Emaar Contributed Over US$ 1 Billion to Elevate Dubai's Global Brand and Visitor Experience - Middle East Business News and Information
Continued Annual Contributions of Over US$ 50 Million to Sustain and Modernise Globally Renowned Events and Attractions
Strong Focus on Local Community Impact Through Community Initiatives and Sponsorships
Dubai, United Arab Emirates: Emaar, the master developer behind Dubai's most iconic landmarks, has invested over US$ 1 billion in shaping and enhancing the city's global identity. This cumulative contribution underscores the company's long-standing commitment to reinforcing Dubai's international standing through cutting-edge experiences, vibrant cultural platforms, and landmark social infrastructure.
From creating and operating Dubai Fountain—the world's largest choreographed fountain—and producing the internationally acclaimed New Year's Eve celebrations at Burj Khalifa, to enabling the launch and continued success of Dubai Opera as the region's cultural epicentre, Emaar has consistently raised the bar in enriching Dubai's urban and cultural fabric.
These signature experiences are sustained and enhanced through ongoing annual investments exceeding US$ 50 million, covering not only the operation and maintenance of key attractions, but also the evolution of immersive technologies and entertainment formats. This includes the modernisation of Burj Khalifa's façade with next-generation lighting and projection systems, enabling captivating narratives that reach millions of viewers globally.
In addition to its physical contributions, Emaar continues to champion inclusive growth and community wellbeing. Through the Emaar Foundation, the company supports a wide range of local causes—from charitable housing and development programmes to national sports and cultural sponsorships—demonstrating its integral role in nurturing both city and society.
'Emaar's journey has always been rooted in a vision that transcends construction—it is about crafting experiences that inspire, unite, and leave a lasting impact,' said Mr. Mohamed Alabbar, Founder of Emaar. 'Our investments are a testament to our belief in Dubai's limitless potential, and we are proud to play a key role in defining its global narrative.'
Emaar's commitment to excellence, innovation, and community empowerment continues to drive progress, shaping Dubai's future as a leading global hub. With bold ideas and sustained contributions, the company is poised to play an even greater role in defining the city's next chapter as it strives to become one of the most admired destinations in the world.
About Emaar Properties:
Emaar Properties PJSC, listed on the Dubai Financial Market, is a global property developer and provider of premium lifestyles, with a significant presence in the Middle East, North Africa, and Asia. One of the world's largest real estate companies, Emaar has a land bank of ~1.7 billion sq. ft. in the UAE and key international markets.
With a proven track-record in delivery, Emaar has delivered over 118,400 residential units in Dubai and other global markets since 2002. Emaar has strong recurring revenue-generating assets with approx. 1.4 million sq. mtr. of leasing revenue-generating assets and 38 hotels and resorts with around 9,200 keys (includes owned as well as managed hotels). Today, 34 percent of Emaar's revenue is from its shopping malls, hospitality, leisure, entertainment, commercial leasing, and international businesses.
Burj Khalifa, a global icon, Dubai Mall, the world's most-visited retail and lifestyle destination, and Dubai Fountain, the world's largest performing fountain, are among Emaar's trophy destinations.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Mid East Info
2 days ago
- Mid East Info
Kaizen AI, a quiet disruptor, is set to transform US$654.39 trillion global real estate market with Artificial Intelligence
UAE property developers could increase their profits by more than 10 percent from projects, without making major changes to the designs from start-up Kaizen AI's proprietary technology, which is entering the UAE and GCC real estate and construction sectors to help the industry News Highlights: 1. The global real estate market is projected to reach US$654.39 trillion by 2025, with residential real estate accounting for US$534.37 trillion; 2. Kaizen AI's proprietary technology offers more than 10 percent cost savings by optimising projects; 3. With over 150 projects optimised across seven countries and US$5.4 billion in added value, Kaizen AI is rapidly gaining recognition as one of the most impactful players in global proptech; 4. An estimated US$590 billion worth of projects are being constructed in the UAE, which is 15 percent of the overall Middle East and North Africa total project pipeline value of US$3.9 trillion. As the GCC real estate landscape continues to evolve, one company is emerging as a game-changer—quietly, yet powerfully. Kaizen AI, an India-born proptech startup, is redefining the economics and sustainability of large-scale real estate development through Artificial Intelligence (AI). With over 150 projects optimised across seven countries and US$5.4 billion in added value, Kaizen AI is rapidly gaining recognition as one of the most impactful players in global proptech — and one to watch closely in the UAE. The global real estate market is projected to reach US$654.39 trillion by 2025, with residential real estate accounting for US$534.37 trillion, according to market intelligence firm Statista. With a steady Compound Annual Growth Rate (CAGR) of 2.69 percent, the market is expected to surpass US$727 trillion by 2029. An estimated US$590 billion worth of projects are being constructed in the UAE, which is 15 percent of the overall Middle East and North Africa total project pipeline value of US$3.9 trillion. In this massive and increasingly competitive landscape, Kaizen AI empowers developers and architects to unlock millions in added value—using advanced AI to optimise space planning, reduce costs, and improve project efficiency without compromising design intent. The company's expansion into the GCC region, including Dubai, Ras Al Khaimah, Muscat, and Riyadh, marks a new chapter for the firm, whose platform has already delivered an average 10.26 percent increase in project value for leading developers. These results are achieved without altering the architect's design intent, making Kaizen AI a seamless and scalable solution for design and planning optimisation. 'Our goal is simple: to maximise profitability, enhance sustainability, and help developers and architects make smarter, faster design decisions using AI,' said Jay Shah, Founder and CEO of Kaizen AI. Kaizen AI's platform leverages multi-parameter optimisation to analyse and improve a wide range of design variables—from built-up area and efficiency ratios to cost and carbon footprint—delivering tangible ROI for clients. In one example, Kaizen AI helped Godrej Properties, India's largest real estate developer, reduce costs by 15.4 percent, while also unlocking significant environmental gains. In total, the company has helped reduce 5.67 million square feet of constructed area and saved 712 million metric tonnes of CO₂—the equivalent of grounding all commercial flights globally for eight months. The firm has gained the trust of 8 of the 10 largest real estate developers in India, and is now working with multiple publicly listed companies across the U.S., Southeast Asia, and the Middle East. With its entry into the UAE, Kaizen AI is targeting partnerships with developers, architects, and cost consultants who are ready to embrace data-driven efficiency and future-forward planning. Jay Shah, who studied AI optimization during his graduate studies at Columbia University in New York, spent over a decade as an architect on large-scale global projects before founding Kaizen AI. This blend of technical expertise and real-world design experience sets Kaizen apart in a space often dominated by theory-heavy, impractical tools. 'We're not here to replace anyone—we're here to amplify the capabilities of entire project teams,' says Jay Shah. 'For developers, we unlock millions in hidden profitability by helping make smarter, faster decisions at the earliest stages—before a single brick is laid. For architects, we provide data-backed design scenarios that preserve creative intent while meeting commercial and environmental goals. The built environment is one of the largest contributors to climate change and capital expenditure. With Kaizen, we're enabling stakeholders to build not just more profitably—but more responsibly.' Unlike many AI ventures that rely on speculative valuations and VC capital, Kaizen AI runs on a performance-based, fee-for-service model—charging a percentage of the value it creates. This approach has made even the most traditional real estate players eager adopters. As the UAE and wider GCC continue to prioritize sustainable development, smart cities, and innovation-led infrastructure, Kaizen AI is poised to become a powerful enabler for the region's ambitious vision. About Kaizen AI: Kaizen AI is a cutting-edge proptech company at the intersection of architecture, artificial intelligence, and sustainability. Purpose-built for developers, architects, and cost consultants, Kaizen's platform enables data-driven decision-making from the earliest stages of design. By simulating thousands of design possibilities in minutes, Kaizen AI helps project teams unlock hidden profitability, reduce environmental impact, and accelerate approvals. Headquartered in India and expanding rapidly across the GCC and global markets, Kaizen AI is redefining how real estate is planned, optimized, and built.


Egypt Independent
3 days ago
- Egypt Independent
Egypt looks forward to establishing American industrial zone in Suez Canal: Sisi
Egyptian President Abdel Fattah al-Sisi on Monday received a delegation of US businessmen participating in the Egyptian-US Economic Forum held in Cairo. The President expressed Egypt's readiness to cooperate with the US business community and investors in all economic fields of mutual interest, in light of US President Trump's support towards enhancing cooperation between Egyptian and American companies. Sisi affirmed that Egypt looks forward to establishing a US industrial zone in the Suez Canal Economic Zone and emphasized that the country is ready to provide all the necessary facilities to American investors. The delegation was headed by CEO and President of the US Chamber of Commerce Suzanne Clark, and the Chairman of the US-Egypt Business Council and CEO of Apache Corporation John Christmann. The Spokesperson for the Egyptian Presidency, Mohamed al-Shennawy, said the President first met with Clark and Christmann before being joined by the members of the delegation. President Sisi noted that investing in Egypt is a promising opportunity for any investor, as it enjoys both political and societal stability based on the awareness of citizens and their resilience in enduring the major and harsh economic reforms that were implemented to achieve public interest, especially in light of regional disturbances. Egypt is looking forward to becoming a major industrial hub for American industries, and seeks to also serve as a large market and gateway to the Arab region and the African continent, owing to the strong ties Egypt shares with the continent's countries. Fruitful US cooperation Clark noted that the delegation's visit to Egypt confirms the strength and solidity of the strategic alliance between Egypt and the USA. She explained that American companies operating in Egypt have achieved significant successes and contributed to the development process in Egypt, and are considered a model to be emulated in the success of cooperation between the two countries, similar to the Apache Corporation. This was highly valued by President Sisi, who expressed his appreciation for the success of Apache's business in Egypt and the expansion of its scope of work. The meeting was also attended by Prime Minister Mostafa Madbouly, Deputy Prime Minister for Industrial Development and Minister of Industry and Transport Kamel al-Wazir, Minister of Planning, Economic Development and International Cooperation Rania al-Mashat, Minister of Foreign Affairs, Emigration and Egyptian Expatriates Badr Abdelatty and Minister of Investment and Foreign Trade Hassan al-Khatib.


Mid East Info
3 days ago
- Mid East Info
Dubai Chamber of Digital Economy highlights the advantages of Dubai's digital business ecosystem to 56 European companies and welcomes around 600 visitors during GITEX Europe
Dubai Chamber of Digital Economy invited digital businesses from Germany and across Europe to take part in Expand North Star 2025 in Dubai, the world's largest event for startups and investors. The Chamber held discussions with 35 investors and 28 ecosystem partners to explore opportunities for collaboration in the digital economy and innovation fields. Dubai, UAE – Dubai Chamber of Digital Economy, one of the three chambers operating under the umbrella of Dubai Chambers, successfully concluded its participation as the official Digital Ecosystem Partner at GITEX Europe recently, which took place recently in Berlin. As part of its efforts to showcase the extensive growth opportunities across advanced technology sectors in Dubai, the chamber held meetings with 56 European companies during the exhibition. These included three unicorn companies and 21 digital firms each generating annual revenues of over US$ 100 million. Discussions focused on the unique advantages of Dubai's digital business ecosystem, with participants representing a wide range of digital sectors. The chamber also hosted a roundtable discussion with 35 investors and 28 digital ecosystem partners from Germany and across Europe, aimed at exploring new avenues for collaboration in the fields of digital economy and innovation. The chamber's participation came as part of its broader efforts to reinforce Dubai's position as a leading global hub for the digital economy. It also provided a valuable platform to showcase the emirate's world-class infrastructure, competitive advantages, and considerable growth opportunities for entrepreneurs and international businesses, particularly those from Europe seeking to expand into the Dubai market. Dubai Chamber of Digital Economy's stand at GITEX Europe welcomed around 580 visitors, offering them insights into Dubai's comprehensive value proposition as a global hub for digital businesses and entrepreneurs. Attendees also had the opportunity to learn more about the chamber's key initiatives, including the Business in Dubai platform, an innovative gateway that supports digital companies in establishing or growing their presence in the emirate through tailored services and business matchmaking. During the exhibition, the chamber actively promoted participation in Expand North Star 2025, encouraging digital startups from Germany and across Europe to join the world's largest event for startups and investors, which will take place in Dubai this October. Organised by Dubai World Trade Centre and hosted by Dubai Chamber of Digital Economy, the event offers an exceptional platform for companies seeking global exposure and funding opportunities. As part of the GITEX Europe programme, a startup pitch competition was held, resulting in Czech firm Battery Check and Portuguese company Wise World being selected for fully sponsored participation at Expand North Star 2025, courtesy of Dubai Chamber of Digital Economy. To further highlight the opportunities available in Dubai's innovation ecosystem, the chamber hosted three Dubai-based companies at its stand. These included CAFU, a leading digital platform offering on-demand vehicle services; Moove, a mobility fintech that empowers ride-hailing and logistics entrepreneurs through revenue-based vehicle financing; and Dub Dev Technologies, a tech company delivering AI, IoT, and simulation solutions. About: Dubai Chamber of Digital Economy, one of three chambers operating under the umbrella of Dubai Chambers, aims to strengthen Dubai's position as a global leader in the digital economy; attract specialised talent, leading companies, and new investments; and create a stimulating environment that supports the growth of digital companies. The chamber was established by a decree issued by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai.