Real estate related economic and financial news covering the MENA region.
Merger canididates Aldar, Sorouh help to stabilie Abu Dhabi market index
Jul 12, 2012
The ADX General Index added 0.05% Thursday to end at 2,466.54 points. Developers Aldar Properties and Sorouh Real Estate gained 1.83% and two percent, respectively. Market heavyweight Emirates Telecommunication or Etisalat dipped slightly, while Bank of Sharjah dived 5.83% to Dhs1.11. Twelve shares advanced, six declined and 10 closed flat.