Aldar, Sorouh Lift Abu Dhabi Stocks on Potential Merger Progress - BusinessWeek

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ArabianBusiness.com
Aldar, Sorouh Lift Abu Dhabi Stocks on Potential Merger Progress
BusinessWeek
By Zahra Hankir on May 22, 2012 Abu Dhabi's shares rose to a week high, led by Aldar Properties PJSC (ALDAR) and Sorouh Real Estate Co. (SOROUH), as the emirate's biggest developers were said to be considering appointing advisers as soon as this week ...
Abu Dhabi picks Goldman, others for state-backed realty merger Reuters
Persian Gulf Shares: Aldar, Arabtec Holding and Sorouh Moved Bloomberg
Abu Dhabi Picks Banks To Advise On Aldar-Sorouh Merger: Sources - Reuters Fox Business
Trade Arabia - The National
all 16 news articles »

Published on Tuesday 22nd of May 2012 11:25:27 AM

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Aldar, Sorouh Said to Appoint Advisers for Potential Merger - Bloomberg

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Aldar, Sorouh Said to Appoint Advisers for Potential Merger
Bloomberg
Aldar Properties PJSC (ALDAR) and Sorouh Real Estate Co. (SOROUH), Abu Dhabi's biggest developers, may appoint Credit Suisse Group AG and Morgan Stanley (MS) to advise on their potential merger, a person familiar with the matter said.

Published on Tuesday 22nd of May 2012 11:25:27 AM

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Sorouh Profit Rises as Revenue Doubled on Home Deliveries - BusinessWeek

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The National
Sorouh Profit Rises as Revenue Doubled on Home Deliveries
BusinessWeek
By Zainab Fattah and Stefania Bianchi on April 29, 2012 Sorouh Real Estate PJSC (SOROUH) said first- quarter profit climbed 30 percent as Abu Dhabi's second-biggest property developer by market value more than doubled revenue from homes deliveries and ...
Abu Dhabi's Sorouh Q1 net profit up 30 percent Reuters
Sorouh reports 22% increase in profit gulfnews.com
UAE- Sorouh to deliver 7000 property units by 2013 MENAFN.COM
Bloomberg - The National - Construction Week Online
all 61 news articles »

Published on Tuesday 22nd of May 2012 11:25:27 AM

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MIDEAST STOCKS-Dubai rebounds, Gulf markets gain as traders up risk - Reuters Africa

Posted by admin / Under Sorouh Real Estate

MIDEAST STOCKS-Dubai rebounds, Gulf markets gain as traders up risk
Reuters Africa
In neighbouring Abu Dhabi, Aldar Properties and Sorouh Real Estate climbed 3.7 and 3.9 percent respectively, extending gains after sources told Reuters the emirate had picked four banks to advise on a potential merger of the two state-backed developers ...

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Published on Tuesday 22nd of May 2012 11:25:27 AM

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Sorouh profit rises 22% as project revenues grow - gulfnews.com

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gulfnews.com
Sorouh profit rises 22% as project revenues grow
gulfnews.com
By Himendra Mohan Kumar, Staff Reporter The units sold out in Sorouh's Sun and Sky towers in Abu Dhabi have been handed over. Recurring income from Sorouh's investment portfolio is helping drive profits. Abu Dhabi: Developer Sorouh Real Estate said ...

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Published on Tuesday 22nd of May 2012 11:25:27 AM

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