Company News
Sorouh
Aldar And Sorouh Merger Becomes Effective (30 June 2013)3,381,000,000 new Aldar ordinary shares have been issued to those shareholders of Sorouh who appear on the share register of Sorouh immediately after close of trading on the Effective Date.
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Sorouh Announces First Quarter Results 2013 (30 April 2013)
Profit attributable to shareholders was up 21.6% year-on-year due to the change in revenue mix, release of contingencies on completed projects, and reduction in fair value losses on the Investment Portfolio.
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Shareholders Of Aldar And Sorouh Approve Merger (4 March 2013)
Abu Dhabi-listed companies Aldar Properties PJSC ("Aldar") and Sorouh Real Estate PJSC ("Sorouh") announce today that the shareholders of both companies have approved the merger of the two companies at their respective EGMs.
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Sorouh Records Another Strong Yearly Performance With Net Profit Of AED 507.5m (31 January 2013)
Occupancy across leasable properties remains high and Sorouh continues to see good leasing interest from residential, corporate and retail clients.
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Aldar and Sorouh Boards Recommend Merger (21 January 2013)
Abu Dhabi-listed companies Aldar Properties PJSC (Aldar) and Sorouh Real Estate PJSC (Sorouh) announced today that their boards of directors have unanimously voted to recommend a merger to their shareholders.
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Sorouh Real Estate wins ’Construction and Real Estate Deployment of the Year Award’ at ICT Achievement Awards (6 November 2012)
Sorouh Real Estate was awarded the Construction and Real Estate Deployment of the Year Award for its Oracle Human Capital (Talent) Management Implementation project, presented at the ICT Achievement Awards 2012 held in Dubai this month.
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Sorouh Retail Property Brand Boutik Opensin Sun & Sky Towers On Shams Abu Dhabi - Al Reem Island (5 July 2012)
BOUTIK, the retail property brand of Sorouh Real Estate, officially opened its first retail outlets at Sun & Sky Towers on Thursday 5th July, including the first Waitrose Supermarket in Abu Dhabi.
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Sorouh completes worlds highest penthouse (31 May 2012)
The final section of the bridge was elevated 245 metres and lifted into its final position over the course of four days. The completed structure is now built across all three towers and is cantilevered 25 metres beyond the last tower.
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Sorouh First Quarter Results 2012 (29 April 2012)
Net Profit up 22% year-on-year, representing a continued strengthening of sustainable recurring income from Sorouh’s investment portfolio and revenues from its National Housing projects.
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Sorouh launches BOUTIK retail property brand (22 April 2012)
The BOUTIK brand brings a range of retail space, including a mall in Al Ain and centres at Sorouh’s Sun and Sky Towers, The Gate Towers, al rayyana and alghadeer developments.
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