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This follows a decision taken by the Aabar board of directors who met on the 6th April.
“The board has carefully considered the current economic climate in relation to Aabar’s growth objectives in different geographical regions. …Read full article » United Arab Emirates: Saturday, April 08 - 2006 @ 12:56
The offer values the entire share capital of Pearl Energy at approximately S$865 million (approximately AED1.96 billion). The offer represents a premium of approximately 12.7 percent over the last traded price of Pearl Energy on …Read full article » United Arab Emirates: Saturday, April 01 - 2006 @ 12:24
Under the terms of the option agreement, the Austindo Group has granted a call option to Aabar to purchase the Austindo Group’s 48.29% in Pearl Energy at S$1.95/share and Aabar has granted a put option …Read full article » United Arab Emirates: Sunday, January 29 - 2006 @ 08:12
The share opened at AED 5.7 per share and closed at AED 5.34 per share, touching a high of AED 6 during the day’s trading.
The share listing followed a function to mark the occasion …Read full article » United Arab Emirates: Saturday, November 19 - 2005 @ 17:37
Projected EPS (earnings per share) is 68 fils.
The Chairman of Aabar, Sohail Al Mazrui, revealed the company’s profit and EPS projections at a pre-listing briefing yesterday to brokers at the Abu Dhabi Securities Market …Read full article » United Arab Emirates: Thursday, November 17 - 2005 @ 14:15
The move marks the very first occasion when the shares of a private company operating in oil and gas sector in the region will be publicly traded.
Aabar has a capital of AED 900 million, …Read full article » United Arab Emirates: Tuesday, November 15 - 2005 @ 15:13