EMAAR Digital Marketing Strategy: It Is All About Connecting the Dots…

Total Page:16

File Type:pdf, Size:1020Kb

EMAAR Digital Marketing Strategy: It Is All About Connecting the Dots… EMAAR Digital Marketing Strategy: It is All about connecting the dots… Preface: Emaar, a group this big, if wants to escalate its Digital marketing crusades then it’s all about connecting the RIGHT dots… at the right time. Dots… 1. Process Flows 2. Departments (Marketing, Legal, IT, Operations, Finance, Alliance, Corporate etc.) 3. Activities (Which can influence Marketing & Sales in any sense) includes all Digital, Event, Database etc.) 4. Channels [{offline: Print/Press/TV Media, Events like Trade Shows, Property Fairs} {online: Digital including all channels i.e. Organic, Display, Search, Video, Social Media, Email, Referral & Direct}] 5. Conversion/Customer acquisition Techniques [Retargeting, Emotional Intelligence using offline and online techniques] {This zone is all about innovation} 6. Budgets 7. Automation [Campaign Execution, Brand Monitoring, Data Tracking/Analysis, Optimization & Repeat] All the above are gears & cogs which have to work together to attain the desired objective of the company, which for any company is “Revenue” so the macro KPI for any marketing activity be it digital or offline would be ultimately measured by customer acquisition. 18th Aug: Update, I published this blog on 16th Aug evening at around 8 PM, and checked the status on GOOGLE at 10 PM 18th, it ranked on the key phrase “EMAAR digital marketing strategy” on 1st and on “EMAAR digital marketing” at 3rd rank on the first page. “ In this research, I will just focus on Digital Marketing, I will try to externally audit current digital activities, identify the “GAP AREAS” and try to provide my recommendations as of how “EMAAR” can escalate its current DM crusades. ” Contents: 1. EMAAR… a Little Enlightenment on the Group. 2. Let’s Audit… how deep are they? 1. SEO Highlights! 2. Website design… the oomph factor! 3. Technology… Did they automate? 4. Reverse Engineering the Traffic … What they have on the platter? 5. Advertisement… What, Where & Why are they Spending? 6. Social Media… Where do they stand? 3. Test the Waters… What to Spend? (Budgets) 4. Honey Show Me the Money? (Objective & KPIs) 1. Product… What has to be sold? 2. Sales Approach… 5. Digital Marketing Process Flow 6. Digital Implementation Strategy… What exactly will give results? 7. Conclusion EMAAR… a Little Enlightenment On the Group. As per Wikipedia, Emaar Properties was founded and incorporated in 1997 by chairman Mohamed Alabbar. As one of the leading developers in the UAE, Emaar gradually diversified interests in real estate including both commercial and residential property development, as well as malls and hospitality. Emaar has collective presence in 36 markets across the Middle East, North Africa, Pan-Asia, Europe and North America EMAAR is listed as no #801 in world’s biggest public companies by Forbes, with a current market cap of $14.6 Billion Some of the iconic projects of Emaar properties are Burj Khalifa, Dubai Mall, Dubai Marina & Downtown Dubai. The Dubai Mall officially opened in 2008, and Burj Khalifa in 2010. By 2014, Emaar was holding over $11.4 billion in real estate investments. Emaar Properties is also listed on the Dubai Financial Market and was the first property company to offer shares to foreign nationals. The Company with a strength of 10000 employees reported its 2016 revenue as $4.307 Billion, so we are talking about a company which needs no recognition but of course, there is always a scope to grow, to go to the next level. Let’s Audit… how deep are they? If you have a competent experience working with corporate then you can easily articulate that researching 4Ps of marketing, doing SWOT analysis of the product and creating process flows is still the easy part but actually implementing them on ground with a consensus of all the departments is a difficult drill, the same way auditing a website and creating a digital marketing plan is the easy part but to actualize them with perfection that can actually invoke the desired result is the challenging part. Let’s take up the challenge, …well I have already taken it SEO Highlights: The website is in 2 languages – Arabic and English with the total of 27035 URLs in which 9961 are HTML URLs, missing titles are 7059 and duplicate are 2898 … that’s awful don’t you think so?? well wait, there is a small glitch. Each of the URLs has 3 versions and all are live i.e. no 301 redirects are done. E.g. • https://www.emaar.com/en/what-we-do/communities/uae/downtown- dubai/29-boulevard.aspx • http://www.emaar.com/en/what-we-do/communities/uae/downtown- dubai/29-boulevard.aspx • https://emaar.com/en/what-we-do/communities/uae/downtown-dubai/29- boulevard.aspx Although it shouldn’t damage the SEO as Google is smart enough to just crawl one of the versions (or you can set it in webmasters) but the smart move would be to keep it clean. So ideally we should divide the total URLs with 3, but again even if the no would be close to 3319 URLs, how come 2/3rd titles are missing, that’s a huge no. On a careful scrutinization, a major flaw came into cognizance. All the press releases which are the actual source of brand awareness and are fresh content for the company lacks proper marketing strategy. For E.g. • https://www.emaar.com/ar/media-centre/detail.aspx?itemId=tcm:223- 46845 [ some Arabic versions are actually English with right to left alignment it is better not to put them online] • https://www.emaar.com/en/media-centre/detail.aspx?itemId=tcm:223-46840 and all of them miss Titles, Images, Open graph protocols, Twitter cards etc, I didn’t even bother to check schema :). Basically, they have populated for the sake of doing it and nobody is harnessing the full value of the newly generated content. SM marketing which is a great source of brand awareness is nil for these articles which is rather sad. If you will delve a little deep on to marketing pitfalls 90% of the organizations struggle for new content generation and I could see that Emaar content creation is regular & huge i.e. 70% of URLs are with new content i.e. PRs/Blogs, but due to the lack of defined content marketing strategy there is a GAP. GAP This is strong gap area and Google resonates with the same i.e. in nearly 2300 content pages, Google indexed only 494 Arabic pages and 342 English pages (with a hustle of https, http and with/without www versions of same URLs) this means Google Webmasters needs a health check. I did a random time check on Google and noticed that Google has not indexed any PR of Emaar from past 30 days, I went on the website and found that they have published 7 PRs and Google didn’t even crawl one of them. *None of the above PRs are indexed (as per present date 10th of Oct) Conclusion: Clearly there is a need for a defined content strategy, proper implementation process flow with a clear objective. *Please note am omitting small SEO checks and backlinking profile as this article is not about Complete SEO AUDIT am just using all the DM tools to identify major gaps at strategic and implementation level. Website design… the oomph factor! They have taken a very clear design with a Lead conversion landing page approach which normally is taken for instant lead generation, I won’t comment on design as I need to audit analytics to analyze the performance of the design, but on an external view my comment would be that design is missing some spot when it comes to luxury experience. It is oversimplified, and images are over optimized i.e. they have lost their glare, the glam feel which is needed as per say, the brand image of Emaar is missing. Real estate is all about heavy investments with USP of lifestyle experience, basically, when you are selling a premium luxury lifestyle then you have to be damn convincing before you are in a position to ask for contact details. Point is, till the time user has not felt the luxury, conversion is not likely to happen, so the first screen with “Register your Interest” doesn’t seem to be a proper call to action. Emaar changed the design of website on June 3rd, 2017, so they should compare the bounce rate, no of pages per visit and other metrics to analyze the design change impact, I can sense that bounce rate might have gone up. Technology… Did they automate? If we study the tagging structure of the website, they have a clean tagging structure, they are using GTM for all the tag management and we can easily make out what technologies are used by Emaar. In Advertising, they are using • Adobe Audience Manager • Cretio • Double Click (Adwords) • Eloqua • Tubemogul • Twitter Advertising In Analytics • Google Analytics • Google Audience manager • Twitter Analytics • Crazyegg GAP Surprisingly they don’t have Facebook Pixels installed, I mean this is strange for me, using Twitter advertising and not using FB ad engine, FB ads cover nearly 80% of social media i.e. Facebook & Instagram database plus their audience partners like Skout etc. This is a strong opportunity for the company, GAP area identified, I will talk about it later in my strategy section. Emaar is also using Salesforce & Workplace by Facebook so it’s good that they have automated a lot of things and process is smooth. They have a separate portal for Agents powered by Salesforce, where all Emaar Agents can log in and collaborate with Emaar. Reverse Engineering the Traffic … What they have on the platter? Now it’s time to do some productive job i.e.
Recommended publications
  • Prepared for the Future Built on Strength, Prudence & Resilience
    EMAAR PROPERTIES Prepared for the Future Built on Strength, Prudence & Resilience. Investor Presentation November 2019 0 | EMAAR PROPERTIES Disclaimer Emaar Properties PJSC, for themselves and for Emaar Group, give notice that: The particulars of this presentation do not constitute any part of an offer or a contract. Given that the presentation contains information based on forecasts and roll outs, all statements contained in this presentation are made without responsibility on the part of Emaar Properties PJSC, their advisors, or members of Emaar Group (including their directors, officers and employees). None of the statements contained in this presentation is to be relied upon as a statement or representation of fact. All parties must satisfy themselves as to the correctness of each of the statements contained in this presentation. Emaar Properties PJSC and members of the Emaar Group do not make or give, and neither members of the Emaar Group nor any of their directors or officers or persons in their employment or advisors has any authority to make or give, any representation or warranty whatsoever in relation to this presentation. This presentation may not be stored, copied, distributed, transmitted, retransmitted or reproduced, in whole or in part, in any form or medium without the permission of Emaar Properties PJSC. 27 November Page 1 2019 1 | EMAAR PROPERTIES Discussion Summary Investing In Emaar Expanding Footprint in UAE & International Markets Business Strategy & Outlook 9M 2019 Results Update Annexure 2 | EMAAR PROPERTIES Investing In Emaar 3 | EMAAR PROPERTIES Emaar Purpose & Business Model An Enduring Enterprise Our Business Model: driven by: We operate a business model that puts risk mitigation at the centre of our core strategies.
    [Show full text]
  • Sustainability Report 2020
    SUSTAINABILITY REPORT 2020 EMAAR PROPERTIES PJSC CONTENTS Founder’s Message .......................................3 Highlights ....................................................4 Our Business ................................................5 Group Structure ...........................................6 Engaging with our Stakeholders ....................8 ESG Reporting .......................................... 17 Climate Strategy & Portfolio Resilience .......20 Diversity & Inclusion ..................................46 Reporting Approach .....................................9 Business Ethics ........................................... 18 Sustainable Operations .............................. 21 Customer and Resident Wellbeing & Satisfaction ............................................ 51 Materiality ................................................. 10 Energy & Emissions ....................................25 Community Engagement & Philanthropy .....54 Goals & Commitments ............................... 12 Sustainable District Cooling ....................... 37 Our 3 Pillars to address ESG Risks Water Management .................................... 39 and Opportunities ...................................... 14 Next Steps for Our Strategy ........................ 15 GRI index ..................................................57 FOUNDER’S MESSAGE Dear Stakeholders, • To create a more inclusive work culture and better delight our customers, we took the bold step to remove all job titles within Emaar, moving the We are pleased to present
    [Show full text]
  • The Pride of Our Nation
    THE PRIDE OF OUR NATION ANNUAL REPORT 2018 CONTENTS LETTER TO SHAREHOLDERS 03 BUSINESS OVERVIEW 08 FINANCIAL HIGHLIGHTS 10 PROPERTY BUSINESS 12 PROJECT HIGHLIGHTS 16 JOINT VENTURE PROJECTS 38 HOSPITALITY & LEISURE 72 SHOPPING MALLS & RETAIL 86 INTERNATIONAL OPERATIONS 99 BOARD OF DIRECTORS 109 PRINCIPAL OFFICERS 125 GROUP STRUCTURE 127 LETTER TO SHAREHOLDERS “You inspire us, year after year, to push ourselves, set new benchmarks, and create long-term value for the Company and our nation.” I thank you for your continued support to your Company. A defining factor that has highlighted our evolution, especially in recent years, is the true sense of ownership across all levels of operation by every member of the Emaar family. 2018 EMAAR ANNUAL REPORT | 03 While we have created, literally, the spirit of ownership for our customers FIRM FUNDMENTALS through our master-planned communities, I have always believed that organisations perform best when it builds an ‘ownership culture’ that Your Company recorded exceptional growth in 2018. That is the result touches every employee. of the agility and flexibility with which we have operated in today’s fast- changing environment. With an ownership mindset, every action they take is guided by the organisational values, which, in turn, enable cost consciousness, resource We recorded a net operating profit of AED 7.216 billion, a growth of 30 use optimisation and higher levels of efficiency and productivity. And that per cent over 2017, prior to considering the effect of the IPO of Emaar is what has enabled us to achieve exceptional financial performance, even Development and forex movement.
    [Show full text]
  • Emaar Properties FY 2017 Results March 2018 Disclaimer
    Emaar Properties FY 2017 Results March 2018 Disclaimer Emaar Properties PJSC, for themselves and for Emaar Group, give notice that: The particulars of this presentation do not constitute any part of an offer or a contract. Given that the presentation contains information based on forecasts and roll outs, all statements contained in this presentation are made without responsibility on the part of Emaar Properties PJSC, their advisors, or members of Emaar Group (including their directors, officers and employees). None of the statements contained in this presentation is to be relied upon as a statement or representation of fact. All parties must satisfy themselves as to the correctness of each of the statements contained in this presentation. Emaar Properties PJSC and members of the Emaar Group do not make or give, and neither members of the Emaar Group nor any of their directors or officers or persons in their employment or advisors has any authority to make or give, any representation or warranty whatsoever in relation to this presentation. This presentation may not be stored, copied, distributed, transmitted, retransmitted or reproduced, in whole or in part, in any form or medium without the permission of Emaar Properties PJSC. FY 2017 Results Presentation 6 March 2018 Page 1 Table of Contents KEY HIGHLIGHTS INCOME STATEMENT BALANCE SHEET OPERATIONAL OVERVIEW APPENDIX FY 2017 Results Presentation 6 March 2018 Page 2 Key Highlights Income Statement Balance Sheet Operational Overview Appendix Emaar Properties at a Glance #1 1.8Bn c. 89,000 listed developer SQFT of land units sold since by market cap bank in key inception(3) in MENA(1) countries c.
    [Show full text]
  • EBD114 Final V2
    PROMOTION RC/RET/HARERA/GGM/451/183/2021/19 - dated 19.04.2021 www.haryanarera.gov.in RERA Reg. No.:RC/RET/HARERA/GGM/451/183/2021/19 - dated 19.04.2021 for Emaar Business District-114 (EBD- 114), a commercial plotted colony project, also available at www.haryanarera.gov.in and is being developed on land admeasuring 6.40625 acres (2.5925 hectare) approx. situated at Village Bajghera, Sector 114, Tehsil and District Gurugram, Haryana, owned by Tacery Builders Private Limited, Bailiwick Builders Private Limited, Logical Estates Private Limited and Sharyans Buildcon Private Limited in collaboration with Emaar India Limited (Formerly referred to as Emaar MGF Land Limited) under License No. 14 of 2021 dated 12th march 2021 valid upto 11.03.2026 issued by DTCP, Govt. of Haryana. Emaar India Limited (Formerly referred to as Emaar MGF Land Limited) (CIN: U45201DL2005PLC133161) registered office at 306-308, 3rd floor, Square One, C-2, District Centre, Saket, New Delhi - 110017. Tel: (+91 11) 4152 1155, 4152 4618) Fax.: (+91 11) 4152 4619 Email: [email protected] | in.emaar.com Disclaimer: Nothing contained herein intends to constitute a legal offer and does not form part of any legally binding agreement. All images are merely artistic conceptualization and do not replicate the exact product, amenities and services depicted herein and should not be relied upon as definitive reference. The development is subject to terms and conditions of the Licenses, Applicable Laws and the final executed and registered agreements. Viewers/ intending purchasers are requested to contact the relevant project office to understand the details regarding the Project(s) and only after thorough understanding about the same and taking appropriate advice, take further decision regarding/ in relation to the Project(s).
    [Show full text]
  • A New Community Is Emerging
    A new community is emerging Emaar Palm Premier 3 BHK Apartments Palm Hills, Sector 77, Gurugram Grand View Artistic Impression Welcome to Emaar Palm Premier. New towers nestled in Palm Hills, a lively, bustling neighbourhood surrounded by refreshing green spaces and offering a panoramic view. A large master planned community with landscaped greens. It promises an active and healthy lifestyle with modern Clubhouse equipped with sports, gym and health facilities that will inspire you to get moving. SULTANPUR NATIONAL PARK SHIKARPUR JHATIKRA SGT UNIVERSITY BUDHERA Location JHATIKRA BUDHERA BADUSARAI S-107 DHARAMPUR S-107 DHARAMPUR BASAI ROAD BASAI ROAD CAMBRIDGE COLLEGE OF ENGINEERING S-108 S-115 KHERKI MAJRA S-29S-108 DWARKA OM INDU KHERKI MAJRA S-24 HOSPITAL DWARKA S-114 S-102A BASANT VALLEY S-95B IMPERIAL PUBLIC SCHOOL BASAI ROAD GARDENS S-102A S-106 S-109 S-28 S-99A S-102 S-103 DWARKA GURGAON S-112 BASANT VALLEY S-113 S-95A S-99 GREENS S-95B DELHI BASAI ROAD PUBLIC SCHOOL PUBLIC SCHOOL S-95 S-89B DWARKA EXPRESSWAY S-106 S-99A DWARKA EXPRESSWAY S-92 S-102 S-103 S-94 NEW S-89A S-88B GURGAON S-111 S-95A S-100 PALAM VIHAR S-101 GREENS S-110 PHASE 3 S-99 S-105 S-95 S-93 S-104 S-88A S-89B CCA SCHOOL GEMS S-1 S-37D S-02 S-89 BASAI ROAD INTERNATIONAL S-92 SCHOOL S-94 S-3A S-3 S-90 S-88B S-9A INOX S-89A S-4 S-100 KAPASHERA BLUE BELLS ANSAL PLAZA DWARKA EXPRESSWAY MILITARY AREA DADI SATI S-88 MODEL SCHOOL S-101 CHOWK S-37C S-23A S-9 S-5 S-105 S-93 S-36B HUDA S-86 S-7 S-23 S-10 GYMKHANA CLUB S-104 S-6 S-85 S-88A EURO VIVEKANAND S-84 INTERNATIONAL
    [Show full text]
  • Emaar Hospitality Results Development
    EMAAR PROPERTIES Prepared for the Future Built on Strength, Prudence & Resilience. Investor Presentation April 2019 0 | EMAAR PROPERTIES Disclaimer Emaar Properties PJSC, for themselves and for Emaar Group, give notice that: The particulars of this presentation do not constitute any part of an offer or a contract. Given that the presentation contains information based on forecasts and roll outs, all statements contained in this presentation are made without responsibility on the part of Emaar Properties PJSC, their advisors, or members of Emaar Group (including their directors, officers and employees). None of the statements contained in this presentation is to be relied upon as a statement or representation of fact. All parties must satisfy themselves as to the correctness of each of the statements contained in this presentation. Emaar Properties PJSC and members of the Emaar Group do not make or give, and neither members of the Emaar Group nor any of their directors or officers or persons in their employment or advisors has any authority to make or give, any representation or warranty whatsoever in relation to this presentation. This presentation may not be stored, copied, distributed, transmitted, retransmitted or reproduced, in whole or in part, in any form or medium without the permission of Emaar Properties PJSC. 25 April 2019 Page 1 1 | EMAAR PROPERTIES Discussion Summary Investing In Emaar Expanding Footprint in UAE & International Markets Business Strategy & Outlook FY & Q4 2018 Results Update Annexure 2 | EMAAR PROPERTIES Investing In Emaar 3 | EMAAR PROPERTIES Emaar Purpose & Business Model An Enduring Enterprise Our Business Model: driven by: We operate a business model that puts risk mitigation at the centre of our core strategies.
    [Show full text]
  • Emaar-India.Com
    emaar-india.com April 5, 2018 To, The General Manager Department of Corporate Services BSE Limited, Floor 25, P J Towers, Dalal Street, Mumbai – 400 001 Re: Scrip Code: 948003 (ISIN - INE451H07332) Scrip Code: 948005 (ISIN - INE451H07340) Scrip Code: 948012 (ISIN - INE451H07357) Ref. : Regulation 55 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Sub .: Credit Rating of 22,600, 11.25% Secured, Redeemable, Non-Convertible Debentures (NCDs), of face value of Rs.10,00,000/- (Rupees Ten Lakh) each Dear Madam, This is to inform you that, with reference to Regulation 55 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Credit Rating of 22,600, 11.25% Secured, Redeemable, Non- Convertible Debentures (NCDs), of face value of Rs.10,00,000/- (Rupees Ten Lakh) each issued by the Company has been reviewed and rated by CARE Ratings as follows: Instrument Amount (in INR) Ratings Rating Action 22,600, 11.25% Secured, Redeemable, Two Thousand Two CARE BB: Stable Reaffirmed Non-Convertible Debentures (NCDs), of Hundred and Sixty (Double B); face value of Rs.10,00,000/- (Rupees Crores Outlook Stable Ten Lakh) each Thanking you, Yours faithfully, For Emaar MGF Land Limited Sd/- Bharat Bhushan Garg Company Secretary Emaar MGF Land Limited Emaar Business Park, MG Road, Sikanderpur, Sector 28, Gurugram 122002. Haryana. Tel.: +91 124 442 1155 I Fax: +91 124 479 3401 Registered Office: 306-308, Square One, C-2, District Centre, Saket, New Delhi – 110 017. Tel.: +91 11 4152 1155, 4948 3100 Fax: +91 11 4152 4619 I CIN: U45201DL2005PLC133161 I Email: [email protected] chs~Ratings Prof....ional Risk Opinion CARE/DRO/Rt/2018-19/1012 Mr.
    [Show full text]
  • Emaar Malls & Emaar Emaar Malls Sukuk & Development Emaar Properties Sukuk 3
    EMAAR PROPERTIES Prepared for the Future Built on Strength, Prudence & Resilience. Investor Presentation August 2019 0 | EMAAR PROPERTIES Disclaimer Emaar Properties PJSC, for themselves and for Emaar Group, give notice that: The particulars of this presentation do not constitute any part of an offer or a contract. Given that the presentation contains information based on forecasts and roll outs, all statements contained in this presentation are made without responsibility on the part of Emaar Properties PJSC, their advisors, or members of Emaar Group (including their directors, officers and employees). None of the statements contained in this presentation is to be relied upon as a statement or representation of fact. All parties must satisfy themselves as to the correctness of each of the statements contained in this presentation. Emaar Properties PJSC and members of the Emaar Group do not make or give, and neither members of the Emaar Group nor any of their directors or officers or persons in their employment or advisors has any authority to make or give, any representation or warranty whatsoever in relation to this presentation. This presentation may not be stored, copied, distributed, transmitted, retransmitted or reproduced, in whole or in part, in any form or medium without the permission of Emaar Properties PJSC. 25 August 2019 Page 1 1 | EMAAR PROPERTIES Discussion Summary Investing In Emaar Expanding Footprint in UAE & International Markets Business Strategy & Outlook H1 2019 Results Update Annexure 2 | EMAAR PROPERTIES Investing In Emaar 3 | EMAAR PROPERTIES Emaar Purpose & Business Model An Enduring Enterprise Our Business Model: driven by: We operate a business model that puts risk mitigation at the centre of our core strategies.
    [Show full text]
  • Prepared for the Future Built on Strength, Prudence & Resilience
    Prepared for the Future Built on Strength, Prudence & Resilience. Investor Presentation September 2020 0 | EMAAR PROPERTIES Disclaimer Emaar Properties PJSC, for themselves and for Emaar Group, give notice that: The particulars of this presentation do not constitute any part of an offer or a contract. Given that the presentation contains information based on forecasts and roll outs, all statements contained in this presentation are made without responsibility on the part of Emaar Properties PJSC, their advisors, or members of Emaar Group (including their directors, officers and employees). None of the statements contained in this presentation is to be relied upon as a statement or representation of fact. All parties must satisfy themselves as to the correctness of each of the statements contained in this presentation. Emaar Properties PJSC and members of the Emaar Group do not make or give, and neither members of the Emaar Group nor any of their directors or officers or persons in their employment or advisors has any authority to make or give, any representation or warranty whatsoever in relation to this presentation. This presentation may not be stored, copied, distributed, transmitted, retransmitted or reproduced, in whole or in part, in any form or medium without the permission of Emaar Properties PJSC. 7 October 2020 Page 1 1 | EMAAR PROPERTIES Discussion Summary Investing In Emaar Expanding Footprint in UAE & International Markets Business Strategy & Outlook Q2 & H1 2020 Results Update Annexure 2 | EMAAR PROPERTIES Investing In Emaar 3 | EMAAR PROPERTIES Emaar Purpose & Business Model An Enduring Enterprise Our Business Model: driven by: We operate a business model that puts risk mitigation at the centre of our core strategies.
    [Show full text]
  • Base Prospectus
    BASE PROSPECTUS EMAAR SUKUK LIMITED (incorporated as an exempted company in the Cayman Islands with limited liability) U.S.$2,000,000,000 Trust Certificate Issuance Programme Under the trust certificate issuance programme (the "Programme") described in this base prospectus (the "Base Prospectus"), Emaar Sukuk Limited (in its capacities as issuer and as trustee, as applicable, the "Trustee"), subject to compliance with all relevant laws, regulations and directives, may from time to time issue trust certificates (the "Trust Certificates") in any currency agreed between the Trustee and the relevant Dealer (as defined below). Trust Certificates may only be issued in registered form. The maximum aggregate face amount of all Trust Certificates from time to time outstanding under the Programme will not exceed U.S.$2,000,000,000 (or its equivalent in other currencies calculated as described in the Programme Agreement described herein), subject to increase as described herein. The Trust Certificates may be issued on a continuing basis to one or more of the Dealers specified under "General Description of the Programme" and any additional Dealer appointed under the Programme from time to time by the Trustee (each a "Dealer" and together the "Dealers"), which appointment may be for a specific issue or on an ongoing basis. References in this Base Prospectus to the "relevant Dealer" shall, in the case of an issue of Trust Certificates being (or intended to be) subscribed by more than one Dealer, be to all Dealers agreeing to subscribe such Trust Certificates. The Trust Certificates will be limited recourse obligations of the Trustee. An investment in Trust Certificates issued under the Programme involves certain risks.
    [Show full text]
  • Emaar 2016 Report
    2016 ANNUAL REPORT A New Icon Contents Letter to Shareholders 03 Business Overview 05 Financial Highlights 07 Property Business 08 Project Highlights 09 Hospitality & Leisure 14 Shopping Malls & Retail 17 International Operations 19 Board of Directors 21 Principal Officers 25 Group Structure 26 2016 Annual Report I 2 To Our Shareholders, On behalf of the Board of Directors, I thank you for your continued support for the company, which has enabled us to record impressive results in 2016. As His Highness Sheikh Mohammed bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, reminds us: “Success is not a destination; it is a journey, and each time you reach a summit, you must look for the next one.” That is why we run faster and harder every single day, to deliver outstanding results and to create value, every quarter, every year, consistently. Transformational growth in challenging times In 2016, we had a robust growth year with net profit of AED 5.233 billion and revenue of AED 15.540 billion. Emaar now has assets valued at more than AED 178.50 billion, and the Group has recorded consistent growth and returns despite operating in a challenging global economic environment. 2016 was defined by several milestone moments. We marked the ground-breaking of the Dubai Creek Tower – a global icon that will add to our nations’ pride; and we opened Dubai Opera, a new cultural icon for the region. We rolled out our first Rove Hotels, a midscale hotel for the new generation of travellers, and we have plans to open 10 new hotels by 2020.
    [Show full text]