Alpha Dhabi raises stake in Aldar to become Abu Dhabi developer’s parent company
Alpha Dhabi Holding has raised on Wednesday its stake in Aldar Properties to become the parent company of the…
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Aldar
UAE’s Aldar, ADQ submit offer to acquire 90% of Egypt’s SODIC
UAE’s Aldar Properties and ADQ said on Tuesday they had submitted a mandatory tender offer to Egypt's Financial…
Egypt regulator grants extension for Abu Dhabi’s Aldar on SODIC offer till Sept
Egypt’s market regulator announced on Sunday it had granted Abu Dhabi’s master-developer Aldar Properties an…
Abu Dhabi’s Aldar picks CI Capital for sale of majority stake in SODIC
Abu Dhabi's largest real estate developer, Aldar Properties has chosen CI Capital as financial advisor for its…
Most Gulf Mkts Gain; Qatar Pulls back From New Peak on Tuesday
Qatar Insurance Company lifted the Gulf state's stock market to an all-time high on Tuesday after winning a large…
Moody’s Upgrades Aldar’s Rating To Ba1 From B1; Positive Outlook
Moody's Investors Service has today upgraded the corporate family rating (CFR) and probability of default rating…
Aldar And Sorouh Boards Recommend Merger
Abu Dhabi-listed companies Aldar Properties PJSC ("Aldar") and Sorouh Real Estate PJSC ("Sorouh") announce today…
Aldar Reports Financial Results For Third Quarter Of 2012
Third quarter profit up 43% on Q3 2011 to AED 205.7 million driven by continuing delivery programme of residential…
Aldar, Sorouh In Due Diligence On Possible Merger
Abu Dhabi's Aldar Properties and Sorouh Real Estate have announced due diligence has begun on the potential…
Sorouh Profit Rises 22% As Project Revenues Grow
Developer Sorouh Real Estate said yesterday the evaluation process to look at the legal and business aspects of a…
Aldar’s Q1 Profit Reaches Dh478.2m
Aldar Properties said its fiscal first quarter net profit jumped to Dh478.2 million from Dh189.1 million during the…
ADX Above 2.500 pts Backed By Etisalat, Developers
The Abu Dhabi Securities Exchange (ADX) General Index added a quarter percentage point Tuesday, closing at 2,505,…
Aldar Signs Revolving Credit Facility of Dh4b with NBAD
Aldar Properties, Abu Dhabi's largest property developer by market capitalization, said Tuesday it had signed a Dh4…
ADX Edges Up 0.32% Backed by Real Estate Developers
The Abu Dhabi Securities Exchange (ADX) General Index consolidated above 2,500 points Wednesday, closing at…
Aldar and Sorouh plan for merging
Abu Dhabi's two major property developers Aldar Properties and Sorouh Real Estate said they have started talks on a…
DFM records 15-month High
Dubai stocks, almost on a consistent upswing since the middle of February, on Sunday rallied to their highest level…