The Emaar Company, the largest real estate firm in the United Arab Emirates (UAE), awarded seven percent of its dividends from the 2000 fiscal year to its stockholders. In 2002, the company is expected to award seven to 10 percent of its dividends to stockholders from fiscal year 2001, reported Al-Ittihad . The company recorded satisfying results in terms of performance, liquidity and cash flow in the second half of 2001. — (menareport.com)
© 2002 Mena Report (www.menareport.com)