GCC News 24
Business
Politics
Tech
Society
Green
Sports
Entertainment
Translate image English Down Arrow
The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Dubai Holding Increases Stake in Emaar Properties to 29.73%

Dubai Holding Increases Stake in Emaar Properties to 29.73%

Post by : Bianca Haleem

Dubai Holding has successfully acquired a 22.27% stake in Emaar Properties from the Investment Corporation of Dubai (ICD), elevating its total ownership to 29.73%.

This acquisition positions Dubai Holding as the largest shareholder in Emaar Properties, a premier real estate developer in the Middle East.

Emaar Properties, which trades on the Dubai Financial Market, boasts a wide-ranging portfolio including residential, commercial, hospitality, and retail developments. The company has a substantial footprint in the Middle East, North Africa, Asia, and Europe, supported by an extensive development pipeline and a variety of income-generating assets.

This move demonstrates Dubai Holding’s faith in Emaar Properties’ competitive stance and robust asset base, as well as the long-term growth potential of the emirate's real estate market.

The acquisition further cements the strategic alliance between Dubai Holding and Emaar Properties, both of which have a well-established history of partnerships and joint ventures across various sectors.

Dubai Holding operates globally in over 30 countries, managing assets totaling over AED 500 billion across diverse sectors, such as real estate, hospitality, entertainment, retail, media, and investments.

May 12, 2026 1:23 p.m. 1251
Global News UAE News Dubai News World News

More Trending News

Featured Stories

Houthis Blamed for Fatal Assault on Cargo Vessel in Tihamah
Aug. 12, 2026 12:06 p.m.
A double missile strike on the Tihamah cargo ship by Houthis resulted in six fatalities and multiple injuries, marking a critical escalation.
Read More
RAFO Evacuates Indian National from Commercial Ship
Aug. 12, 2026 11:43 a.m.
Oman’s Royal Air Force evacuated an Indian national from a commercial ship after a medical emergency and transported him to Duqm Hospital
Read More
Kuwait Arrests Two Minors Over Alleged ISIS-Linked Plot
Aug. 12, 2026 11:02 a.m.
Kuwait arrests two minors accused of ISIS-linked communication and explosives training in an alleged plot targeting a place of worship
Read More
Qatar Cyber Security Youth Camp Concludes with 400 Students
Aug. 12, 2026 10:19 a.m.
Qatar’s third Cyber Security Youth Camp concludes with 400 students completing practical training, competitions and 80 cybersecurity projects
Read More
Trump Confirms Secret Flight Change After NATO Summit
Aug. 12, 2026 10:16 a.m.
Trump confirms US security officials secretly moved him to another aircraft after the NATO summit in Turkey over a potential Iran-linked threat
Read More
Zawiya Refinery Fire Rages After Third Drone Attack in Libya
Aug. 11, 2026 3:39 p.m.
Firefighters battle a blaze at Libya’s Zawiya refinery after a third drone attack. NOC warns it could halt operations if attacks continue
Read More
Kuwait Customs Seizes 1.25kg Narcotics in Pakistan Air Cargo
Aug. 11, 2026 1:34 p.m.
Kuwait Customs foils a drug smuggling attempt involving 1.25kg of heroin and suspected crystal meth hidden inside paintings from Pakistan
Read More
China's Long March 7A Rocket Encountered Anomaly During Launch
Aug. 11, 2026 12:45 p.m.
An in-flight anomaly led to the failure of China's Long March 7A rocket, which was attempting to launch the ChinaSat-4B satellite.
Read More
ADNOC L&S Reports Record Q2 and H1 2026 Results
Aug. 11, 2026 11:39 a.m.
ADNOC L&S reports record Q2 and H1 2026 results, with revenue up 98% and net profit rising 303% year-on-year in Q2
Read More
Sponsored
Trending News
Embracing Life's Unpredictability: Trust in Your Journey

Embracing Life's Unpredictability: Trust in Your Journey

Explore how embracing life's uncertainties and trusting the process can lead to growth and new oppor
June 26, 2026 12:59 p.m. 1368
Casualties Mount in Lebanon as Israeli Airstrikes Persist Amid Fragile Ceasefire

Casualties Mount in Lebanon as Israeli Airstrikes Persist Amid Fragile Ceasefire

Lebanon says 4,175 people have been killed and over 12,000 injured since Israeli attacks began in Ma
June 23, 2026 10:05 a.m. 1549
Sprinkler Malfunction Interrupts World Cup Match at Gillette Stadium

Sprinkler Malfunction Interrupts World Cup Match at Gillette Stadium

A sprinkler malfunction at Gillette Stadium caused a water leak during halftime of the Iraq vs Norwa
June 17, 2026 5:16 p.m. 1395
Kyiv’s Historic Monastery May Need Two Years for Full Restoration After Strike Damage

Kyiv’s Historic Monastery May Need Two Years for Full Restoration After Strike Damage

Kyiv’s historic Pechersk Lavra monastery suffered major damage in a recent attack, and repairs could
June 17, 2026 12:11 p.m. 1492
Vozinha Becomes World Cup Hero After Spain Masterclass

Vozinha Becomes World Cup Hero After Spain Masterclass

Cape Verde goalkeeper Vozinha stunned Spain with a brilliant display in a historic World Cup draw, g
June 16, 2026 10:52 a.m. 1961
India A-Sri Lanka A Clash Sparks Vaibhav Controversy

India A-Sri Lanka A Clash Sparks Vaibhav Controversy

Young India A batter Vaibhav Sooryavanshi was involved in a heated altercation after Sri Lanka A's S
June 16, 2026 10:24 a.m. 1333
Rashmika's Sweet Gesture For Vijay Goes Viral Online

Rashmika's Sweet Gesture For Vijay Goes Viral Online

Rashmika Mandanna was seen helping Vijay Deverakonda during a scholarship event in Telangana, sparki
June 15, 2026 6:13 p.m. 1336
Nine Killed as Russian Shelling Hits Kyiv and Kharkiv

Nine Killed as Russian Shelling Hits Kyiv and Kharkiv

Russian attacks on Kyiv and Kharkiv leave nine dead and dozens injured, including rescue workers and
June 15, 2026 2:51 p.m. 1216