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Abu Dhabi's NBAD Launches UAE Real Estate Fund

Abu Dhabi's NBAD Launches UAE Real Estate Fund

The National Bank of Abu Dhabi (NBAD) has launched a real estate fund in partnership with a Kuwaiti firm to seek investment opportunities in the UAE’s property sector, the lender said on Sunday.

April 23, 2012 9:20
 
Dubai's Arabtec Wins Contract from Shareholder Aabar

Dubai's Arabtec Wins Contract from Shareholder Aabar

Arabtec, in which state-owned investment fund Aabar owns a 10.45 percent stake, said the contract to build a tower of 229 apartments would take 22 months to complete.

April 22, 2012 10:42
 
Abu Dhabi Airport Posts 21 Percent Passenger Growth in Q1

Abu Dhabi Airport Posts 21 Percent Passenger Growth in Q1

The airport saw 3.4 million passengers pass through it in the first three months of this year, a statement from the operating company said.

April 22, 2012 10:23
 
S&P ups UAE-Based Aldar Properties to 'B+'

S&P ups UAE-Based Aldar Properties to 'B+'

Standard & Poor's Ratings Services raised its long-term corporate credit rating on Abu Dhabi-based property company Aldar Properties PJSC (Aldar) to 'B+' from 'B'

April 18, 2012 9:37
 
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