Aldar Properties

Aldar to remove its delisting rule

Aldar to remove its delisting rule

UAE's Aldar Properties (ALDR. AD) has decided that it will remain publicly listed. The group has confirmed this fact on Wednesday. This may reduce the problems of some investors which were caused due to the last year's delisting. This was done by Abu Dhabi-based Aabar Investments. Aldar had already received bailout package from the Abu Dhabi government last week.

In recent times it has become the most liquid stock. This is being assisted by the Abu Dhabi government in a rescue package which was announced last week.