Totally Covered

Emaar chief: Insurance to cover loss of revenue due to the Address Downtown fire BY LEILA HATOUM Dubai’s real estate developer, Emaar Properties PJSC “will not” suffer from financial losses, after a fire engulfed its iconic downtown Address Hotel on New Year’s Eve, and the company is adamant at “restoring the hotel to its former

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Dubai’s Emaar Properties Hires Contractor to Restore Fire-Ravaged Hotel

DUBAI, Jan 3 – Dubai’s Emaar Properties has hired a local contractor to restore a fire-damaged hotel, stating on Sunday the New Year blaze would have “no material impact” on the company because the building and risk of fire are covered by its insurance. Fire engulfed Emaar’s 63-storey Address Downtown luxury hotel and residential tower

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On Solid Ground

Kashmir promotes promising investment opportunities BY Arfa Shahid Dubai’s real estate developer, Emaar, is eyeing possible investment opportunities in India’s Kashmir region, a top Kashmir official told Newsweek Middle East. In an exclusive interview with the Finance Minister of Jammu and Kashmir (Jnk), Haseeb Drabu, the minister said he held “talks” with Emaar’s chief over

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