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FINANCIAL NEWS
Abu Dhabi’s Sorouh leases 287 units for 30 years
27 Oct 2011
(MENAFN) Abu Dhabi-based Sorouh Real Estate said it signed a 30-year lease agreement for 287 units in its Alrayyana development, Arabian Business reported.
Abu Dhabi’s second largest developer said previously this month it expects government projects to become a core part of its developments in the short term.
Sorouh secured housing projects worth USD1.5 billion from the government since 2009, and it seeks to win further projects.
Abu Dhabi in August announced plans to distribute about USD626 million to more than 1,400 citizens in the form of housing loans, to build homes or renovate their properties.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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