Real estate related economic and financial news covering the MENA region.
Aldar, Sorouh Real Estate recover as market Abu Dhabi measure closes flat
Jun 13, 2012
The ADX ended unchanged at 2,448.22 Wednesday. Telecom operator and market bellwether Etisalat jumped one percent to hit Dhs9.19. Merger candidates Aldar and Sorouh extended their rallies, closing up 1.82% and up one percent, respectively. But ongoing global uncertainty over the Euro zone debt crisis weighed on lenders, keeping the ADX's gauge at bay. Some 32.8m shares worth Dhs53.2m changed hands.