In 2024, Emaar Properties PJSC achieved record property sales of ~AED 70 billion, marking a 72% increase from the previous year, with a revenue backlog exceeding AED 110 billion. The company reported revenue growth of 33% to AED 35.5 billion and net profit before tax increased by 25% to AED 18.9 billion, reflecting a strong performance driven by operational efficiency, customer focus, and business expansion. Emaar Development PJSC also saw significant growth in property sales, revenue, and profitability in the UAE market, with revenue backlog reaching AED 102.7 billion, showcasing a positive outlook for continued success in 2025.
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Jordan shuts local branch of Muslim Brotherhood after arrests | Jordan
Jordan's interior ministry announced the closure of the Jordanian branch of the Muslim Brotherhood and banned its ideology and membership, following the arrest of 16 members accused of plotting attacks. Interior Minister Mazen Farraya linked the ban to alleged activities threatening national security, including attempts to destroy documents during the arrests. Despite the ban, the Islamic Action Front (IAF) plans to continue its work, asserting compliance with Jordanian law, while rights groups express concern over...
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