The event caters to diverse interests, including medicine and emerging career paths
The state-linked builder of Abu Dhabi's Formula One circuit made Dh302 million ($82.2 million) in the three months to March 31, compared to Dh493 million a year earlier.
That was mainly due to a one-off write down in the value of recurring income assets, it said, while a 68 per cent fall in pre-construction sales to Dh333 million was because no new projects were launched in the first quarter. Revenue was flat at Dh1.76 billion.
Aldar cautioned that though the virus outbreak would affect its operating environment for this year, the lasting impact was still unclear.
"We are in a very strong position to navigate this uncertainty because of our diversified business model, low debt level, strong cash position and the underlying strength of the Abu Dhabi economy," chief financial officer Greg Fewer said on a post-earnings call.
However, because of the market situation the developer was reassessing the timing and phasing of its planned launches, Fewer said.
Aldar has had to temporarily close or limit retail and hospitality operations due to government restrictions related to curbing the virus spread, though those rules have been eased in recent weeks. -- Reuters
The event caters to diverse interests, including medicine and emerging career paths
Organised by Ameeraga Tamil Sangam, the event had participants from across the UAE
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Sheikh Hamdan joined the kids as they browsed through some photos that captured how they used broomsticks and helped their community
The family's furniture, household appliances as well as the books and stationery of the children were destroyed in the April 16 floods