ADX announces listing of Al Qudra sharesAbu Dhabi Securities Exchange (ADX) has announced that Al Qudra Holding has listed its shares in the second market, under the symbol "Al Qudra". Trading of Al Qudra Holding’s shares officially started on December 4 More… |
Abu Dhabi's Al Qudra wins $1bn villa contractAbu Dhabi's Al Qudra Real Estate won a 4 billion dirham ($1.09 billion) contract to develop the first phase of a government villa program in Al Ain, it said on Wednesday. The contract for the national housing project, which will take four More… |
Holiday Inn property to open in Abu DhabiAl Qudra Real Estate (AQRE), a wholly owned subsidiary of Al Qudra Holding, has announced that its Holiday Inn Abu Dhabi hotel property will be opening to the public this October. Holiday Inn is a leading brand in the mid-market segment an More… |
Al Qudra post $62m profitAl Qudra Holding, a leading investor based in Abu Dhabi, said it has netted Dh227 million ($62 million) profit for 2008 mainly due to the successful launch of the company’s key real estate projects. Announcing the results at the annual gen More… |
Kuwait reappoints prime ministerKuwait's ruler reappointed Prime Minister Sheikh Nasser Al-Mohammad Al-Sabah on Tuesday to select ministers for the Gulf Arab state's new cabinet. Islamists and tribesmen consolidated their hold on Kuwait's parliament in Saturday's electio More… |
Al Qudra replaces chairman, 6 board membersAbu Dhabi-based Al Qudra Holding, which in March dropped plans to sell shares in what would have been the UAE's second-largest IPO, replaced its chairman and six board members, it said on Tuesday. The company appointed a new chairman, repl More… |
Al Qudra divests chairman of authorityAbu Dhabi-based Al Qudra Holding, which in March dropped plans to sell shares in what would have been the UAE's second-largest initial public offering, said on Tuesday it had divested its chairman of authority. "Salah Al-Shamsi is still th More… |
Al Qudra puts off IPOAbu Dhabi-based Al Qudra Holding has postponed its planned initial public offering (IPO). The company said in light of the recent announcement relating to the anticipated promulgation of federal law on commercial companies which readdresse More… |
Al Qudra plans $1bn IPOAbu Dhabi-based Al Qudra Holding plans to raise $1 billion in an initial public offering this month. The firm also said it had named Mahmood Ibrahim Al Mahmood as chief executive officer. Salah Al Shamsi will remain as chairman of the firm More… |
Al Qudra seeks $1bn in March IPOAbu Dhabi-based Al Qudra Holding, with businesses ranging from real estate to transport, plans next month to sell shares to the public for the first time in what will be the second-biggest IPO in the United Arab Emirates. Al Qudra, which h More… |