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Aldar acquires Basatin in AED150 million deal

ABU DHABI / WAM Aldar Properties has acquired Basatin Landscaping as part of its drive to further scale up and broaden its integrated property and facilities management platform, Aldar Estates. Through this transaction, valued at AED150 million, Aldar will hold a majority stake of 75% in Basatin, with the remaining 25% held by a strategic partner. Basatin is a provider ...

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UAE-India Business Forum discusses investment prospects

SHARJAH / WAM The Sharjah Chamber of Commerce and Industry (SCCI) has embarked on a landmark trade mission to the Republic of India, marking a significant step in strengthening economic ties between the two nations. The trade mission’s first leg commenced with the highly successful UAE-India Business Forum held in Mumbai, India’s bustling commercial capital. The UAE-India Business Forum, organised ...

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UAE’s political will to use culture is inspiring: Lesley Lokko

VENICE / WAM “The political will to use culture in an intelligent and thoughtful way is inspiring,” said Lesley Lokko, curator of the 18th International Architecture Exhibition of La Biennale di Venezia Venice Architecture Biennale, referring to the UAE’s national policy and strategy, during an interview to Emirates News Agency (WAM) in Venice. On the sidelines of the International press ...

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