Emaar Properties
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Group Project: Emmar Properties in Dubai, UAE
(ENGG938) Engineering Economics
Dr. Raid Al Amour
Summer 2011
By: Ayman ElHalabi ID # 3162758
Fadi Deratani ID # 2462540
Mohammed Al Khanji ID # 3741242
Mohammad Nabil Ibrahim ID # 3517056
Table of Contents
Executive summary 3 Case Description 3 Study Questions 4 Solution Assumptions 4 Scenario Analysis 11 Results Discussion 11 Conclusion & Recommendations 12 References 13
Executive summary
Emaar Properties PJSC is a United Arab Emirates Based company, it is a Public Joint Stock Company (PJSC) listed on the Dubai Financial Market. Emaar was established in 1997 with an initial paid-up capital of AED 1 billion. It is currently one of the Gulf 's largest land and real estate developer. (Wikipedia) With over 60 companies, Emaar 's activities include property investment and development, property management services, education, healthcare, retail and hospitality sectors, as well as investing in financial service providers (Wikipedia).
Emaar Properties has joint ventures and projects across the region covering Algeria, Egypt, India, Indonesia, Morocco, Saudi Arabia, Syria, Turkey, and Tunisia and now heading towards the Americas.
Recently Emaar announced plans to expand the retail sector with investments of over US$4 billion to develop approximately 150 malls in the mega emerging markets of the Middle East, North Africa and the Indian subcontinent.
Since Emaar is the biggest developer in the Gulf region, and since Dubai has announced its interest and already started promoting for the eco- tourism, moreover it has also dedicated a 350-million square meter area as an eco-zone(uaeinteract,2006).
In these Plans, Emaar is considering some investment proposal, one of which is an eco-tourist resort, which we are as a group going to analyze and propose proper recommendations which is the scope of
Group Project: Emmar Properties in Dubai, UAE
(ENGG938) Engineering Economics
Dr. Raid Al Amour
Summer 2011
By: Ayman ElHalabi ID # 3162758
Fadi Deratani ID # 2462540
Mohammed Al Khanji ID # 3741242
Mohammad Nabil Ibrahim ID # 3517056
Table of Contents
Executive summary 3 Case Description 3 Study Questions 4 Solution Assumptions 4 Scenario Analysis 11 Results Discussion 11 Conclusion & Recommendations 12 References 13
Executive summary
Emaar Properties PJSC is a United Arab Emirates Based company, it is a Public Joint Stock Company (PJSC) listed on the Dubai Financial Market. Emaar was established in 1997 with an initial paid-up capital of AED 1 billion. It is currently one of the Gulf 's largest land and real estate developer. (Wikipedia) With over 60 companies, Emaar 's activities include property investment and development, property management services, education, healthcare, retail and hospitality sectors, as well as investing in financial service providers (Wikipedia).
Emaar Properties has joint ventures and projects across the region covering Algeria, Egypt, India, Indonesia, Morocco, Saudi Arabia, Syria, Turkey, and Tunisia and now heading towards the Americas.
Recently Emaar announced plans to expand the retail sector with investments of over US$4 billion to develop approximately 150 malls in the mega emerging markets of the Middle East, North Africa and the Indian subcontinent.
Since Emaar is the biggest developer in the Gulf region, and since Dubai has announced its interest and already started promoting for the eco- tourism, moreover it has also dedicated a 350-million square meter area as an eco-zone(uaeinteract,2006).
In these Plans, Emaar is considering some investment proposal, one of which is an eco-tourist resort, which we are as a group going to analyze and propose proper recommendations which is the scope of
References: 1. Chan S. Park, (2010), Contemporary Engineering Economics. 5th Ed. Pearson Education. 2. Wikipedia the Free Encyclopedia: http://www.wikipedia.org. 3. Paul Harmon, (2003),Business process change, Morgan Kaufmann Publishers http://books.google.com/books?id=euxPyVF8s2oC&printsec=frontcover&source=gbs_ge_summary_r&cad=0#v=onepage&q&f=false (viewed on 5/7/2011) 4. www.uaeinteract.com, Dubai to promote for eco-tourism, web[ http://www.uaeinteract.com/docs/Dubai_to_promote_eco-tourism/20904.htm]; (accessed on 09,07,2011)