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Abu Dhabi’s Aldar records best quarter ever on deals, with Dh2.69b in Q3-21

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Occupied offplan dispatch plan is actually benefiting Aldar, and drawing in more youthful purchaser

Dubai: Abu Dhabi ace engineer Aldar is feeling the full advantages from consistent off arrangement dispatches and its expectation on conveying progressing projects. Net benefit for the initial nine months of 2021 are at Dh1.54 billion – and that comes from a 28 percent year-on-year increment.

In the July to end September period, the organization recorded improvement deals of Dh2.69 billion – its most noteworthy ever in any quarter. A “enhancing private purchaser and financial backer profile with expanding number of more youthful and female purchasers” was refered to by the engineer for the business spike.

“Aldar’s solid monetary and working presentation this year proceeded into Q3, mirroring our capacity to support development,” said Talal Al Dhiyebi, Group CEO. “As post-pandemic recuperation built up speed, our enhanced organizations kept on bouncing back at pace, with the second from last quarter conveying Dh2.69 billion being developed deals, supplemented by strong renting movement for our retail and business venture property portfolios.”

Aldar was the main designer in the UAE to get once again into offplan dispatch mode after the COVID-19 made break and it has kept the dispatches coming through occasionally this year too, focussed for the most part on the Yas Island.

“We hope to see working exercises across our business and retail resources keep on developing in accordance with the macroeconomic recuperation that is well in progress,” the CEO added. “Aldar keeps on looking for alluring and worth accretive speculation freedoms to develop our arrangement of working resources and we intend to carry all the more new advancements to the market, driven by our extending customer base, including abroad financial backers.”

Last quarter, the Abu Dhabi organization additionally made a drive into Egypt through a proposal for SODIC, one of the greater players in that market.

Income gains in same direction

With initial nine-month improvement deals at Dh6.14 billion, Aldar’s general incomes for the period was Dh6.32 billion, up 8 percent on 2020. Net benefits were at Dh2.43 billion. (In another enormous silver lining, the income accumulation likewise hit a record Dh5.86 billion, “supporting future income perceivability”.) All of the new deals age is assisting Aldar with hardening its money position, which was parted between Dh3.6 billion of unlimited money and Dh4 billion in undrawn submitted offices. These will assist with ‘feasible long haul development openings,” the designer said.

Obviously, the retail portfolio – with resources like Yas Mall – likewise recorded a ricochet back, with higher footfall and deals coming to up to “close pre-Covid” levels.

Update on Egypt bargain

Aldar is as yet anticipating administrative leeway in Egypt for the SODIC securing. Aldar has lined up with another Abu Dhabi substance – ADQ – in setting up the deal.

It was recently that Aldar talked about a section into new business sectors, mirroring an adjustment of its functional model and a selective spotlight on its headquarters.

SODIC is one of the greater names in the Egypt land space, with a portfolio that ranges for the most part upscale masterplanned networks.

Closer home

Aldar additionally sees openings opening up to gain huge land banks in Abu Dhabi – and somewhere else in the UAE. That would incorporate retail and instructive resources just as private, as per Fewer. Additionally, there will a nearer investigation of potential outcomes in the coordinations and warehousing, which after the pandemic drove interruption has become hot property.

“We think there is opportunities for loads of combination in Abu Dhabi,” said Greg Fewer, Chief Financial and Sustainability Officer. “Aldar has the solid capacity to make groundbreaking acquisitions.”

Obviously, it has the money close by to make those arrangements conceivable, when one appears The close to Dh7 billion has its employments. “Stay fluid when enormous portfolios become accessible out of nowhere,” said Fewer.

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Norway Chess 2026: India’s Rameshbabu stuns World No 1 Magnus Carlsen in major upset

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Round three of Norway Chess 2026 delivered another explosive day of elite competition, with Indian grandmaster Praggnanandhaa Rameshbabu scoring one of the biggest wins of his career against World No 1 Magnus Carlsen.

The highly anticipated clash unfolded as a tense strategic battle before turning dramatic in severe time pressure. Praggnanandhaa held the initiative for much of the game and appeared to be steadily outplaying the Norwegian star. Carlsen briefly turned the tables late in the contest, creating hopes of another escape act, but a critical blunder moments later forced the five-time world champion to resign immediately.

The victory marks another significant milestone for the Indian prodigy, who continues to establish himself among the strongest players on the global chess circuit.

Meanwhile, tournament leader Alireza Firouzja faced reigning World Champion Gukesh Dommaraju in a hard-fought encounter that ended in a classical draw after a tense positional struggle.

Firouzja later emerged victorious in the Armageddon tiebreak, earning the extra points needed to preserve his lead at the top of the standings.

The third matchup between Vincent Keymer and Wesley So also remained evenly balanced throughout the classical portion before Wesley So claimed victory in Armageddon.

Women’s round

In the women’s tournament, every classical game once again ended level, forcing all three matchups into Armageddon deciders.

Women’s World Champion Ju Wenjun and Zhu Jiner produced a tense battle in which Zhu held strong winning chances at one stage but could not fully convert her advantage in classical play. Zhu later recovered to win the Armageddon game and secure the additional points.

Anna Muzychuk and Humpy Koneru also split the point in classical chess before Muzychuk prevailed in the tiebreak.

Another intense matchup saw tournament leader Bibisara Assaubayeva battle rising Indian talent Divya Deshmukh in a complicated struggle that eventually finished drawn. Divya later captured the Armageddon victory to continue closing the gap in the standings.

Despite the strong performances from her rivals, Assaubayeva remains in first place in Norway Chess Women after three rounds of intense competition in Oslo.

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Sending Eid greetings while driving could cost drivers in UAE Dh800

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With roads across the UAE expected to become significantly busier during the Eid Al Adha holidays, Abu Dhabi Police has called on motorists to avoid using mobile phones while driving, particularly for sending or checking Eid greeting messages.

Officials warned that even a few seconds of distraction behind the wheel can dramatically increase the risk of traffic accidents, especially during the festive period when many families travel for prayers, social visits and celebrations.

Drivers were urged to remain fully attentive while on the road and avoid interacting with messaging applications or social media platforms during their journeys. Authorities advised residents to share Eid greetings either before leaving home or after safely parking their vehicles.

Police stressed that taking one’s eyes off the road, even briefly, can reduce reaction times and make it harder for drivers to respond effectively in sudden emergency situations.

Violators face fine and black points

Under UAE traffic regulations, motorists caught driving inattentively can face fines of Dh800 along with four black points on their licence. Violations include using mobile phones while driving as well as other distracting activities such as eating, applying makeup or adjusting in-car devices while the vehicle is in motion.

Strict rules in Dubai

Authorities in Dubai also highlighted stricter traffic enforcement measures. Dubai Police has been authorised to impound vehicles for up to 30 days for dangerous driving offences, including mobile phone use, tailgating and sudden lane swerving.

The vehicle impoundment penalties are applied alongside existing federal fines and black point violations, as authorities continue efforts to improve road safety and reduce preventable accidents across the country.

Police have urged all road users to drive responsibly during Eid and cooperate with traffic laws to help ensure a safer holiday period for residents and visitors alike.

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Dubai emergency teams on high alert during Eid holidays

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As visitor movement and public gatherings increase in Dubai during Eid Al Adha, the Dubai Corporation for Ambulance Services has introduced an extensive citywide emergency readiness strategy to ensure rapid medical assistance throughout the holiday period.

The authority confirmed that emergency response operations have been intensified across Dubai, with specialised rescue teams and ambulance units deployed in crowded public areas, tourist attractions, and residential communities to maintain uninterrupted healthcare support around the clock.

Under the expanded plan, ambulance crews will operate from strategically selected locations, including beaches, shopping malls, parks, event venues and transport hubs, where large numbers of residents and tourists are expected to gather during the celebrations.

Trained emergency workers mobilised

Officials stated that nearly 1,000 trained emergency workers and field coordinators have been mobilised as part of the operation. The deployment network covers approximately 160 emergency response locations spread across the emirate.

The response system is supported by a diverse fleet of emergency vehicles and rescue equipment, including rapid intervention units, ambulances, bicycles designed for congested areas, marine rescue boats and helicopter ambulance services coordinated jointly with Dubai Police.

Additional emergency teams will also remain stationed near prayer areas, densely populated neighbourhoods and major leisure destinations to improve response times during peak holiday activity.

Dedicated teams at airport

To handle the anticipated increase in passenger traffic, dedicated ambulance teams have also been positioned throughout terminals at Dubai International Airport, where emergency medical services will remain available for travellers throughout the Eid period.

Authorities have meanwhile appealed to motorists to cooperate with rescue teams by immediately clearing the way for ambulances and emergency vehicles, emphasising that quick response times are often crucial in preventing complications and saving lives.

The enhanced operational measures form part of Dubai’s broader public safety preparations for Eid Al Adha, as government agencies across the emirate continue coordinating efforts to manage the busy holiday season efficiently and safely.

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