Aldar Q3 profits rise, books January land sales
Aldar Q3 profits 144 million dirhams; Q3 revenues at 3.13 bln dirhams; Q3 revenues up on 2.6 bln dirham land sale to Abu Dhabi
November 3, 2011 5:36Register for our free newsletter
Aldar Q3 profits 144 million dirhams; Q3 revenues at 3.13 bln dirhams; Q3 revenues up on 2.6 bln dirham land sale to Abu Dhabi
November 3, 2011 5:36With Aldar's lay offs, Surouh's misses target and Emaar's 34 percent drop, will Dubai's $1 billion investment injection be enough?
October 31, 2011 2:38Firm to slash 105 jobs, 24 pct of total workforce; Says to scale down on certain functions; Co to continue focus on Abu Dhabi market
October 31, 2011 9:11Despite builders possible taking provisions for discounted Nakheel sukuk and Sorouh’s possible good earnings, concerns on Abu Dhabi Aldar's funding woes may continue to keep overall property earnings down.
October 23, 2011 4:37Reuters columnist Una Galani things that even with debts between TDIC and Aldar, the UAE capital has not learnt any lessons from history at all. Will it survive its next financial move?
July 12, 2011 10:26Troubled developer does not foresee more impairments; No need for extra funding at present - Aldar CEO; Developer expects to put 2,000 units on sale in 2011; Aldar to return to profit in 2011 - CEO
April 17, 2011 12:43Dubai's index makes its largest gain in 15 months with the benchmark climbing 4.3 per cent to 1,513 points, trimming its 2011 losses to 7.2 percent.
March 13, 2011 3:08Kipp’s Abu Dhabi friends are showing off again. But Kipp can bring them down to earth with just one little word: Aldar. Ha! Not laughing now, are you?
February 9, 2011 2:37Good news: This week some of the big boys say they expect to return to profit this year. Still a wee bit of debt to worry about, but it’s a start.
January 19, 2011 5:38Spokesman confirms guidance given by CFO on Monday.
January 18, 2011 4:30Hydrogen power plant needs government go ahead. Project hampered by pricing talks with customers.
January 18, 2011 4:05Abu Dhabi’s investment in Aldar may be a bitter pill for shareholders to swallow, but it’s a darn sight better than the alternative. Meanwhile Nakheel bonds will settle some nerves.
January 16, 2011 3:27Aldar plans asset sales, convertible bond.
January 11, 2011 4:31Project to be completed in 18 months-currently managed by Aldar Properties
January 9, 2011 3:46Abu Dhabi’s Aldar rises 2.9 percent.
January 9, 2011 2:17