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FINANCIAL NEWS
UAE’s Aldar records USD517.3m in sales in H1
15 Jul 2015
(MENAFN) Aldar Properties, the Abu Dhabi-based real estate developer, recorded USD517.3 million from three projects in the first half of the year, a corporate statement said, Reuters reported.
The sales included land plots over Nareel Island and its Al Merief developments, added to unit sales at Meera at Shams Abu Dhabi, the company added in its statement.
Aldar did not officially submit its financial results for the second quarter. Nonetheless, according to SICO Bahrain, Aldar will post a net profit of around USD140.07 million in the second quarter.
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