Press Releases
Thursday 30th November, 2006ALDAR Properties PJSC signs Joint Venture with Laing O'Rourke Construction Group to deliver substantial development projects in Abu Dhabi - First project to benefit will be the US$18 billion Al Raha Beach Development
Summary: ALDAR Properties PJSC, the foremost property developer in Abu Dhabi, and Laing O'Rourke, the leading international construction group, have formed a joint venture to deliver ALDAR Properties' Al Raha Beach projects in the United Arab Emirates.
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Wednesday 29th November, 2006
ABU DHABI SAYS 'YAS' TO THE WORLD - ALDAR announces an international island destination that will appeal to all age groups and all nationalities
Summary: Leading property developer ALDAR Properties PJSC today announced plans for Yas Island, one of the largest natural islands in Abu Dhabi. Yas Island will be a prestigious world-class leisure destination, with mixed-use tourist attractions including beaches, entertainment, shopping, hotels, residences, golfing, equestrian facilities and motor racing. Yas Island will host the world's first 'Ferrari World'.
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Tuesday 28th November, 2006
Blending world-class architecture with the heritage of Abu Dhabi, ALDAR reveals Central Market
Summary: ALDAR Properties PJSC announced its flagship project Central Market today, revealing the new skyline of Abu Dhabi and the new heart and soul of the city.
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Monday 13th November, 2006
ALDAR EXTENDS DREDGING AT AL RAHA BEACH - AED 340 Million Additional work Added to Contract
Summary: ALDAR Properties PJSC announced today that it has extended the dredging contract for its major Al Raha Beach development from the initial 10 million cubic metres to 25 million. The additional work adds AED340 million onto the original contract and is a result of recent land acquisition and approval to adjust the borrow area limits.
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Wednesday 8th November, 2006
CONFERENCE FINDINGS ON THE FUTURE OF THE REAL ESTATE INDUSTRY IN ABU DHABI - ALDAR Leads the Way for Future Development
Summary: ALDAR Properties PJSC announced today that the third Engineering Excellence Forum, which it has sponsored in association with the Higher Colleges of Technology, has been an outstanding success.
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Tuesday 7th November, 2006
SHEIKH NAHAYAN OPENS ENGINEERING EXCELLENCE CONFERENCE SPONSORED BY ALDAR PROPERTIES - Excellence in Engineering Forum Hosted by Higher Colleges of Technology
Summary: ALDAR Properties PJSC today announced the opening of the third Engineering Excellence Forum in association with Higher Colleges of Technology (HCT). The event was officially inaugurated by HE Sheikh Nayahan Mabarak Al Nahayan, UAE Minister of Higher Education and Chancellor of HCT.
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Monday 6th November, 2006
ALDAR PROPERTIES TO ISSUE SUKUK/DEBENTURE - Permission Sought from Ministry of Economy
Summary: ALDAR Properties PJSC confirmed today that it is seeking approval from the Ministry of Economy, to call for a general assembly of its shareholders for the purposes of issuing Sukuk (Islamic Bond) and/or debentures in early 2007.
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Saturday 4th November, 2006
ALDAR PROPERTIES AWARDS AED 764 MILLION CONTRACT FOR SEA WALL CONSTRUCTION - Joint Venture Between France and UAE wins Construction Contract
Summary: ALDAR Properties PJSC announced that after a successful tender process, they have awarded two contracts for the construction of the sea wall at Al Raha Beach. The contracts have both been awarded to a joint venture between Soletanche Bachy of France and National Services and Contracting Establishment (NSCC) of United Arab Emirates.
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Tuesday 31st October, 2006
ALDAR PROPERTIES ANNOUNCES HEALTHY THIRD QUARTER 2006 RESULTS - Net profit increased by 153% compared to the same period last year
Summary: Abu Dhabi's largest developer, ALDAR Properties PJSC, today announced the financial results for the nine month period ended 30 September 2006.
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Thursday 12th October, 2006
AL RAHA GARDENS ROAD NETWORK UNDER CONSTRUCTION ALDAR PROPERTIES Awards Contract to GTC
Summary: ALDAR Properties PJSC today confirmed that it has awarded the contract for the construction of the road network to service Al Raha Gardens, and the surrounding areas, to Abu Dhabi General Transport Company (GTC).
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