Al Hamra, the leading real estate development and investment company in Ras Al Khaimah, has divested one of its flagship retail assets, the Al Hamra Mall to Aldar Properties (Aldar), for a consideration of Dhs410 million.
Aldar Properties has announced plans to invest AED1 billion ($272.2 million) into its subsidiary, Aldar Education, and the largest premium school operator in Abu Dhabi with 9 schools under Aldar Academies and Cranleigh and 11 schools under management.
Aldar Properties has announced plans to invest AED1 billion ($272.2 million) into its subsidiary, Aldar Education, and the largest premium school operator in Abu Dhabi with 9 schools under Aldar Academies and Cranleigh and 11 schools under management.