Emaar Properties maintained its pace of spending on construction projects during the year 2018 on the Meed list and ranked among the top ten, at a time when the total size of those projects in the Middle East and North Africa declined. < / p>
Emaar Properties' spending exceeded 1.686 billion dollars (6 billion dirhams) during the aforementioned year, and a second support company was spent with 938 million dollars (3.44 billion dirhams).
The report pointed to a decline in private sector spending in general on construction projects, while government and semi-government institutions topped the list of spending on those projects.
Emaar Properties is one of the most valuable and respected real estate development companies in the world.
The company manages its operations in many global markets and provides an integrated package of development and administrative services.
Emaar posted a profit last year of 7.216 billion dirhams ($ 1.965 billion), up 30% from what was achieved in 2017.
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