Published: May 12, 2009
Emaar Properties is creating over 1,600 new jobs in its shopping malls & retail and hospitality & leisure businesses. With the new addition, Emaar will have nearly 4,000 employees on its rolls in Dubai.
The new team members, to be recruited in the next three months, will be trained for the launch of three new leisure attractions in the Dubai mall.
Mohamed Alabbar, chairman, Emaar Properties, says: “Our strategy for 2009 is to push for growth in existing subsidiary businesses while the core property business recovers from the global economic challenges. Emaar’s projects have traditionally created several thousand jobs in all markets including in hospitality, shopping malls and education businesses.”
He adds that the new attractions support the government’s commitment to strengthen market confidence. “The current recruitment strategy, coming at a critical time for the global economy, marks our commitment to deliver a quality experience for visitors”, Alabbar affirms.
Emaar, which is building Burj Dubai, the world’s tallest tower, managed to make some profit in 2008, blaming its heavy losses in the final quarter on huge US write-downs and goodwill impairment of around US$735mn.