Dubai – Mubasher: Emaar Properties’ stock, listed on the Dubai Financial Market (DFM), has seen a bullish trend early Tuesday on the back of the memorandum of understanding signed with Beijing New Aerotropolis Holdings (BNA).
By 10:38 am UAE time, the stock jumped 1.21% to AED 5.01.
Earlier this day, Emaar announced the signing of a MoU with BNA to develop Business and Tourism Complex, integrating retail, entertainment, office, hotel hospitality, convention, sport, art and lifestyle functions in a one-stop solution, according to a press release.
Both parties will be working jointly to develop the Aero-Economic Area of Beijing Daxing International Airport in China, expected to the world’s largest airport.