Abu Dhabi - UAE: In light of the UAE Government’s decision to close all commercial centres for a renewable two-week period, Aldar Properties PJSC (‘Aldar’) has taken the decision to adhere to this directive a day earlier than required, and close all malls operating under its retail portfolio, effective 24th March. This includes Yas Mall, World Trade Center Abu Dhabi (WTC), Shams Boutik at Al Reem Island, and Al Jimi Mall and Remal Mall in Al Ain. Supermarkets, hypermarkets and pharmacies are excluded from the closures and will remain open during the period, while F&B outlets will be restricted to home deliveries only, as instructed by the Government.
This move is in line with Aldar’s commitment to support all initiatives announced by the Government, which continue to prioritise the health, safety, and wellbeing of all people living in and visiting the UAE. As a responsible UAE company and as part of its commitment to the country, Aldar is working closely with its business partners to ensure their long-term viability.
Ensuring the health and safety of its customers, communities, staff and partners remains the utmost priority of Aldar. The Company will continue to work closely with all relevant authorities to ensure the effective implementation of all directives issued by the Government.
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For further information, please contact:
Media
Nick Farmer
Aldar Properties
+971 2 810 5555
Joudi Issa / John Greenway
Brunswick
+971 2 234 4600
ALDAR@brunswickgroup.com
About Aldar
Aldar Properties PJSC is the leading real estate developer in Abu Dhabi, and through its iconic developments, it is one of the most well known in the United Arab Emirates, and wider Middle East region.
From its beginnings in 2005 through to today, Aldar continues to shape and enhance the urban fabric of the UAE’s Capital City in addition to other key areas of the Emirate.
Aldar develops exciting and innovative projects, such as the internationally recognized HQ building situated in the Al Raha Beach development, the Gate Towers in Shams Abu Dhabi on Al Reem Island, in addition to Yas Island’s F1 circuit.
Aldar’s shares are traded on the Abu Dhabi Securities Exchange (Stock quote: ALDAR:UH), and is a profitable, cash generative business that provides recurring revenues, and benefits from a diverse and supportive shareholder base. Aldar operates according to high standards of corporate governance and is committed to operating a long term and sustainable business in order to provide ongoing value for its shareholders.
Aldar seeks to create quality, comfortable, desirable destinations that enrich the lives of Abu Dhabi residents as well as tourists within the Emirate. Aldar is playing a leading role in the development and provision of world class retail - Yas Mall, international standard education through Aldar Academies, iconic entertainment venues such as the Yas Marina Circuit, and community amenities across its entire portfolio.
Aldar is driven by a vision to be the most trusted and recognized real estate lifestyle developer in Abu Dhabi and beyond.
For more information on Aldar please visit www.aldar.com
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