Abu Dhabi is set to unveil Fahid Island, a new residential megaproject that has captured attention for months. Developed by Aldar Properties, this project is being promoted as “Abu Dhabi’s newest island destination where turquoise waters, lush mangroves, and thoughtfully designed experiences redefine coastal living.” Located a short drive from Yas Island, Fahid Island is...
Aldar has announced that it will be the first developer in the Middle East and North Africa region to use hydrogen-based steel rebar in a construction project. This initiative is part of their plan to build Abu Dhabi’s first net zero carbon mosque in Sustainable City Yas Island. The mosque will feature a floor area...
Aldar Properties has successfully raised $1 billion through its first-ever hybrid capital issuance, marking the largest conventional hybrid issuance in the Middle East. The offering attracted significant interest from both regional and international investors, with total orders exceeding $4.9 billion—an oversubscription of 3.8 times. This groundbreaking move strengthens Aldar’s capital structure by introducing a hybrid...