All Entries Tagged With: "yas island waterpark"
Abu Dhabi agrees to buy 16.8 Billion dirhams of Aldar assets
The Abu Dhabi government agreed to buy assets valued at 16.8 billion dirhams ($4.57 billion) from Aldar Properties PJSC, the emirate’s biggest developer, to boost the company’s finances. The government will purchase 760 residential units in the Al Raha Beach development and retire 5 billion dirhams of debt related to infrastructure on Yas Island, Aldar said in a statement today.
IKEA sees bright future
IKEA UAE, which operates two outlets in Dubai Festival City and Yas Island, may have another flagship store in Dubai to cater the demands of southern part of the emirate. The new store will be equal to the size of Yas Island outlet and is expected to open by the end of 2013.
Work starts on the Yas Island waterpark
Aldar Properties has announced that construction on the huge waterpark planned for Abu Dhabi’s Yas Island will start this month. The 16.4 hectare water park will feature more than 40 rides and attractions, including four one-of-a-kind rides that have never been seen before in a water park.
