Press Releases
Wednesday 11th June, 2008ALDAR Reveals Details of Three Yas Island Theme Parks at Asian Exhibitions - ALDAR to exhibit its three theme parks at the ITE and ALTM
Summary: ALDAR Properties, the leading Abu Dhabi based integrated development company, is showcasing its three theme parks at the two international Asian Exhibitions, International Travel Expo (ITE) in Hong Kong, and the Asia Luxury Travel Market (ALTM) in Shanghai, China. ALDAR's three theme parks: Ferrari World Abu Dhabi, Warner Bros. Theme Park and the Water Park will be the focal point of its Yas Island multi-use development on display at these two Asian exhibitions
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Monday 9th June, 2008
ALDAR Launches Retail Destination in Al Ruwais - Shopping centre to provide shopping, leisure, and entertainment for residents in Al Ruwais
Summary: ALDAR Properties, the leading integrated property development company is launching a double-storey shopping centre in the industrial city of Al Ruwais. The project will cater to Al Ruwais' growing population which is expected to hit the 40,000 mark by 2010, when the shopping centre will be operational
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Wednesday 4th June, 2008
ALDAR Announces Closure of AED 3.75 Billion Sukuk - ALDAR Properties' Sukuk receives overwhelming response
Summary: ALDAR Properties PJSC, the leading Abu Dhabi-based integrated property developer, today announced that it had priced its benchmark AED 3.75 billion 5-year Sukuk Al-Ijara at 3-month EIBOR (Emirates Inter-bank Offered Rate) plus175 basis points. The Issue has received an overwhelming response within the GCC and internationally, given current market conditions
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Saturday 31st May, 2008
ALDAR to create extensive room for businesses at the heart of Abu Dhabi - Property Development Company launches Baniyas Towers and phase two of Al Mamoura commercial office building
Summary: ALDAR Properties, the leading integrated property developer today announced the launch of the second phase of Al Mamoura and also Baniyas Towers. These two office developments will collectively provide an additional 62,000 square meters of lettable office space in the heart of Abu Dhabi. The strategically located developments will help meet a spiralling need for office space, fuelled by the city's phenomenal economic growth
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Wednesday 28th May, 2008
ALDAR Brings 1 Million Square Metre Retail Portfolio to London
Summary: ALDAR Properties, the leading Abu Dhabi-based integrated property developer is bringing its 1 million square metre retail portfolio to London from the UAE. A sponsor of the inaugural Global Department Store Summit, ALDAR aims to offer an alternative strategy that will spread the risk profile of department stores in saturated markets by representing Abu Dhabi as the next biggest growth opportunity for world-wide department store brands
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Sunday 18th May, 2008
ALDAR Inks MoU with ARKAN - ARKAN to become major building material supplier to ALDAR
Summary: ALDAR Properties PJSC, the leading integrated property development company, today signed a memorandum of understanding (MoU) with ARKAN Building Materials Company PJSC, for maximising business opportunities and linking their supply chains. The MoU was signed by Ahmed Ali Al Sayegh, Chairman, ALDAR Properties, and Salem bin Mohamed Al Dhaheri, Chairman, ARKAN Building Materials Company
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Wednesday 14th May, 2008
ALDAR Awarded "Best Islamic Real Estate Finance" at the Cityscape Middle East Awards - ALDAR's released phases of Al Raha Beach fully booked within three hours during first day at Cityscape Abu Dhabi
Summary: ALDAR Properties, the leading integrated property development company has been awarded the "Best Islamic Real Estate Finance" award at the Cityscape Middle East Award ceremony which took place at the Emirates Palace Hotel in the evening of the first day of Cityscape Abu Dhabi. Receiving that recognition came after a successful day at Cityscape Abu Dhabi where ALDAR’s stand thronged with visitors following the reintroduction of its landmark development, Al Raha Beach, as the "Ultimate Waterfront City." The released four phases of ALDAR’s three precincts from Al Raha Beach on display at Cityscape were fully booked by early afternoon on the opening day
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Tuesday 13th May, 2008
ALDAR To Make Waves With Its Ultimate Waterfront City - ALDAR to showcase Al Raha Beach at 2nd Annual Cityscape Abu Dhabi
Summary: ALDAR Properties PJSC, the leading Abu Dhabi-based fully integrated property developer, is unveiling some major precincts within its flagship development, Al Raha Beach, at the second annual Cityscape Abu Dhabi Exhibition 2008 to be held at the Abu Dhabi National Exhibition Centre from May 13 to 15th
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Monday 12th May, 2008
ALDAR To Showcase Landmark Development at Cityscape Abu Dhabi - Property development company affirms its role to contribute to the vision of Abu Dhabi
Summary: ALDAR Properties PJSC, the leading Abu Dhabi-based fully integrated property developer, is showcasing Al Raha Beach, one of its landmark developments, at the second annual Cityscape Abu Dhabi Exhibition 2008 to be held at the Abu Dhabi National Exhibition Centre from May 13 to 15th
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Wednesday 7th May, 2008
ALDAR Signs an Agreement with The Rezidor Hotel Group - Agreement to develop a Radisson SAS Hotel on ALDAR's YAS Island
Summary: ALDAR Properties, the leading Abu Dhabi-based property developer's Hotels and Hospitality division signed an initial agreement with The Rezidor Hotel Group to develop a Radisson SAS Hotel in Abu Dhabi on the luxury leisure entertainment destination YAS Island. The signing brought together, Paul Bell, Managing Director ALDAR Hotels and Hospitality and Jean-Marc Busato, Area Vice President of The Rezidor Hotel Group
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