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Aldar awards AED1.7bn contract for Yas Acres

  Abu Dhabi / WAM Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has appointed Trojan General Contracting as the main contractor for the first three precincts of its flagship development on Yas Island, Yas Acres. Trojan will mobilise on site immediately as it works on the infrastructure, 652 villas and townhouses, the golf course, golf club ...

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Barakah N-plant gets continued support of country’s leadership

  ABU DHABI / WAM The Barakah Nuclear Energy Plant, the UAE’s first nuclear energy plant currently being developed in the Al Dhafra region in Abu Dhabi, has received considerable attention and support by the wise leadership of the UAE. This support is reflected in the various site visits by UAE leaders and officials since the launch of the project. ...

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Emaar Malls net profit jumps 19% to reach AED539 million

Dubai / Emirates Business Emaar Malls, the shopping malls and retail business majority-owned by Emaar Properties PJSC, recorded a net profit of AED 539 million ($ 47 million) in Q1 (January to March) of 2017, higher by 19 percent over Q4 (September to December) 2016 net profit of AED 452 million ($123 million) and similar to net profit of AED ...

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