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Abyaar Architect Excellence Award |
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18-Nov-2008 |
| The annual “ABYAAR Architecture Excellence Award (AAEA)” was
established in 2008 by ABYAAR Real Estate Development Company
with the cooperation of the Kuwait Architecture Student Association
(KASA) from Kuwait University.
The goal of the AAEA Award is to present architecture students
across the GCC region with an opportunity to have their design
constructed on selected ABYAAR sites and to recognize their
excellent work.
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Posting year-on-year increase of 95%, Abyaar announces KD 24.33 million in net profits for the first nine months of 2008 |
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05-Nov-2008 |
| Abyaar Real Estate Development (“Abyaar” or “the company”), one of the leading luxury developers in the Middle East, announced its financial results for the first nine months of 2008, posting net profits of KD 24,325,232, compared to the KD 12,491,217 reported for the same period of 2007, representing an increase of 95%. Earnings per share rose to 50.14 fils per share for the first nine months of 2008, compared to 25.87 fils per share for the same period of last year. |
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Abyaar Venti Quattro development 50% sold |
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06-Jul-2008 |
| After a luxurious launch that brought fully-kitted, designer apartments to market, boutique property developer Abyaar have confirmed that their Venti Quattro tower in Dubai’s Marina is 50% sold out. |
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Abyaar Holds its General Meeting |
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10-Jun-2008 |
| Abyaar Real Estate Development, one of the leading developers in the Middle East, yesterday held its General meetings at Abyaar headquarters with a, where the company’s agenda and future plans were discussed. |
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Abyaar Announces Intention to List on Dubai Financial Market |
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31-May-2008 |
| Abyaar Real Estate Development Company (“Abyaar” or the “Company”), the ultra-high end real estate developer, today confirmed that it intends to pursue a capital increase and secondary listing on the Dubai Financial Market (“DFM”).
The Company, which has appointed NBD Investment Bank as its Financial Adviser, has submitted an application to the Securities and Commodities Authority (“SCA”) and to the DFM for approval to list its shares on the DFM. Abyaar shares are already listed on the Kuwait Stock Exchange. |
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Abyaar Projects Win’s “CNBC Arabia’’ Property Awards |
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27-May-2008 |
| Luxury property developer Abyaar, walked away with two awards this year at the CNBC Arabian Property Awards 2008. Abyaar’s prominent ICE tower the joint venture with Mada'in Properties won the award for the Best High-rise Architecture and Hiliana won the award for Best High-rise Development.
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Abyaar AGM Looks to a Bright Future After Successful Two Years |
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16-Mar-2008 |
| Abyaar Real Estate Development, one of the leading developers in the Middle East, held its Annual General Meeting yesterday. The meeting took place at the Ministry of Commerce and Finance and was attended by Abyaar board members and major share holders along with Abyaar Chairman Hesham Abdul Wahab Al Obeid who addressed those present and Vice Chairman and Managing Director Marzooq Rashed Al Rashdan. |
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Abyaar Enters Joint Venture with TECOM Investments |
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22-Jan-2008 |
| Abyaar Real Estate Development and TECOM Investments, a member of Dubai holding have entered into a strategic partnership with last week’s signing of a joint venture term sheet to develop mixed-use projects in the International Media Production Zone (IMPZ) and TECOM Site-A on Al Soufouh Road. |
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