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Emirates News Agency - Aldar, Diamond Developers partner to launch The Sustainable City on Yas Island

ABU DHABI, 18th January, 2022 (WAM) -- Aldar Properties (Aldar) today announced an agreement with Diamond Developers, the mastermind behind The Sustainable City brand, to form a joint venture (JV) for the development of a fully sustainable and unique community on Abu Dhabi’s Yas Island. The Sustainable City - Yas Island will span an area of 397,000 sqm in Yas North. It will be developed to align with the UAE’s net-zero goals and the highest sustainability standards, comprising 864 townhouses...
United Arab Emirates Yas Island Abuz Aby Abu Dhabi Jonathan Emery Faris Saeed
Source: wam.ae

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Emirates News Agency - Alpha Dhabi Holding raises stake in Aldar Properties to 30%

ABU DHABI, 3rd January, 2022 (WAM) -- Alpha Dhabi Holding (ADH) has announced the acquisition of an additional 17 percent shareholding of Aldar Properties. The acquisition will increase Alpha Dhabi Holding’s shares in Aldar Properties to 29.8 percent, making it one of the largest shareholders, said an ADH statement on Monday. Commenting on the announcement, Hamad Salem Mohamed Al Ameri, Managing Director and CEO of Alpha Dhabi Holding, said, "The real estate sector has been witnessing...
Al Qahirah Abu Dhabi Al Ameri Aldar Properties Alpha Dhabi Holding Aldar Development
Source: wam.ae

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