Aldar Properties PJSC

Type: Company
Name: Aldar Properties PJSC (ALDAR Properties PJSC)
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Bank shares stabilize lackluster Abu Dhabi market

Aldar Properties, the first developer in the UAE capital, fell by 3.20 per cent to AED3.63. Aldar said in a filing to the ADX, the board of directors will meet on July 10 to...view more ... [Published ExchangeTradedFunds.com - Jul 10 2014]
First reported Jul 10 2014 - Updated Jul 10 2014 - 1 reports

Abu Dhabi developer dips as Asteco releases quarterly report

Aldar Properties declined by 0.28 per cent, finishing at AED3.60. Real estate services agency Asteco revealed earlier in the day, on average, apartment sales in the UAE climbed by four per cent quarter on quarter...view more ... [Published ExchangeTradedFunds.com - Jul 10 2014]
First reported Jul 09 2014 - Updated Jul 09 2014 - 1 reports

UAE Citizens To Travel Visa-Free To Kazakhstan From July 15

Kazakhstan is introducing a 15-day visa-free regime for citizens from 10 countries.ByAarti Nagraj1 hour agoUAE citizens will not require a visa to visit Kazakhstan for up to 15 days, according to a new ruling set to be enforced from July 15.The government ... [Published Gulf Business - Jul 09 2014]
First reported Jul 08 2014 - Updated Jul 09 2014 - 1 reports

MIDEAST STOCKS-UAE markets edge down; Qatar rises

–(Adds early trade)DUBAI, July 8 (Reuters) - Bourses in the United Arab Emirates edged down in early trade on Tuesday as Dubai builder Arabtec started pulling back after a strong rebound, while banks and telecommunications lifted Qatar.Dubai's market ... [Published Yahoo! Maktoob News - Jul 08 2014]
First reported Jul 08 2014 - Updated Jul 08 2014 - 1 reports

Property firms retiring high-cost debts

The UAE property companies are gradually retiring their high cost debts, which they had availed when the credit markets were tight, in the form of bank borrowings and through the issue of capital market debt instruments.According to corporate analysts, ... [Published 4 Traders - Jul 08 2014]
First reported Jul 06 2014 - Updated Jul 07 2014 - 4 reports

Dividends buoy up Saudi stock market

JEDDAH – Saudi Arabia’s bourse rose 0.66 percent to 9,752.16 points on Sunday. Saudi Basic Industries Corp (SABIC) was the main support, rising 1.1 percent after proposing a cash dividend for the first half of 2014 of SR2.5 per share, up from SR2.0 a ... [Published Saudi Gazette - Jul 07 2014]
First reported Jul 07 2014 - Updated Jul 07 2014 - 1 reports

MIDEAST STOCKS-UAE rally meets profit-taking

–(Adds early trade)DUBAI, July 7 (Reuters) - Dubai's bourse pulled back in early trade on Monday after a four-day rally started to lose steam, giving way to profit-taking in the absence of fresh, positive catalysts.The emirate's main index slid 2.1 percent ... [Published Yahoo! Maktoob News - Jul 07 2014]
First reported Jul 06 2014 - Updated Jul 06 2014 - 2 reports

Aldar Properties PJSC : plans to cut debt by half

Aldar Properties announced its intention to cut its remaining debt byhalf, to AED five billion, by the end of 2015. This comes as part of theCompany's constant effort to improve its budget. The Company had in factcut its debt from AED 14.5 billion to ... [Published 4 Traders - Jul 06 2014]
First reported Jul 05 2014 - Updated Jul 05 2014 - 1 reports

Aldar plans to halve gross debt by end-2015

Aldar Properties is planning to reduce its remaining gross debt by half to AED5bn by the end of 2015, as the Abu Dhabi developer continues to make progress on cleaning up its balance sheet.The company, which was hit hard by the financial crisis and a ... [Published Arabian Business - Jul 05 2014]
First reported Jun 29 2014 - Updated Jun 30 2014 - 3 reports

Aldar's Al Rayyana already fully let

Aldar Properties has announced that its Al Rayyana residential community next to Abu Dhabi golf club is already fully let after just six months on the market.The gated community scheme contains 1,537 apartments across 33 low-rise blocks next to Abu Dhabi ... [Published ConstructionWeekOnline.com - Jun 30 2014]
First reported Jun 25 2014 - Updated Jun 25 2014 - 4 reports

Aldar to set up 23 new projects

Abu Dhabi-based Aldar Properties, one of the Middle East's largest developers, is planning to build 23 new real estate projects in the next three to five years, the company's chairman said in press comments published on Wednesday.Abu Baker Al ... [Published UAE Interact - Jun 25 2014]
First reported Jun 13 2014 - Updated Jun 13 2014 - 2 reports

Aldar Properties launches Ansam?s second sales event

(MENAFN - Khaleej Times) Aldar properties this week announced that phase one of its ansam residential development on yas island saw strong demand at the ... [Published MENAFN - Jun 13 2014]

Quotes

Greg Fewer, Chief Financial Officer of Aldar Properties , said, "Our strategy to continue deleveraging the business and reduce the company's annual interest payment is well advanced. Thanks to our refinancing initiatives the company will now pay AED700 million less annually to service our debts - a reduction of 70 per cent over just one year"
"Yesterday's trading wasn't broad-based. People saw that today and are taking profits were they can" said Sanyalak Manibhandu, manager of research at NBAD Securities. "They are not going back in."
"In Qatar we had seen a very strong technical rebound (last week), but it may have been too strong so we are now seeing some profit-taking" Henin said. (Reporting by Olzhas Auyezov; Editing by Andrew Torchia)
"This company is part of a huge group — the sale of one for a good price will translate into profits for all the others" said Fouad Abdulrahman Alhadlaq, deputy general manager at Al Dar Asset Management in Kuwait

More Content

All (114) | News (113) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
sort by: Date | Relevance
Abu Dhabi developer dips as Asteco releases qua... [Published ExchangeTradedFunds.com - Jul 10 2014]
Bank shares stabilize lackluster Abu Dhabi market [Published ExchangeTradedFunds.com - Jul 10 2014]
Abu Dhabi apartment, villa sales prices increas... [Published Gulf News - Jul 09 2014]
UAE Citizens To Travel Visa-Free To Kazakhstan ... [Published Gulf Business - Jul 09 2014]
Property firms retiring high-cost debts [Published 4 Traders - Jul 08 2014]
MIDEAST STOCKS-UAE markets edge down; Qatar rises [Published Yahoo! Maktoob News - Jul 08 2014]
MIDEAST STOCKS-UAE rally meets profit-taking [Published Yahoo! Maktoob News - Jul 07 2014]
Dividends buoy up Saudi stock market [Published Saudi Gazette - Jul 07 2014]
Arabtec lifts UAE stock market [Published The Gulf Today - Jul 07 2014]
Aldar Properties PJSC : plans to cut debt by half [Published 4 Traders - Jul 06 2014]
Aldar Properties plans to cut debt by half [Published Mubasher - Jul 06 2014]
Stock News: Property, Banks Lift UAE Markets [Published Gulf Business - Jul 06 2014]
MIDEAST STOCKS-Property, banks lift UAE markets [Published Yahoo! Maktoob News - Jul 06 2014]
Aldar plans to halve gross debt by end-2015 [Published Arabian Business - Jul 05 2014]
Mega mall workers hailed [Published Abhu Dhabi Week - Jul 03 2014]
Dubai stocks post biggest daily gain since Sept... [Published Arab News - Jul 02 2014]
Brokers blamed for extending credit as DFM decl... [Published Abu Dhabi National - Jun 30 2014]
Aldar's Al Rayyana already fully let [Published ConstructionWeekOnline.com - Jun 30 2014]
DFM driven down as fund managers cite ‘violatio... [Published Abu Dhabi National - Jun 30 2014]
ALDAR PROPERTIES PJSC : Al Rayyana development ... [Published 4 Traders - Jun 29 2014]
Aldar completes Al Rayyana leasing 18 months af... [Published Abu Dhabi National - Jun 29 2014]
Aldar’s Al Rayyana development fully leased ahe... [Published Mubasher - Jun 29 2014]
Aldar Hosts Its First Major Event At Yas Mall [Published UAE Today - Jun 29 2014]
Arabtec plunge weighs on Dubai index [Published Gulf News - Jun 26 2014]
Aldar to set up 23 new projects [Published UAE Interact - Jun 25 2014]
ALDAR PROPERTIES PJSC : to set up 23 new projects [Published 4 Traders - Jun 25 2014]
Aldar to set up 23 new projects [Published Mubasher - Jun 25 2014]
Aldar to set up 23 new projects [Published Emirates247 - Jun 25 2014]
Qatar bourse index loses 24.10 points [Published Qatar Peninsula - Jun 24 2014]
Ferrari World announces major expansion plans [Published The Gulf Today - Jun 24 2014]
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