Emaar, The Economic City

Emaar, The Economic City

Emaar, The Economic City

Overview
Date Founded

2006

Headquarters

4652 - Baylasun Unit No. 1,King Abdullah Economic City,Jeddah, Mecca 23965-7461

Type of Company

Public

Industries

Real Estate

Company Description

Emaar, The Economic City engages in property development activities in the economic and other zones. Its activates include infrastructures, promotion, marketing, sale & transfer of land, development of buildings, and construction on behalf of other parties. The company was founded on September 21, 2006 and is headquartered in Jeddah, Saudi Arabia.

Executives & Employees

Managing Director & Chief Executive Officer

Deputy Chief Executive Officer

Chief Financial Officer

Chief Corporate Affairs Officer & General Counsel

Chief Commercial Officer

Chief Information Officer

Chief Executive Officer-Commercial Development

Chief Executive Officer-Real Estate

Head of Masterplanning

Senior Director-Human Resources

Board of Directors

Founding Member at Emaar Properties PJSC

Former Director General at Saudi Arabian Airlines Corp.

Senior Vice President at Dallah Al Baraka Group

Chief Executive Officer at King Abdullah Economic City

Vice Chairman, President & Chief Executive Officer at Starling International Management Ltd.

Former General Manager at The Saudi Investment Bank

Group Chief Executive Officer at Dubai World Corp.

Head of Internal Audit at Emaar, The Economic City

Paths to Emaar, The Economic City
Potential Connections via
Relationship Science
You
Emaar, The Economic City
Owners & Shareholders
Details Hidden

First Abu Dhabi IM is an active, long-term manager which performs in-house research to invest in a range of funds and provide discretionary and non-discretionary portfolio management services.Through their fixed-income fund, they aim to capture short-term trading opportunities (typically held for a period of 6 months) arising primarily in UAE equities, while reducing directional downward risk in the underlying markets. The fund is also able to invest in the MENA markets. They seek short-term returns via sector rotation, stock picking and cost-effective trading.The firm's Exchange Traded Fund seeks to provide long-term capital appreciation by replicating the performance of Dow Jones UAE 25Total Return Index of leading stocks traded in the UAE, while their NBAD growth funds aim to achieve short- and long-term investment growth, within acceptable levels of risk, by investing in a diversified mix of equities, fixed-income and real estate. Their growth funds invest in the MENA and GCC markets and one fund allows up to 20% investment in non-GCC stocks to enable the fund manager to take advantage of additional opportunities in the region and beyond.First Abu Dhabi IM's Islamic fund aims to capture medium- to long-term capital appreciation by investing in Islamic Shariah compliant equities listed in the UAE markets with added exposure to equities listed in the MENA region stock markets.

Details Hidden

First Abu Dhabi IM is an active, long-term manager which performs in-house research to invest in a range of funds and provide discretionary and non-discretionary portfolio management services.Through their fixed-income fund, they aim to capture short-term trading opportunities (typically held for a period of 6 months) arising primarily in UAE equities, while reducing directional downward risk in the underlying markets. The fund is also able to invest in the MENA markets. They seek short-term returns via sector rotation, stock picking and cost-effective trading.The firm's Exchange Traded Fund seeks to provide long-term capital appreciation by replicating the performance of Dow Jones UAE 25Total Return Index of leading stocks traded in the UAE, while their NBAD growth funds aim to achieve short- and long-term investment growth, within acceptable levels of risk, by investing in a diversified mix of equities, fixed-income and real estate. Their growth funds invest in the MENA and GCC markets and one fund allows up to 20% investment in non-GCC stocks to enable the fund manager to take advantage of additional opportunities in the region and beyond.First Abu Dhabi IM's Islamic fund aims to capture medium- to long-term capital appreciation by investing in Islamic Shariah compliant equities listed in the UAE markets with added exposure to equities listed in the MENA region stock markets.

Recent Transactions
Details Hidden

Emaar, The Economic City issued Ordinary Shares

Transaction Advisors
Legal Advisor

Advised onEmaar, The Economic City issued Ordinary Shares

Auditor

Advised onEmaar, The Economic City issued Ordinary Shares

Manager

Advised onEmaar, The Economic City issued Ordinary Shares

Key Stats and Financials As of 2017
Market Capitalization
$11.6B
Total Enterprise Value
$17.9B
Earnings Per Share
$0.28
Revenue
$1.44B
Net Profit
$241M
Total Equity
$8.01B
Enterprise Value Sales
12.44x
Enterprise Value EBITDAOperating
30.48x
TEVNet Income
74.26x
Debt TEV
0.45x
Three Year Compounded Annual Growth Rate Of Revenue
10.55%
Five Year Compounded Annual Growth Rate Of Revenue
21.41%
Total Debt
$8B
EBITDAMargin
40.81%
EBITDA
$587M
This web site is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by Emaar, The Economic City. The use of any trade name or trademark is for identification and reference purposes only and does not imply any association with the trademark holder. The Presence of Emaar, The Economic City's profile does not indicate a business or promotional relationship of any kind between RelSci and Emaar, The Economic City.