Shares of Abu Dhabi’s two biggest publicly traded developers rose yesterday on news that Aldar Properties advertised a tender to build 700 villas on Yas Island.
Aldar’s stock jumped 2.9 per cent, to Dh1.04, on the Abu Dhabi Securities Exchange (ADX) General Index.
Bidders should put their offers in by June 17, according to a report in MEED, the Middle East business-intelligence service.
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