Emaar Properties PJSC (DFM: EMAAR) reported strong financial results for the first nine months of 2024, with total revenues of AED 23.8 billion and a net profit before tax of AED 12.4 billion, driven by robust demand in Dubai’s real estate market and consistent project execution. Emaar’s property sales reached AED 50 billion, with a revenue backlog of over AED 100 billion, while its international operations contributed 7% of total revenue. Additionally, Emaar’s hospitality, leisure, and entertainment divisions saw a 7% revenue growth, supported by the tourism industry and domestic spending.
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EU assessment finds significant obstructive factors undermine humanitarian operations in Gaza
An EU official reported that the humanitarian situation in Gaza remains dire despite some improvements in fuel delivery and routes, as well as increased aid truck entries and infrastructure repairs. However, significant obstacles persist, primarily the lack of a safe environment for large-scale aid distribution. Want More Context? 🔎
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