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ALDAR PROPERTIES
Dubai developers score red-hot profits from global homebuyersDubai's property developers are experiencing soaring profits and record sales, driven by expats and overseas buyers. Emaar Development PJSC...
UAE-listed stocks top $1 trillion in value for the first timeThe combined value of stocks listed in the United Arab Emirates has surpassed $1 trillion for the first time. This milestone is largely att...
Most Gulf markets fall as Israel-Palestinian conflict ragesIsrael said its troops backed by helicopters had also killed a number of armed infiltrators entering the country from Lebanon, further rais...
Abu Dhabi's Aldar Properties Q3 net profit rises 11%Profit attributable to shareholders came in at 473.2 million dirhams ($128.85 million) for the three months ended Sept. 30, compared with 4...
Dubai's Nakheel eyes district cooling assets saleNakheel, the developer of the emirate's palm-shaped islands, has hired financial advisory Synergy Consulting to manage the process, said tw...
Abu Dhabi's Aldar sets aside capital for acquisitions locally and in Egypt"I think the changes that we announced recently that brought separate business units under Aldar Development, including Egypt and ventures ...
Abu Dhabi's Aldar plans international bond saleThe planned debt sale comes as Gulf borrowers line up to tap the international debt markets to bolster finances hit by the COVID-19 pandemi...
Major Gulf markets rise in early tradeSaudi Arabia's benchmark index added 0.3%, with Jabal Omar Development rising 3.3%, on track to end three sessions of losses.
Major Gulf stocks little changed in early tradeMoody's on Wednesday upgraded the utility company's rating to A1, citing increased government support. The company recently signed an agree...
Aldar aids Abu Dhabi index; other Gulf markets little changedThe Abu Dhabi index gained 0.5%, boosted by a 4.7% jump in Aldar which saw its biggest intraday gain in nearly six years on Monday.
Saudi stocks extend losses, UAE gains in early tradeSaudi Arabia's index rose as much as 1.4% in opening trade, but lost ground to fall 0.7%, extending the losses of the previous session, whe...
Major Gulf markets gain as financial shares riseNational Commercial Bank, the kingdom's biggest lender, entered a binding merger agreement with smaller lender Samba Financial Group to cre...
ANAROCK Retail partners Vindico for post-Covid19 store designs, leasing“The ANAROCK-Vindico partnership will deliver scientific, success-oriented design solutions coupled with proven leasing and tenant represen...
- Construction in Abu Dhabi set to weather crisis
It is not exactly business as usual, but the construction sector in the deep-pocketed Gulf emirate of Abu Dhabi appears set to weather the ...
- Five-star Taj resort in Abu Dhabi
UAE's leading property developer Aldar has signed an exclusive agreement with Indian hotel giant the Taj group to develop a five-star, 500-...
- Abu Dhabi bourse to hold Singapore, Tokyo roadshow
Abu Dhabi's bourse will hold an Asian road show in Singapore and Tokyo this week to attract foreign investment and develop its product offe...
- Oberoi Group to manage two hotels in Abu Dhabi
India's Oberoi Group has joined hands with United Arab Emirates's Aldar Properties PJSC to develop two luxury hotels in the emirate.