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Sorouh Real Estate

Type: Company

Name: Sorouh Real Estate

Fact Sheet: Fact Sheet for Sorouh Real Estate

First reported 2 hours ago - Updated 2 hours ago - 1 reports

Emaar Properties PSJC

Dubai rallies to 4-year high

Dubai’s benchmark stock index rose to its highest close since October 2009, propelled by property and banking sectors to underscore the resounding resurgence in investor optimism.The DFM General Index advanced 2.5 per cent to 2,352.21 points on Sunday ... [Published Khaleej Times - 2 hours ago]

Entities: Emaar Properties PSJC, Dubai, Doha (Kuwait)

First reported 8 hours ago - Updated 5 hours ago - 4 reports

Volumes triple as Aldar and Sorouh shares peak

Hadeel al Sayegh and Lucy BarnardAldar Properties and Sorouh Real Estate shares rose more than 14 per cent to touch their maximum price ceiling yesterday as volumes more than tripled amid investor speculation that shares post-merger will trade at a p ... [Published Abu Dhabi National - 5 hours ago]

Entities: Abu Dhabi, Stocks, Sorouh Real Estate, Drake & Scull International, Aldar Properties PJSC

First reported 10 hours ago - Updated 10 hours ago - 1 reports

Population news on Abu Dhabi lift developers to new highs

The ADX General Index surged 1.42% to hit 3,564.20 points Sunday. The biggest developers in the emirate Aldar Properties and Sorouh Real Estate soared to near limit-up levels (15% higher), closing at Dhs2.46 and Dhs1.95, respectively (for Aldar the level ... [Published AME Info - 10 hours ago]

Entities: Abu Dhabi, Sorouh Real Estate, Aldar Properties PJSC, Stock Market

First reported May 17 2013 - Updated May 17 2013 - 1 reports

Abu Dhabi National Takaful Company PSC

Major Saudi firms in Forbes Top 500 list

With the support of Sheikh Nahyan Mabarak Al Nahyan, the UAE's minister for culture, youth and community development, Forbes Middle East hosted a prestigious event at Ritz Carlton, Abu Dhabi on Tuesday, in recognition of The Top 500 Companies in the Arab ... [Published GulfBase - May 17 2013]

Entities: United Arab Emirates, Mark Batey, National Marine Dredging Company, Al Khazna Insurance Company, Abu Dhabi National Takaful Company PSC

First reported May 16 2013 - Updated May 16 2013 - 1 reports

Arabtec Holding PJSC

DFM rises amid drop in volumes, ADX remains flat

UAE markets rise after trading in negative territory for most of the session Dubai: After trading in negative territory for most of the session amid lower volumes, both Dubai and Abu Dhabi benchmark measure managed to end higher yesterday. Dubai and Abu ... [Published Gulf News - May 16 2013]

Entities: Arabtec Holding PJSC, Abu Dhabi, Dubai

First reported May 15 2013 - Updated May 15 2013 - 1 reports

DFM and ADX maintain upward trend

Strong performance being attributed to the flood of liquidity Dubai: Dubai?s benchmark index continued yesterday from where it ended on Tuesday, as stocks maintained their upward trend to set new highs since October 2009. At close, the DFM?s measure rose ... [Published Gulf News - May 15 2013]

Entities: Provisioning, Dubai, United Arab Emirates

First reported May 01 2013 - Updated May 02 2013 - 1 reports

Aldar Properties PJSC

Dubai shares recoup early losses close at new high

Mixed earnings results from Aldar Properties and Sorouh Real Estate weigh on Abu Dhabi Dubai: The Dubai bourse recovered early losses to close at a new three-and-a-half-year high despite Emaar Properties shares falling.The index closed 0.06 per cent higher ... [Published Gulf News - May 01 2013]

Entities: Dubai, Sorouh Real Estate, Aldar Properties PJSC, Emaar Properties PSJC

First reported May 02 2013 - Updated May 02 2013 - 1 reports

Aldar's quarterly profit drops by more than half

1:17 AM[DUBAI] Abu Dhabi's Aldar Properties, set to come together in a state-backed merger with Sorouh Real Estate, reported lower quarterly earnings on Tuesday in a fresh indication of continued weakness in the UAE capital's property sector. ... [Published Business Times Singapore - May 02 2013]

Entities: Sorouh Real Estate, Aldar Properties PJSC, Abu Dhabi, Mergers & Acquisitions

First reported May 01 2013 - Updated May 01 2013 - 1 reports

Abu Dhabi's Sorouh net profit up 21% in Q1

(MENAFN) Sorouh Real Estate, based in Abu Dhabi, posted a first quarter net profit of USD27.7 million, a 21-percent increase from a year before, ... [Published MENAFN - May 01 2013]

Entities: Net Profit, Abu Dhabi, Sorouh Real Estate, Aldar Properties PJSC

First reported Apr 30 2013 - Updated May 01 2013 - 9 reports

Aldar and Sorouh shares fall after sales drop

Abu Dhabi: Aldar Properties and Sorouh Real Estate fell in Abu Dhabi trading after the Gulf emirate's two largest developers reported declining first-quarter revenue in the final earnings statements prior to their merger.Aldar, the bigger of the two companies, ... [Published Times of Oman - Apr 30 2013]

Entities: Abu Dhabi, Sorouh Real Estate, Aldar Properties PJSC, Declination

First reported Apr 30 2013 - Updated Apr 30 2013 - 6 reports

UAE real estate giants report mixed Q1 results

DUBAI, April 30 (Xinhua) -- Dubai-based Emaar and Aldar from Abu Dhabi, the two biggest developers in the United Arab Emirates (UAE), disclosed Tuesday declining year-on-year profits for the first quarter of this year.Emaar Properties, the developer of ... [Published Xinhua News Agency - Apr 30 2013]

Entities: United Arab Emirates, Emaar Properties PSJC, Real Estate, Abu Dhabi, Dubai

First reported Apr 30 2013 - Updated Apr 30 2013 - 1 reports

First Gulf Bank falls back on profit booking

The Abu Dhabi market index ADXGI closed 0.33% lower at 3,269.22 points Tuesday. First Gulf Bank (FGB) slipped 0.40% to Dhs14.85 after the UAE's second biggest lender by market capitalisation shaved 5-year earlier in the month. Yesterday, FGB said it generated ... [Published AME Info - Apr 30 2013]

Entities: First Gulf Bank, Sorouh Real Estate, Aldar Properties PJSC

Quotes

...entity … [will benefit from] Abu Dhabi's strategy and the upcoming Dh330 billion that will be spent on infrastructure projects," Mr Al Taha said. "AldarSorouh will be the biggest entity and developer in the capital and a direct recipient of the contracts."

Volumes triple as Aldar and Sorouh shares peak [Published Abu Dhabi National - 5 hours ago]

...Schubert said "I fail to see how the rally in the stock markets can be put into any sensible relation to the economic plight of the underlying countries. Do the economies of the US, Japan, Germany etc. really do that well?"

Population news on Abu Dhabi lift developers to new highs [Published AME Info - 10 hours ago]

"Everywhere you look, the cloud, mobile technology, social media and big data are inspiring profound change, empowering consumers, and increasing the reach and relevance of citizens like never before. Today, there are unprecedented opportunities for value-driven innovation, and business leaders must do everything they can to drive sustainable growth in what are clearly some of the world’s most diverse, exciting and dynamic markets. SAP is proud to be among those investing with long-term ambition in MENA, and we believe that our combination of pioneering solutions and multifaceted support for local talent is already having a significant, positive impact across some of the region’s most influential industries" he added

Major Saudi firms in Forbes Top 500 list [Published GulfBase - May 17 2013]

"The full arrangements will take years to implement but they are very serious about this. This is a very big initiative on the part of Abu Dhabi" O'Toole said

MIDEAST MONEY-Abu Dhabi financial zone to challenge Dubai [Published Reuters - May 08 2013]

More Content

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Dubai rallies to 4-year high [Published Khaleej Times - 2 hours ago]
Volumes triple as Aldar and Sorouh shares peak [Published Abu Dhabi National - 5 hours ago]
Dubai market index surges to four-year high [Published Gulf News - 7 hours ago]
Aldar Properties, Sorouh Surge Most Since 2005:... [Published Bloomberg - 8 hours ago]
Aldar Properties, Sorouh Surge Most Since 2005:... [Published Bloomberg via Google News - 8 hours ago]
Population news on Abu Dhabi lift developers to... [Published AME Info - 10 hours ago]
Dubai Rises in Longest Set of Gains Since 2011 ... [Published Bloomberg - 10 hours ago]
Major Saudi firms in Forbes Top 500 list [Published GulfBase - May 17 2013]
DFM rises amid drop in volumes, ADX remains flat [Published Gulf News - May 16 2013]
DFM and ADX maintain upward trend [Published Gulf News - May 15 2013]
MIDEAST MONEY-Abu Dhabi financial zone to chall... [Published AdBanks.net - May 08 2013]
MIDEAST MONEY-Abu Dhabi financial zone to chall... [Published Reuters - May 08 2013]
Aldar's quarterly profit drops by more than half [Published Business Times Singapore - May 02 2013]
Dubai shares recoup early losses close at new high [Published Gulf News - May 01 2013]
Abu Dhabi's Sorouh net profit up 21% in Q1 [Published MENAFN - May 01 2013]
Property firms post lower revenue [Published Gulf Daily News - May 01 2013]
Sorouh Q1 earnings surge 21.6% [Published Khaleej Times - Apr 30 2013]
Aldar and Sorouh shares fall after sales drop [Published Times of Oman - Apr 30 2013]
Abu Dhabi property stocks slide after mixed Q1 [Published Arab Finance - Apr 30 2013]
UAE real estate giants report mixed Q1 results [Published Xinhua News Agency - Apr 30 2013]
MIDEAST STOCKS-Abu Dhabi property stocks slide ... [Published Reuters UK - Apr 30 2013]
UPDATE 1-Dubai's Emaar Properties net profit sl... [Published Reuters - Apr 30 2013]
Dubai index hits new high [Published Gulf News - Apr 30 2013]
Real Estate: Sorouh’s net profit rises 21.6% [Published Gulf News - Apr 30 2013]
Sorouh Real Estate first quarter profit rise 21% [Published Business Intelligence Middle East - Apr 30 2013]
Real estate: Aldar’s Q1 profit, revenues plunge [Published Gulf News - Apr 30 2013]
First Gulf Bank falls back on profit booking [Published AME Info - Apr 30 2013]
Real estate: Aldar’s Q1 net profit slumps 67.7% [Published Gulf News - Apr 30 2013]
Abu Dhabi’s Aldar And Sorouh Report Drop In Q1 ... [Published Gulf Business - Apr 30 2013]
Abu Dhabi's property big guns fail to fire up m... [Published Abu Dhabi National - Apr 30 2013]

Blogs

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MIDEAST MONEY-Abu Dhabi financial zone to chall... [Published AdBanks.net - May 08 2013] Wed May 8, 2013 10:00am EDT * Abu Dhabi zone may compete with Dubai in all areas * Aims to recycle more of its own oil wealth * Dubai has entrenched position, flexible management * But Abu Dhabi has huge sovereign wealth fund * Two ...
UAE tops M&As in Mena [Published The First Group News - Apr 30 2013] The UAE topped the region in terms of total value of disclosed domestic merger and acquisition deals, comprising approximately 54 per cent worth $2.2bn; followed by Qatar also at 21 per cent worth $880.4m.In the domestic space, the UAE also led the number ...