Sorouh Real Estate, Abu Dhabi's second largest developer by market value, said on Thursday its first quarter net profit fell 42 per cent, despite higher revenues.
The company reported a first-quarter net profit of Dh76.3 million ($20.
Abu Dhabi-based Baniyas Investment and Development Company (BID) has signed up Landmark Group, a leading retail and hospitality conglomerate, to open seven new outlets at its upcoming Bawabat Al Sharq Mall.
BID, the investment arm of the B
Abu Dhabi-based Capitala said five towers at the 38,000 sq m 'Rihan Heights,' being developed in its flagship development, Arzanah, have reached their final heights and are on schedule to be delivered in 2011.
A strategic master planner an