature by debuting on the 11th FT Global 500 ranking issued by the
London based Financial Times. The ranking provides an annual
snapshot of the world’s largest companies.
Emaar is one of only two UAE companies to be ranked on FT Global
500, which includes only listed companies with a minimum of
15 per cent equity floated on a bourse. The publication ranks Emaar
at 462 with a market capitalization of over US$20 billion.
The debut of Emaar Properties on the list underpins the significant
growth gained by the company in 2006.
Dubai Quality Award
Emaar Properties strengthened its premier position as
a role model for real estate developers by winning the coveted Dubai
Quality Award for its commitment to quality and service excellence.
The Dubai Quality Award is an initiative by the Dubai Department of
Economic Development to further build a business culture based on
quality. Independent assessors review the Award entries by following
the strict guidelines laid down by the Dubai Quality Award
Secretariat. The Award criteria are modeled on the European
Foundation for Quality Management Excellence. A jury panel decides
the winners
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