Wednesday 29 July 2015
 
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Aldar Properties

Aldar Q1 net profit jumps 36pc to $168m

Abu Dhabi's Aldar Properties reported a net profit of Dh618 million ($168.25 million) in the three months to March 31, as against a profit of Dh453.4 million ($123.4 million) in the corresponding period of 2014, marking a 36 per cent rise.

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Aldar to open top healthcare unit in Al Reem

Abu Dhabi-based Aldar Properties, a leading real estate firm, is set to bring world-class healthcare facilities to Al Reem Island in the UAE emirate with a 100,000-sq-ft day care centre. Burjeel Day Care Centre, managed by Abu Dha

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Aldar to open top healthcare unit in Al Reem

Abu Dhabi-based Aldar Properties, a leading real estate firm, is set to bring world-class healthcare facilities to Al Reem Island in the UAE emirate with a 100,000-sq-ft day care centre. Burjeel Day Care Centre, managed by Abu Dha

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Aldar to spend $1.08bn in short-term on projects

Aldar Properties plans to spend up to Dh4 billion ($1.08 billion) in the shortterm, its chief financial officer said on Thursday, after Abu Dhabi's largest property developer reported a 41 per cent jump in third-quarter profit.

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Aldar’s new residential towers fully leased

Aldar Properties, Abu Dhabi's leading listed property development company, has announced that two of its new residential towers on Al Reem Island are fully leased after being on the market for just under a year. The Gate and A

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Aldar Properties appoints new CEO

Abu Dhabi-based Aldar Properties, a leading listed property development, investment, and management company, has appointed Mohammed Khalifa Al Mubarak as chief executive officer effective immediately. Al Mubarak previously held th

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Aldar raises synergy estimate from Sorouh merger

Abu Dhabi-listed developer Aldar Properties has raised its estimate of the value of synergies from its merger with another property firm, Sorouh, by 45 per cent to Dh145-150 million ($39.5-40.9 million) annually. The company&rsquo

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Aldar picks banks for $500m sukuk sale

Abu Dhabi's largest property developer Aldar has hired five banks to arrange the sale of a benchmark-sized sukuk, to refinance debt, three banking sources said. The proposed bond sale would be Aldar's first since it comple

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Emrill wins WTC Abu Dhabi contract

Emrill, a UAE-based facilities management provider, has won a three-year contract for the World Trade Center Abu Dhabi with Aldar Properties, an Abu-Dhabi based real estate developer. The company will provide specialist services i

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Aldar net profit hits $340 million in Q2, up 200pc

Abu Dhabi-based Aldar Properties, a major real estate developer, has posted a net profit of Dh1.25 billion ($340 million) for the second quarter (Q2) of the year, as against Dh418 million during Q2 2012, marking an increase of 200 per cent.

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