Established in 1997, Emaar Properties PJSC is a multinational development company based in the United Arab Emirates. The company operates internationally, across Africa, Asia, Europe, North America and the Middle East, providing property development and management services. Mohamed Alabbar is the founder and chairman of Emaar Properties. Since 2016, the CEO of Emaar Group is Amit Jain. The initial owner of Emaar Properties was the Dubai government until the company went public in 2000. Today Emaar has six business segments and 60 subsidiaries in 36 markets all over the world, such as Emaar Malls Group (shopping malls and retail), Emaar International (property development in international markets), Emaar Hospitality Group (a global provider of lifestyle experience), Emaar Entertainment (provider of premium leisure and entertainment attractions) and Emaar Investment Holding.