Aldar Group News Today

Zepth is in talks with investors to raise its first funding round in order to expand in the Americas, as well as deeper in India and the Middle East. The companys project manager app has over 40,000 downloads in India and is used by over 500 projects and 8,000 daily users.

The 10-year sukuk was priced with a 4.875% coupon rate and is amongst the highest price tightening of any corporate issuance in 2023

The issuance forms part of a $2 billion financing programme by Aldar Investment Properties to support its growth agenda and sustainability commitments.

Aldar group revenue in 2022 rose to Dhs11.2 billion, up 31 per cent year on year

Faisal Falaknaz takes on acting CFSO role in addition to being CFO of Aldar Investment

Over 1,300 business leaders expected to attend the event

The Ministry of Industry and Advanced Technology (MoIAT) will host the ‘’Make it in the Emirates Forum’’ on June 21-22, drawing a large number of local and international industrial companies, government entities, financing institutions, and investors.

More than 1,300 entities to participate in the event

Aldar Group has reported AED688 million ($187.31 million) in net profit in the first quarter of 2022, a year-on-year growth of 26.5 percent, according to its financial results released on Wednesday.

Revenues stood at Dhs2.68bn in Q1 2022, a year-on-year growth of 31.5 per cent