Sunday 26 March 2017
 
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Aldar Properties

Aldar Properties 2016 net profit surges to $762m

Aldar Properties, a leading property development company in Abu Dhabi, UAE, has reported a eight per cent jump in its net profit for the financial year ended December 31, 2016 which soared to Dh2.8 billion ($762 million) from Dh2.6 billion ($707

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Aldar Properties gets key ratings upgrade

Moody's Investors Service has upgraded the issuer rating of Aldar Properties, one of Abu Dhabi's leading real estate companies, to Baa2 from Baa3 with a stable outlook on all ratings. Concurrently, Moody's upgraded to

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Aldar Properties Q3 net profit surges 16pc

Aldar Properties, a leading real estate developer based in Abu Dhabi, UAE, has registered a net profit of Dh737 million ($201 million) in the third quarter, up 16 per cent over Dh638 million ($174 million) in the same period last year.

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Aldar says all property developments on schedule

Abu Dhabi-based Aldar Properties, a leading listed property development, has issued a progress update on its diverse portfolio of projects, all of which are progressing in line with expectation. On Yas Island, there is strong mome

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Aldar Properties refinances $499m debt

Abu Dhabi-based Aldar Properties, a leading developer in the Mena region, has successfully refinanced Dh1.8 billion ($499 million) of existing bank loans due to mature by 2018. The conclusion of the bank loan refinancing reinforce

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Aldar Q2 net profit up 9.7pc to $178m

Aldar Properties reported a 9.7 per cent rise in second-quarter net profit on Tuesday, as the state-linked builder of Abu Dhabi's Formula One circuit shook off concerns about a softening market by posting higher revenue. The n

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Aldar Properties Q1 net profit up 15pc

Aldar Properties, a leading property developer in Abu Dhabi, UAE, on Tuesday registered a first quarter net profit of Dh654 million ($178 million), up 15 per cent over Dh571 million ($155.4 million) recorded for the same period last year.

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Aldar registers first escrow deal with ADCB

Aldar Properties, a leading real estate developer in Abu Dhabi, has signed its first escrow agreement with Abu Dhabi Commercial Bank (ADCB), the first registered escrow bank in the UAE capital. The agreement will enable Aldar Prop

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Abu Dhabi gears up for beach festival

Al Muneera Beach Plaza, Abu Dhabi’s first waterfront retail development developed by Aldar Properties, is set to host a beach festival from March 23 – 27 to bring families and friends together. Crowds of up to 10,000 tourist

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Abu Dhabi gears up for beach festival

Al Muneera Beach Plaza, Abu Dhabi’s first waterfront retail development developed by Aldar Properties, is set to host a beach festival from March 23 – 27 to bring families and friends together. Crowds of up to 10,000 tourist

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