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FinancialNews


  • 12-11-20

    UAE: rise 8% seen in Aldar income

    (MENAFN)


    Enhanced by record sales accomplished in Abu Dhabi, a rise by 30 percent in proceed was observed in the Abu Dhabi-based Aldar Properties for the July-September period and an eight percent climb in incomes.

    Regardless of the economic crisis due to the coronavirus pandemic, proceeds of USD571.8 million for the July-September period and USD113.3 million net income over the stated period was announced by the biggest listed real estate firm in the country.

    "The strength of Aldar's business continues to be demonstrated in this challenging year, with our highly diversified business model delivering strong earnings," stated Talal Al Dhiyebi, chief executive officer of Aldar.

    MENAFN12112020000045011361ID1101115917

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