Monday 25 June 2018
Abu Dhabi developer

Sorouh Q1 net profit plunges 42pc

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.


Baniyas seals Landmark retail deal

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


Capitala towers on track for 2011 delivery

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

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