March 11, 2010
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Press Releases

Wednesday 10th March, 2010

Aldar brings Abu Dhabi's Yas Island to ITB Berlin - Firm showcases major new leisure and entertainment destination to travel industry


Summary: Yas Island, surrounded by the azure waters of the Arabian Gulf, is the venue for the Formula 1™ Etihad Airways Abu Dhabi Grand Prix, which takes place this year on 12-14th November. Ahead of the inaugural race last November, Aldar was responsible for the delivery of the Yas Marina Circuit, 7 brand new hotels, Yas Marina and all the infrastructure and race-related facilities and a number of new entertainment destinations will open to the public in 2010
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Sunday 14th February, 2010

Aldar announces positive 2009 financial results and signposts future growth prospects


Summary: Aldar Properties PJSC, Abu Dhabi's leading property development investment and management company, today announced its financial results for 2009, reporting AED 906.8 million as earnings before interest, depreciation and amortisation (2008: AED 3,371.1 million)
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Sunday 7th February, 2010

Aldar launches partnership programme - Offers strategic alliance opportunities across the company's diverse portfolio


Summary: Aldar Properties, Abu Dhabi's leading property development, management and investment company, today launched the Aldar Partnership Programme, a strategic initiative designed to integrate exclusively selected, well-established partners across the breadth of the firm's development assets
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Wednesday 3rd February, 2010

Al-Futtaim and Aldar break ground at Yas Island to launch construction for IKEA's flagship store in the Middle East


Summary: IKEA UAE, part of Al-Futtaim group today announced it expects to serve nearly 1.3 million visitors in the first year of operations when the world's best known furniture and furnishing company opens for business on Yas Island, the major new leisure and entertainment destination under development in Abu Dhabi by Aldar Properties, in early 2011
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Monday 1st February, 2010

Al-Futtaim signs up for Aldar's Motor World development


Summary: Aldar Properties, Abu Dhabi's leading property development, investment and management company, today confirmed that Al-Futtaim will be part of Motor World, the multi-use automotive development in Abu Dhabi dedicated to buying, selling and servicing of both new and pre-owned cars
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Monday 23rd November, 2009

Aldar reveals hidden technology at work behind Yas Island


Summary: Aldar Properties, Abu Dhabi's leading property development, management and investment company, has revealed details of two infrastructure systems in use at Yas Island, its major new leisure and entertainment destination and host venue for the inaugural Formula 1™ Etihad Airways Abu Dhabi Grand Prix. The island is the first major commercial development in Abu Dhabi to feature both a natural gas distribution and transmission network and a vacuum waste handling system
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Wednesday 11th November, 2009

Yas Island named World's Leading Tourism Development Project at World Travel Awards


Summary: Aldar Properties, Abu Dhabi's leading property development, management and investment company, is pleased to announce that Yas Island, its major new leisure and entertainment destination was selected as the World's Leading Tourism Development Project at the World Travel Awards held earlier this week in London
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Sunday 8th November, 2009

Aldar brings Yas Island to World Travel Market in London with ADTA - Abu Dhabi firm showcases major new leisure and entertainment destination to travel industry


Summary: Aldar, Abu Dhabi’s leading property development, management and investment company, has brought Yas Island to the World Travel Market event, held in London’s Excel centre this week. As part of an Abu Dhabi Tourism Authority delegation, Aldar will showcase this brand new retail, leisure and entertainment destination to industry professionals and the public
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Thursday 29th October, 2009

Aldar announces completion of Ferrari World Abu Dhabi external structure


Summary:
  • Major milestone in development of world's largest indoor theme park covering 200,000 m2
  • Structure features iconic 66m "Scuderia Ferrari" emblem

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Tuesday 27th October, 2009

Aldar declares stable nine months 2009 results


Summary: Aldar Properties PJSC, Abu Dhabi's leading property development, investment and management company today announced financial results for the first nine months of 2009. Despite still challenging economic conditions, Aldar reported net profit of AED 1,569.8 million with gross revenues of AED 1,740.5 million during the period
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