Aldar and Emaar shares climb after Dh30bn strategic alliance - The National:
"Shares in Aldar and Emaar Properties jumped in Wednesday, as further details emerged about the first projects to be developed under the Dh30 billion strategic partnership signed on Tuesday between the UAE’s two largest real estate developers. Aldar shares, listed on the Abu Dhabi Securities Exchange, rose by as much as 6.5 per cent to a seven week intraday high in the morning session, before slipping back to trade up around 3.7 heading into the final hour. Dubai-listed Emaar were up by around 2.7 per cent around 1pm UAE time, a ten day intraday high. The developers on Tuesday afternoon announced a strategic partnership “to develop the world’s next era of iconic destinations,” with a targeted Dh30 billion national and international development pipeline."
'via Blog this'
No comments:
Post a Comment