After a long time, he was edited by the repercussions of Corona. >
In an interview with Arabs, Alabar said the figures were promising well despite the difficulties faced by the hotel and commercial centers.
Emaar Real Estate Company revealed important figures on the company's performance in the first quarter of this year, saying the quarterly reconstruction sales reached 6 billion dirhams.
He said the first quarter of 2020, sales of the company saw at 2.5 billion dirhams, because the epidemic did not hit until the third month of the year.
Emaar Properties has recorded revenues of AED 19.71 billion in 2020, a decline of 20%, while its net profit was AED 2.617 billion, down 58% compared to 2019.
The value of real estate sales for AED 10.9 billion, of which was AED 6.32 billion in the UAE.
On overseas expansion plans, I pointed out that Emaar pours its focus on important markets such as India, Egypt and Saudi Arabia, but confirmed that the UAE and Dubai specifically still a major focus due to growth in the emirate, which promises good,
