Abu Dhabi’s Aldar plans sale of Yas Acres phase three

The Abu Dhabi developer Aldar Properties plans to start the public sales of the third phase of its AED 6 billion ($1.6bn)...

Construction

Aldar launches e-procurement portal

Aldar Properties has announced the launch of an online e-procurement portal, which will enable it to automate routine procurement tasks and facilitate...

Property

Abu Dhabi’s Aldar reports 15% rise in Q1 profits

The Abu Dhabi-listed Aldar Properties has announced a net profit of AED654 million ($178m) for the first quarter of 2016, a 15%...

Property

Abu Dhabi’s Aldar ‘monitoring property supply’

Aldar Properties is monitoring its supply of units to the market after witnessing a ‘slowdown’ in demand over the past few months, according...

Construction

Arabtec shares rise 6% on Aldar contract win

Shares in Arabtec on Monday rose by 6% on news that the Dubai-listed builder has won a $544.5 million contract from developer...

Property

Abu Dhabi’s Aldar to launch sale of Mayan units on Yas Island

Aldar is to launch sales of the Mayan residences on Yas Island on November 15th, the Abu Dhabi property developer said.Mayan is a...

Property

Abu Dhabi’s Aldar breaks ground on Ansam project on Yas Island

The Abu Dhabi developer Aldar says it has started construction on its Ansam development on Yas Island, home to the emirate’s Formula 1 circuit.Ansam...

Fleet

Massar Solutions said to put brakes on IPO

The fleet-management firm Massar Solutions is likely to postpone its initial public offering (IPO) on the Abu Dhabi Securities Exchange, according to...