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Emaar Development announces new chairman, Alabbar to remain in executive role 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP Adnan Kazim has been named as its new chairman in line with regulatory requirements December 20, 2020 Dubai-based Emaar Development – part of Emaar Properties, has appointed Adnan Kazim – the chief commercial officer at Emirates airline – as its new chairman, it revealed in a bourse statement on Sunday. The company, listed on the Dubai Financial Market (DFM), said that foun...

Adnan Kazim Currently Kazim is the Chief Commercial Officer (CCO) of Emirates Airline and is responsible for worldwide Commercial Operations, e-Commerce, the Emirates Skywards loyalty programme and Emirates SkyCargo. Kazim joined Emirates in 1992 as a Management Trainee and has successfully led the airline’s commercial operations in major markets such as the UAE, Switzerland, Pakistan and East Africa. Dr. Aisha Bint Butti Bin Bishr Dr. Bin Bisher is Director General of the Smart Dubai Office, the government entity entrusted with Dubai’s city-wide smart transformation. She leads the crea...

Generous with their gains An analysis of aggregate dividends of listed companies during the period from 2010 to 2019 gives us insights about the sectoral and individual dividend champions of UAE. In 2019, total dividends paid by listed companies rose to Dh39.94 billion from Dh11.90 billion in 2010, an increase of 235 per cent and which is remarkable. In 2019, the largest dividend-paying sector was banking, which paid Dh18.19 billion, followed by telecom with Dh10.11 billion. Real estate companies parted with Dh6.67 billion, while oil and gas gave Dh2.03 billion to shareholders. Property shine...

Emaar Properties recent announcement of a temporary stoppage to new construction should be positive for the entire UAE real estate sector. This could gradually improve the pricing scenario as supply is curbed and thereby make the sector more attractive for investors. The Dubai Land Department numbers show transactions of villas and townhouses is on the mend. In Abu Dhabi, Aldar's residential community 'Noya' on Yas Island was sold out in four hours. Of the Dh1 billion in sales, almost 40 per cent was sold to non-UAE nationals. Nonetheless, let us take a look at how the big listed companies ...

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