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Emaar Properties wins Best Developer Award
Published in The Saudi Gazette on 07 - 10 - 2008

Emaar Properties, the global property developer, has been adjudged Best Developer in the Middle East and North Africa (MENA) region at the Euromoney Liquid Real Estate Awards. Emaar won six awards in all, including awards for Best Developer in the UAE, and for Best Residential and Best Mixed-Use Developer in the MENA region and the UAE.
Euromoney Liquid Real Estate Awards honor the world's leading developers for their commitment to industry best practices in overall project management and strong investor relations and corporate governance practices, as reflected in the company's financial fundamentals. Euromoney Liquid Real Estate is a publication focused on international real estate financial markets, and the winners are selected from a global poll amongst industry professionals.
Arif Amiri, senior director - Investor Relations and Corporate Governance, Emaar Properties, said: “The Euromoney Liquid Real Estate Awards are a reiteration of Emaar's thought-leader position in the real estate sector of the MENA region. Emaar is recognized as the pioneer of master-planned communities, and leveraging on the strength of forward-looking government policies, continues to explore growth options in developed and emerging markets.”
He added: “The driving force in Emaar's global expansion has been a sustained focus on maximizing value for our stakeholders through best practices in investor relations and corporate governance. As we go global, it is imperative that we inculcate international standards that enhance investor trust and build the basis for a fundamentally strong company. The Euromoney Liquid Real Estate Awards are recognitions from the real estate industry peers for the financial and developmental track-record we have built for the company.”
Introducing the concept of master-planned communities in Dubai with path-breaking projects such as Emirates Living, Dubai Marina, Arabian Ranches and Downtown Burj Dubai, Emaar expanded geographically and into new businesses such as education, healthcare, financial services, shopping malls and hospitality & leisure. This was in line with its Vision 2010 to become one of the most valuable companies in the world.


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