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Eagle Hills Properties
Eagle Hills is a private real estate investment and development company based in Abu Dhabi, United Arab Emirates. The company is headed by Mohamed Alabbar, founder and chairman of Emaar Properties. History Eagle Hills was established in 2014 in United Arab Emirates. In April 2016, Eagle Hills unveiled The Address Fujairah Resort + Spa. In 2016, Eagle Hills partnered with local developer Diyar Al Muharraq to form Eagle Hills Diyar. As part of the Marassi Al Bahrain development, Eagle Hills Diyar launched Marassi Shores Residences in January 2016, Marassi Galleria in May 2016, Marassi Boulevard in January 2017, and Marassi Beach in March 2017. In April 2017, Eagle Hills announced the launch of a new mixed-use development in Fujairah city called Fujairah Beach. In January 2018, Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, unveiled three new projects in Sharjah — Maryam Island, Kalba Waterfront and Palace Al Khan. The projects have a combined value ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ''Forbes'' survey of closely held U.S. businesses sold a trillion dollars' worth of goods and service ...
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Real Estate
Real estate is property consisting of land and the buildings on it, along with its natural resources such as crops, minerals or water; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general."Real estate": Oxford English Dictionary online: Retrieved September 18, 2011 In terms of law, ''real'' is in relation to land property and is different from personal property while ''estate'' means the "interest" a person has in that land property. Real estate is different from personal property, which is not permanently attached to the land, such as vehicles, boats, jewelry, furniture, tools and the rolling stock of a farm. In the United States, the transfer, owning, or acquisition of real estate can be through business corporations, individuals, nonprofit corporations, fiduciaries, or any legal entity as seen within the law of each U.S. state. History of real estate The natural right of a person ...
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Mohamed Alabbar
Mohamed Alabbar ( ar, محمد علي العبار), (born November 8, 1956) is an Emirati businessman who is best known as the founder of Emaar Properties, the developer of assets such as the Burj Khalifa and the Dubai Mall, as well as the chairman of Eagle Hills, an Abu Dhabi-based private investment and real estate development company. Alabbar is also a co-founder of Noon.com, an e-commerce company and the chairman of Americana Group, in food industries. Early life Mohamed Alabbar was born in Dubai and is the eldest of 12 children. His father was the captain of a traditional trading vessel known as a dhow and raised his children in the Rashidiya area of Dubai. In the 1970s, Alabbar received a government scholarship to study finance and business administration from The Albers School of Business and Economics at Seattle University. Alabbar graduated from Seattle University in 1981 with a degree in Business Administration. He also received an honorary doctoral degree in hum ...
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Abu Dhabi
Abu Dhabi (, ; ar, أَبُو ظَبْيٍ ' ) is the Capital city, capital and List of cities in the United Arab Emirates, second-most populous city (after Dubai) of the United Arab Emirates. It is also the capital of the Emirate of Abu Dhabi and the centre of the Abu Dhabi Central Capital District, Abu Dhabi Metropolitan Area. The city of Abu Dhabi is located on an island in the Persian Gulf, off the Central West Coast. Most of the city and the Emirate reside on the mainland connected to the rest of the country. , Abu Dhabi's urban area had an estimated population of 1.5 million, out of 2.9 million in the emirate of Abu Dhabi, as of 2016. The Abu Dhabi Investment Authority is headquartered in the city, and was the Sovereign wealth fund#Largest sovereign wealth funds, world's 5th largest sovereign wealth fund in 2021. Abu Dhabi itself has over a trillion US dollars worth of assets under management in a combination of various List of countries by sovereign wealth f ...
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United Arab Emirates
The United Arab Emirates (UAE; ar, اَلْإِمَارَات الْعَرَبِيَة الْمُتَحِدَة ), or simply the Emirates ( ar, الِْإمَارَات ), is a country in Western Asia ( The Middle East). It is located at the eastern end of the Arabian Peninsula and shares borders with Oman and Saudi Arabia, while having maritime borders in the Persian Gulf with Qatar and Iran. Abu Dhabi is the nation's capital, while Dubai, the most populous city, is an international hub. The United Arab Emirates is an elective monarchy formed from a federation of seven emirates, consisting of Abu Dhabi (the capital), Ajman, Dubai, Fujairah, Ras Al Khaimah, Sharjah and Umm Al Quwain. Each emirate is governed by an emir and together the emirs form the Federal Supreme Council. The members of the Federal Supreme Council elect a president and vice president from among their members. In practice, the emir of Abu Dhabi serves as president while the ruler of Dubai is vice pre ...
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Gulf News
''Gulf News'' is a daily English language newspaper published from Dubai, United Arab Emirates. It was first launched in 1978, and is currently distributed throughout the UAE and also in other Persian Gulf Countries. Its online edition was launched in 1996. Through its owner Al Nisr Publishing, it is a subsidiary of the Al Tayer Group, which is chaired by Finance Minister Obaid Al Tayer. History and profile ''Gulf News'' was first launched in tabloid format on 30 September 1978 by UAE businessman Abdul Wahab Galadari; its offices were located on the Airport Road, Dubai. In November 1984, three UAE businessmen, purchased the company and formed Al Nisr Publishing. The new owners of the paper were Obaid Humaid Al Tayer, Abdullah Al Rostamani and Juma Al Majid. With the death of Abdullah Al Rostamani in 2006, his position on the board is held by a family nominee while the other directors remain. Under new ownership, ''Gulf News'' was relaunched on 10 December 1985 and was free t ...
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Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also reports on related subjects such as technology, communications, science, politics, and law. It is based in Jersey City, New Jersey. Competitors in the national business magazine category include '' Fortune'' and '' Bloomberg Businessweek''. ''Forbes'' has an international edition in Asia as well as editions produced under license in 27 countries and regions worldwide. The magazine is well known for its lists and rankings, including of the richest Americans (the Forbes 400), of the America's Wealthiest Celebrities, of the world's top companies (the Forbes Global 2000), Forbes list of the World's Most Powerful People, and The World's Billionaires. The motto of ''Forbes'' magazine is "Change the World". Its chair and editor-in-chief is Stev ...
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Emaar Properties
Emaar Properties (Emaar Developments or simply Emaar) is an Emirati multinational real estate development company located in the United Arab Emirates. It is a public joint-stock company, listed on the Dubai Financial Market, and has a valuation of US$15.5 billion as of June 2021. With six business segments and 60 active companies, Emaar has collective presence in 36 markets across the Middle East, North Africa, Asia, Europe and North America. Emaar Properties Dubai is one of the largest real estate developers in the UAE and is known for various large-scale projects such as developing Burj Khalifa, the tallest building in the world. In 2021 and 2022, Emaar generated controversy when their Marassi project on Egypt’s mediterranean coast caused widespread erosion and great environmental damage of nearby beaches. Widespread outrage on social and traditional media has since been directed at the real estate firm, demanding reimbursement and an explanation. Emaar is said to have dev ...
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Sharjah Investment And Development Authority
The Sharjah Investment and Development Authority, also known as Shurooq, is responsible for the development of the Emirate of Sharjah, one of the seven emirates of the United Arab Emirates (UAE) as an investment, tourism, and business destination. History Shurooq was established by Amiri decree in 2009. In its first decade of operations, Shurooq built a portfolio of completed and ongoing projects comprising $2 billion, with a total area of 11.74 million square metres. Its key projects include Al Noor Island, Flag Island, Al Qasba, Al Majaz Waterfront, Al Montazah Amusement and Water Park, Mleiha Archeological Center, Heart of Sharjah (including the $27 million Al Bait Hotel), and the establishment of the City Sightseeing Bus Tour. Other hotel developments include the Al Badayer Lodge and Al Faya Lodge (formerly known as Fossil Rock Lodge) projects. All three of Shurooq's luxury lodge projects (the third is Kalba's Kingfisher Lodge) are managed by Mantis Hotels, a joint venture betw ...
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Zagreb
Zagreb ( , , , ) is the capital and largest city of Croatia. It is in the northwest of the country, along the Sava river, at the southern slopes of the Medvednica mountain. Zagreb stands near the international border between Croatia and Slovenia at an elevation of approximately above sea level. At the 2021 census, the city had a population of 767,131. The population of the Zagreb urban agglomeration is 1,071,150, approximately a quarter of the total population of Croatia. Zagreb is a city with a rich history dating from Roman times. The oldest settlement in the vicinity of the city was the Roman Andautonia, in today's Ščitarjevo. The historical record of the name "Zagreb" dates from 1134, in reference to the foundation of the settlement at Kaptol in 1094. Zagreb became a free royal city in 1242. In 1851 Janko Kamauf became Zagreb's first mayor. Zagreb has special status as a Croatian administrative division - it comprises a consolidated city-county (but separate from ...
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The Wall Street Journal
''The Wall Street Journal'' is an American business-focused, international daily newspaper based in New York City, with international editions also available in Chinese and Japanese. The ''Journal'', along with its Asian editions, is published six days a week by Dow Jones & Company, a division of News Corp. The newspaper is published in the broadsheet format and online. The ''Journal'' has been printed continuously since its inception on July 8, 1889, by Charles Dow, Edward Jones, and Charles Bergstresser. The ''Journal'' is regarded as a newspaper of record, particularly in terms of business and financial news. The newspaper has won 38 Pulitzer Prizes, the most recent in 2019. ''The Wall Street Journal'' is one of the largest newspapers in the United States by circulation, with a circulation of about 2.834million copies (including nearly 1,829,000 digital sales) compared with ''USA Today''s 1.7million. The ''Journal'' publishes the luxury news and lifestyle magazine ' ...
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Property Companies Of The United Arab Emirates
Property is a system of rights that gives people legal control of valuable things, and also refers to the valuable things themselves. Depending on the nature of the property, an owner of property may have the right to consume, alter, share, redefine, rent, mortgage, pawn, sell, exchange, transfer, give away or destroy it, or to exclude others from doing these things, as well as to perhaps abandon it; whereas regardless of the nature of the property, the owner thereof has the right to properly use it under the granted property rights. In economics and political economy, there are three broad forms of property: private property, public property, and collective property (also called cooperative property). Property that jointly belongs to more than one party may be possessed or controlled thereby in very similar or very distinct ways, whether simply or complexly, whether equally or unequally. However, there is an expectation that each party's will (rather discretion) with reg ...
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