Emaar Properties PJSC (DFM: EMAAR) has released its financial results for the first half of 2023, showcasing consistent performance and operational efficiency across its various businesses.

On December 31st 2022, one of the world’s most recognisable landmarks, Burj Khalifa by Emaar, will be illuminated by a spectacular laser and firework show for Emaar New Year’s Eve celebrations – turning the iconic tower into a shining beacon of hope, happiness and harmony for 2023.

Emaar Properties announced it would fully acquire Dubai Creek Harbour, the major development located along the historic Dubai Creek waterfront, from Dubai Holding for a consideration of AED 7.5 billion to be paid equally in cash and shares of Emaar Properties PJSC, thus making Dubai Holding the second largest shareholder of Emaar.

Emaar aims to capture key locations within Dubai and the UAE through the expansion of its hospitality brands, including Address and Vida. Its brands are also expanding their footprint across the region, including Bahrain, Egypt, and Saudi Arabia.

Emaar Hospitality Group has announced it will bring its opulent Palace brand to Fujairah. The opening of Palace Beach Resort Fujairah this quarter comes as part of the Dubai group’s expansion programme in the emirate.

Breaking Travel News catches up with Mark Kirby, head of hospitality for Emaar Hospitality, at the Arabian Hotel Investment Conference in Dubai. He tells us about a number of exciting new openings and his hopes for the upcoming Expo 2020.