Dubai began construction work on Monday on a tower that will stand higher than its Burj Khalifa, which is currently the world's tallest skyscraper.
Dubai’s Emaar Properties, builder of the world’s tallest tower, shrugged off a weakening local market to report a 17% increase in first-quarter net profit yesterday as sales rose and its hospitality and retail units also prospered.
Dubai’s Emaar Properties plans to split with its Indian joint venture partner through a demerger process, the emirate’s biggest property developer said yesterday.
