Show only titles
ArabianBusiness.com category
Yas Mall construction work imminent, says Aldar
Construction work on the much-delayed Yas Mall project in Abu Dhabi is imminent, according to developers Aldar Properties. The builder said in its May Progress Update posted on its website that it is set to award the construction contract in June.
Michael Jackson musical set for Abu Dhabi
Thriller Live, a West End show built around the songs of the late King of Pop Michael Jackson, is set to take the stage in Abu Dhabi. With more than 30 song-and-dance numbers featuring Jackson’s classics, the two-hour tribute show will run in the capital from June 9 to 10 at Yas Island.
IKEA’s flagship shop on Yas Island to open ‘later this week’
The largest IKEA store in the Middle East and North African region is set to open later this week, Aldar Properties said on Sunday. The 33,000 sq m store with a total sales area of 19,150 sq m will be the largest IKEA store in the MENA region and expects to serve nearly 1.3 million visitors in the first year of operations.
Ferrari mulls multiple theme parks with Aldar
Ferrari is mulling further branded theme parks around the world in partnership with Abu Dhabi-based Aldar Properties, an executive from the Italian carmaker said. Michele Pignatti, head of new business at Ferrari, confirmed that the Yas Island attraction will not be the only branded theme park by the Italian carmaker.
Ferrari World to bring boost to Yas Island real estate
“Ferrari World is certainly going to impact Abu Dhabi’s property market in that the areas surrounding Yas Island such as Al Raha Beach and others will attract more visitors enabling these new communities to receive greater attention,” Loshini Lawrence, operations manager at the Better Homes real estate agency in Abu Dhabi told Arabian Business.
Ferrari World on track for Q3 opening – Aldar
The Ferrari World theme park on Abu Dhabi’s Yas Island is on schedule to open in the third quarter of this year, a senior official from giant developer Aldar has revealed.
Deutsche Bank cuts Aldar Properties price target
Deutsche Bank lowered its price target on Aldar Properties’ stock to AED5 dirhams from AED7.10, citing increased uncertainties on Yas Island receivables and the nature of future government support for the developer.
