Aldar Properties

UAE's Aldar Properties plans to expand land portfolio in Egypt within $1.5B investment

Mon, 01 Aug 2022 - 12:58 GMT

Regarding Aldar's acquisition of Madinet Nasr for Housing and Development (MNHD), Al-Dhiyabi said that the MNHD rejected the proposals submitted by the Emiriti company til the latter raises its purchase offer.

SODIC appoints financial advisors to study the UAE's "Aldar Properties" bid

Thu, 15 Apr 2021 - 02:47 GMT

The company said in a statement to the Egyptian Exchange (EGX) that the offer included a potential cash acquisition of a stake of not less than 51 percent of the issued company’s capital.

Emirati "Aldar" bidding to acquire majority stake in Egyptian "SODIC"

Mon, 15 Mar 2021 - 12:08 GMT

SODIC added in a statement to the Stock Exchange, Sunday, that the estimated purchase price is between LE 18 and LE 19 per share, through a compulsory purchase offer on the entire company's shares.

Aldar Properties to invest in Egyptian real estate market in 2021

Tue, 16 Feb 2021 - 11:07 GMT

The company was seeking to enter the Egyptian market in 2020, but the coronavirus pandemic hindered this matter, and plans to enter it were postponed until this year.