Latest news with #Emaar
Arab News
20 hours ago
- Business
- Arab News
Closing Bell: Saudi main index closes in red at 10,825
RIYADH: Saudi Arabia's Tadawul All Share Index dipped on Sunday, losing 165.14 points, or 1.50 percent, to close at 10,825.27. The total trading turnover of the benchmark index was SR4.27 billion ($1.13 billion), as 31 of the listed stocks advanced, while 215 retreated. The MSCI Tadawul Index decreased by 21.69 points, or 1.55 percent, to close at 1,382.11. The Kingdom's parallel market Nomu dipped, losing 140.52 points, or 0.52 percent, to close at 26,669.23. This comes as 20 of the listed stocks advanced while 61 retreated. The best-performing stock was Emaar The Economic City, with its share price surging 3.91 percent to SR13.28. Other top performers included Sinad Holding Co., which saw its share price rise by 2.56 percent to SR10.42, and Alkhaleej Training and Education Co., which saw a 2.22 percent increase to SR25.35. The shares of Al Yamamah Steel Industries Co. and Morabaha Marina Financing Co. also rose by 2.19 percent and 1.85 percent to SR30.30 and SR11, respectively. On the downside, United Carton Industries Co. was the day's weakest performer, with its share price declining 9.31 percent to SR40.90. Raydan Food Co. and Makkah Construction and Development Co. also saw declines, with their shares dropping by 8.04 percent and 7.02 percent to SR13.50 and SR90, respectively. Moreover, the shares of Gulf Insurance Group and Saudi Fisheries Co. dipped by 6.54 percent and 5.94 percent to SR24.02 and SR95, respectively. On the parallel market, Digital Research Co. led the gains, with its share price rising 13.02 percent to SR59.90. Future Care Trading Co. and Saudi Parts Center Co. also saw a positive change, with their shares increasing by 9.32 percent and 7.14 percent to SR3.52 and SR45, respectively. Conversely, Amwaj International Co. was the weakest performer on Nomu, with its share price falling 9.78 percent to close at SR36.90. Fad International Co. and Dar Almarkabah for Renting Cars Co. followed with decreases of 9.42 percent and 9.26 percent to SR76 and SR2.45, respectively.
Zawya
a day ago
- Business
- Zawya
Aeon & Trisl named Emaar's top broker for Q1 2025, secures 7th consecutive win
Dubai, UAE – Aeon & Trisl Real Estate Group has been awarded the title of Emaar ' s No. 1 broker for Q1 2025, marking its seventh consecutive quarter as the top-performing sales partner. The achievement highlights the brokerage's consistent performance across key developments, further solidifying its position in Dubai's dynamic real estate market. At the forefront of this performance is Mr. Sikander Aziz, who once again secured the position of Emaar ' s Top Individual Seller for 2024 and Q1 2025. Renowned for his deep market expertise and investor-centric approach, Mr. Aziz continues to lead with consistency, bridging global buyer expectations with regional opportunity. Backing this momentum is Mr. Saleem Karsaz, Group CEO of Aeon & Trisl, whose leadership continues to shape the firm's growth. His strategic vision, integrity, and global mindset have been instrumental in building the company's strong reputation and long-term developer partnerships. 'Sikander's global outlook gives him an unmatched edge in understanding evolving buyer expectations and market dynamics,' said Mr. Karsaz. 'This recognition reflects not just outstanding sales – it reflects leadership rooted in purpose, precision, and vision. We're not in the business of selling square feet. We're in the business of shaping futures.' Aeon & Trisl's reach extends across key markets in the UAE, UK, and Pakistan, with the firm consistently delivering strong results across major Emaar projects. The achievement comes amid strong investor demand across Emaar's key master developments, including Dubai Hills Estate, Dubai Creek Harbour, The Valley, Emaar South, and the recently launched Grand Polo Club & Resort and Palace and Address Branded Villas at The Oasis. Aeon & Trisl has consistently delivered high conversion rates and sales velocity across both domestic and overseas markets. As Dubai's real estate market continues to evolve under Vision 2033, Aeon & Trisl remains well-positioned to lead across off-plan, luxury, and commercial segments — driven by data, global connectivity, and deep local expertise. About Aeon & Trisl Aeon & Trisl Real Estate Group is a leading real estate brokerage with a global footprint and over a decade of experience in the UAE property market. The firm specialises in off-plan sales, luxury residential developments, and investment consultancy. As a strategic partner to major developers including Emaar, DAMAC, Nakheel, and Dubai Properties, Aeon & Trisl offers expert guidance across commercial, residential, and mixed-use portfolios. For more information, please visit their website. For Media Enquiries: contact@
Hindustan Times
3 days ago
- Business
- Hindustan Times
Adani, Emaar said to cease talks on Indian real estate unit sale
(Bloomberg) --Billionaire Gautam Adani's real estate division has decided against buying the Indian unit of Dubai-based developer Emaar Group due to disagreements on valuation, according to people familiar with the matter. The Adani family and Emaar had been in talks for a sale of Emaar India Ltd. at an enterprise value of $1.4 billion, Bloomberg News reported in March. Two months prior, Emaar said it was in discussions with potential buyers in India, including Adani. The negotiations with Adani hit a snag because the two parties couldn't reach a consensus on value, the people said, asking not to be identified because the talks were private. Negotiations may resume at some point, the people said. A representative for Adani didn't have an immediate comment. Emaar didn't respond to requests for comment. A deal could've helped expand Adani's Indian real estate portfolio, which covers 24 million square feet of property and another 61 million under development, according to Adani Realty's website. --With assistance from Zainab Fattah. More stories like this are available on ©2025 Bloomberg L.P.
Time of India
3 days ago
- Business
- Time of India
Adani Realty, Emaar Group said to cease talks on Indian real estate unit sale
Billionaire Gautam Adani's real estate division has decided against buying the Indian unit of Dubai-based developer Emaar Group due to disagreements on valuation, according to people familiar with the matter. The Adani family and Emaar had been in talks for a sale of Emaar India Ltd. at an enterprise value of $1.4 billion, Bloomberg News reported in March. Two months prior, Emaar said it was in discussions with potential buyers in India, including Adani. The negotiations with Adani hit a snag because the two parties couldn't reach a consensus on value, the people said, asking not to be identified because the talks were private. Negotiations may resume at some point, the people said. A representative for Adani didn't have an immediate comment. Emaar didn't respond to requests for comment. A deal could've helped expand Adani's Indian real estate portfolio, which covers 24 million square feet of property and another 61 million under development, according to Adani Realty 's website.
Time of India
3 days ago
- Business
- Time of India
Adani, Emaar said to cease talks on Indian real estate unit sale
Billionaire Gautam Adani 's real estate division has decided against buying the Indian unit of Dubai-based developer Emaar Group due to disagreements on valuation, according to people familiar with the matter. The Adani family and Emaar had been in talks for a sale of Emaar India Ltd. at an enterprise value of $1.4 billion, Bloomberg News reported in March. Two months prior, Emaar said it was in discussions with potential buyers in India, including Adani. The negotiations with Adani hit a snag because the two parties couldn't reach a consensus on value, the people said, asking not to be identified because the talks were private. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Play War Thunder now for free War Thunder Play Now Undo Negotiations may resume at some point, the people said. A representative for Adani didn't have an immediate comment. Emaar didn't respond to requests for comment. Live Events A deal could've helped expand Adani's Indian real estate portfolio, which covers 24 million square feet of property and another 61 million under development, according to Adani Realty 's website.
