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Emaar profit jumps 17% as developer moves to buy out listed subsidiary

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Gulf News
“Emaar profit jumps 17% as developer moves to buy out listed subsidiary”

Dubai: Emaar Properties reported a 17% increase in net profit after tax to Dh17.1 billion for the first nine months of 2026, supported by higher property development revenue and steady income from its shopping malls and other recurring businesses, even as regional uncertainty weighed on hospitality operations. The Dubai-listed developer's revenue rose 13% to Dh37.5 billion during the January-September period, compared with Dh33.1 billion a year earlier. Net profit before tax increased 18% to…

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