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    ALDAR   AEA002001013

ALDAR PROPERTIES PJSC

(ALDAR)
  Report
End-of-day quote. End-of-day quote Abu Dhabi Securities Exchange - 08/04
4.04 AED   -0.49%
07/11Aldar Launches Exclusive Land Plots At Al Gurm Waterfront Community
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07/01Aldar Properties PJSC Launches Saadiyat Reserve the Dunes
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06/27IHC becomes Abu Dhabi's most valuable listed firm after unit lists
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Dubai's ruler reveals Emaar, Aldar to launch projects worth $8.2 billion

03/20/2018 | 10:36am EDT
FILE PHOTO: An Emaar Properties logo projected onto Burj Khalifa, the world's tallest tower

DUBAI/ABU DHABI (Reuters) - United Arab Emirates property developers Emaar and Aldar are partnering to launch local and international projects worth 30 billion dirham (£5.85 billion), Dubai's ruler said on Tuesday.

Sheikh Mohammed bin Rashid al-Maktoum, who is also Prime Minister and Vice-President of the UAE, made the announcement on Twitter.

The state-linked developers will co-develop the Emaar Beach Front in Dubai and Saadiyat Island in Abu Dhabi, the Dubai Media Office later tweeted.

Emaar Beach Front is a residential artificial island project under development off the coast of Dubai near the palm tree shaped Palm Jumeirah island.

Saadiyat, in Abu Dhabi, hosts branches of the Louvre museum and New York University, and residential and commercial developments.

(Reporting by Alexander Cornwell and Stanley Carvalho; Editing by Saeed Azhar and Alexander Smith)


ę Reuters 2018
Stocks mentioned in the article
ChangeLast1st jan.
ALDAR PROPERTIES PJSC -0.49% 4.04 End-of-day quote.28.25%
EMAAR DEVELOPMENT PJSC 1.07% 3.79 End-of-day quote.37.82%
EMAAR PROPERTIES PJSC 1.00% 4.05 End-of-day quote.14.73%
All news about ALDAR PROPERTIES PJSC
07/11Aldar Launches Exclusive Land Plots At Al Gurm Waterfront Community
CI
07/01Aldar Properties PJSC Launches Saadiyat Reserve the Dunes
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06/27IHC becomes Abu Dhabi's most valuable listed firm after unit lists
RE
06/21HILL INTERNATIONAL : Secures Project Management Services Contract from UAE's Ald..
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05/30Aldar Properties AnnounceS That Noya Luma, the Third Phase of Its Highly Succ..
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05/25Aldar Properties Announces the Launch of 189 Standalone Villas at Noya Luma o..
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05/10Aldar Properties Pjsc Reports Earnings Results for the First Quarter Ended Ma..
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05/03Aldar Properties to Invest in Fifth Wall Proptech Fund
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04/06Aldar Properties Launches of Noya Viva, the Next Phase of Its Highly Successf..
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04/01ALDAR PROPERTIES : Ex-dividend day for final dividend
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More news
Financials
Sales 2021 8 638 M 2 352 M 2 352 M
Net income 2021 2 121 M 578 M 578 M
Net Debt 2021 2 658 M 724 M 724 M
P/E ratio 2021 15,0x
Yield 2021 3,75%
Capitalization 32 787 M 8 926 M 8 927 M
EV / Sales 2021 4,10x
EV / Sales 2022 4,26x
Nbr of Employees 2 891
Free-Float 62,7%
Chart ALDAR PROPERTIES PJSC
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Aldar Properties PJSC Technical Analysis Chart | ALDAR | AEA002001013 | MarketScreener
Technical analysis trends ALDAR PROPERTIES PJSC
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TrendsBullishBullishBullish
Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 9
Last Close Price 4,04 AED
Average target price 3,75 AED
Spread / Average Target -7,12%
EPS Revisions
Managers and Directors
Talal Al-Dhiyebi Chief Executive Officer
Gregory Howard Fewer Chief Financial & Sustainability Officer
Mohammed Khalifa Al-Mubarak Chairman
Mohammad H. Abedalrahman Chief Compliance Officer
David Dudley Executive Director-Investments & Partnerships