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Enshaa Timeline PDF Print E-mail
Please click the dates above to view ENSHAA Timeline.
December 2008
  • Enshaa Co-sponsored Etisalat Water Festival
November 2008
  • Installation of glass works on Emirates Financial Towers' facade starts on schedule.
April 2008
  • ENHSAA marks a year of impressive financial Results as its total assets increase from Dh 900 m to 1.6 b in 12 months.
November 2007
  • ENSHAA and its JV Partner Sunland Group secure the license to roll out 15 Palazzo Versace resorts in major locations worldwide.
August 2007
  • ENSHAA chooses Hitachi for a AED 16 million contract to equip its project - Emirates Financial Towers.
June 2007
  • ENSHAA expands investors group to increase its capital to AED 914 million following a successful private placement.
  • ENSHAA closes private placement offering and raises approximately US$ 70 m through issue of new shares to Majid Al Futtaim Investments LLC.
May 2007
  • Ground Breaking Ceremony of Palazzo Versace celebrated.
April 2007
  • Construction on Palazzo Versace Dubai commences in Culture Village under the approval of Dubai Properties.
March 2007
  • Emirates Sunland (ENSHAA 51% and Sunland 49%) sells 29% of Palazzo Versace Dubai and 69% of D1 Residential Tower.
February 2007
  • ENSHAA (with its joint partner National Logistics Corporation) announces Karachi Financial Towers ‚Äö√Ñ√¨ a 37 storey premium commercial twin-tower project development in Karachi, Pakistan.
December 2006
  • ENSHAA launches D1 Residential Tower with its JV partner Sunland Group.
November 2006
  • ENSHAA signs a contract with Robotic Systems to build one of the world‚Äö√Ñ√¥s largest automated car parking facilities for its prestigious project - Emirates Financial Towers.
  • Emirates Sunland (ENSHAA 51% and Sunland 49%) signs the Project Management Agreement for AED 8 billion master planned community and tourist resort in Umm Al Quwain.
May 2006
  • ENSHAA awards Al Habtoor the piling contract for the construction of its prestigious development - Emirates Financial Towers.
  • ENSHAA announces the receipt of land for construction of Emirates Financial Towers from Turner‚Äö√Ñ√¥s on behalf of the Dubai International Financial Towers.
May 2005
  • ENSHAA acquires 100% capital stock of Emirates International Holdings and Enshaa Holding and 51% of Emirates Financial Towers LLC.
  • Emirates International Holdings launches Emirates Financial Towers, a 450 million 26-storey twin-tower in the heart of Dubai International Financial Centre.
  • Abraaj Capital, one of the largest private equity firms of the region, obtains 34.5% stake in Emirates International Holdings.
  • Emirates International Holdings and Sunland Group announce development of the Palazzo Versace Resort in Dubai.
March 2005
  • Emirates International Holdings signs an agreement with Dubai Properties to acquire land for the development of a resort.
January 2005
  • Emirates International Holdings partners with Sunland Group to form Emirates Sunland Group. Sunland Group is a leading Australian property development and management company, listed on the Australian stock exchange, with development experience spanning three decades.
  • Emirates International Holdings buys 50% of Palazzo Versace Gold Coast, Australia.