ABU DHABI / WAM Aldar Properties, Abu Dhabi’s leading listed property development, investment and management company, has announced the launch of ‘The Bridges’, a 1,272 unit, AED1.3 billion, mid-market residential development. Capitalising on the demand for this type of product, Aldar will release one of the towers for sale at Cityscape Abu Dhabi. Property prices will start from AED450,000, ...

  Bloomberg Saudi Arabia will develop 30 solar and wind projects over the next 10 years as part of the kingdom’s $50 billion program to boost power generation and cut its oil consumption. The world’s biggest exporter of crude oil will produce 10 percent of its power from renewables by 2023, Energy Minister Khalid Al-Falih said at a conference. It ...

  DUBAI / WAM The 19th Annual General Meeting (AGM) of Emaar Properties PJSC on Monday declared a cash dividend of 15 per cent of the share capital, equivalent to AED 1.074 billion (US$ 292 million), for distribution to the company’s shareholders. The AGM also approved the report of the Board of Directors on the activities and financial position of Emaar, ...