Real Estate
United Arab Emirates (UAE) real estate developer Aldar Properties is spinning off its investment division to create 'Aldar Investments. ': United Arab Emirates (UAE) real estate developer Aldar Properties is spinning off its investment division to create a subsidiary with around $5.4 billion worth of iconic property assets. "It's another extremely exciting day in the Aldar story, we're launching Aldar Investments, the region's largest and most diversified investment company," Aldar Properties Chief Executive Talal Al Dhiyebi told CNBC's Hadley Gamble.

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