Aldar Properties PJSC (ALDAR) , the Abu Dhabi developer bailed out by the government last year, said first-quarter profit more than doubled as the company delivered more residential units and boosted revenue from land sales. (read more here…)
Abu Dhabi developer is currently in merger talks with rival builder Surouh (read more here…)
UAE Abu Dhabi developers start merger negotiations DUBAI | Aldar Properties, the struggling Abu Dhabi real estate developer, said Sunday it is launching talks with its smaller rival, Sorouh Real Estate, about a possible merger. It would be supported by the Gulf emirate's government. The proposed tie-up would unite the … (read more here…)
ABU DHABI: Abu Dhabi’s Aldar Properties is committed to repaying all its debt and does not need more financial support from the government of Abu Dhabi, according to the company’s deputy chief executive. (read more here…)
ABU DHABI: Abu Dhabi's Aldar Properties is committed to repaying all its debt and does not need more financial support from the government of Abu Dhabi, according to the company's deputy chief executive. (read more here…)
Abu Dhabi's Aldar Properties is committed to repaying all its debt and does not need more financial support from the government of Abu Dhabi, the company's deputy chief executive told reporters on Sunday. … (read more here…)
(MENAFN) Abu Dhabi's major developer Aldar confirmed the lease of more than 50 percent of retail space at Yas Mall, which will be Abu Dhabi's largest shopping centre when completed, Arabian Business … (read more here…)
Developer says new Abu Dhabi shopping centre is slated to open at the end of 2013 (read more here…)
(MENAFN) Abu Dhabi-based Aldar Properties said it has signed a USD1.09 billion credit facility deal with a local lender in a bid to help the struggling developer manage its liquidity needs, Reuters … (read more here…)
Deal will allow firm to manage 3 years of working capital and liquidity requirements (read more here…)
