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Emaar keeps focus on growth at annual general meeting

The Emaar Properties chairman Mohamed Alabbar has said that its board will continue to place pressure on its management to deliver profitable growth.

Opening the company's annual general meeting with a PowerPoint slide showing how it had beaten profit targets for two out of the past three years, and that the cumulative three-year figure was 5.6 per cent ahead of target, Mr Alabbar said the company plans to repeat the exercise for the next three years, but did not give details of the new targets as they were not ready.