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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 5:36
 
Digging deeper: UAE’s property sector continues to get owned

Digging deeper: UAE’s property sector continues to get owned

With 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 2:38
 

Abu Dhabi’s Aldar Cuts Jobs, To Scale Back Ops

Firm 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 9:11
 
No saving grace for UAE property sector just yet

No saving grace for UAE property sector just yet

Despite 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 4:37
 
A lesson not learned: Abu Dhabi debt confusion needs clearing up

A lesson not learned: Abu Dhabi debt confusion needs clearing up

Reuters 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 10:26
 

INTERVIEW-UAE developer Aldar to return to profit in 2011 – CEO

Troubled 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 12:43
 

Dubai sees biggest gain in 15 months, markets up

Dubai'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 3:08
 
Alright, don’t rub it in

Alright, don’t rub it in

Kipp’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 2:37
 
Nice profit. Shame about the debt

Nice profit. Shame about the debt

Good 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 5:38
 

Abu Dhabi’s Aldar sees profit in 2011, shares rise

Spokesman confirms guidance given by CFO on Monday.

January 18, 2011 4:30
 

Masdar delays $2.2 bln joint venture with BP

Hydrogen power plant needs government go ahead. Project hampered by pricing talks with customers.

January 18, 2011 4:05
 
The market’s medicine

The market’s medicine

Abu 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 3:27
 

UAE property firms turn to shareholders for funds

Aldar plans asset sales, convertible bond.

January 11, 2011 4:31
 

ACC wins $204 million contract from Masdar

Project to be completed in 18 months-currently managed by Aldar Properties

January 9, 2011 3:46
 

Aldar at 4-wk high, traders bet on govt aid

Abu Dhabi’s Aldar rises 2.9 percent.

January 9, 2011 2:17