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June 28, 2022
With this investment, Alpha Dhabi has become the parent company of Aldar Properties
June 28, 2022
ABU DHABI, 28th June, 2022 (WAM) -- Alpha Dhabi Holding has increased its stake in Aldar Properties, reaffirming its position as the largest shareholder and consequently becoming Aldar's parent company. Through this latest additional stake, Alpha Dhabi has raised its shareholding of Aldar to complement its existing majority representation on Aldar's Board of Directors. Accordingly, Aldar will be treated as a subsidiary in Alpha Dhabi's consolidated financial statements, the impact of...
June 28, 2022
Alpha Dhabi Holding, a leading investment firm in the UAE, has increased its stake in Aldar Properties, a major real estate developer, reaffirming its position as the single largest shareholder and consequently becoming Aldar’s parent company.
June 28, 2022
RIYADH: Alpha Dhabi Holding has raised its stake in Abu Dhabi-based mega-developer Aldar Properties, whereby it will become the parent company of the latter. With the latest stake purchase, the company complements its existing majority representation on Aldar’s board of directors, according to a statement. Alpha Dhabi, which is listed on the Abu Dhabi securities exchange,
June 28, 2022
Latest deal will reflect immediately in Alpha Dhabi's financials
May 27, 2022
UAE-based investment firms Alpha Dhabi Holding and IHC will make AED367 million ($100 million) and AED183 million investments, respectively, into Borouge’s initial public offering (IPO) as cornerstone investors.
May 23, 2022
UAE-based investment firms Alpha Dhabi Holding and IHC will make AED367 million ($100 million) and AED183 million investments, respectively, into Borouge’s initial public offering (IPO) as cornerstone investors.
May 19, 2022
Alpha Dhabi's investment in the fund involves a capital contribution of Dhs2.6bn and undrawn capital commitment of Dhs6.6bn.
May 19, 2022
Alpha Wave Ventures II fund will commit to multi-stage firms in AI, fintech and more
May 19, 2022
Alpha Dhabi Holding, one of the fastest-growing investment holding companies in the UAE, has made a AED9.2 billion ($2.504 billion) commitment to invest in Chimera Capital and Alpha Wave’s landmark ‘Alpha Wave Ventures II’ venture fund which was announced