The first mid-market development from Aldar Properties PJSC (Aldar), Abu Dhabi’s leading listed property development, investment and management company, is making its presence felt on Al Reem Island through a new time lapse video released by the developer.
Launched in June 2015, and with over 90 percent of the units sold, Shams Meera is attracting many new customers not only as investors, but also those wishing to live in affordable units in close proximity to Abu Dhabi’s central business district.
Activity on site is progressing according to construction plans. Current construction activity is focusing on steel reinforcements and foundation work, as well as columns and walls for the basement levels.
Talal Al-Dhiyebi, chief development officer, Aldar Properties, said: The launch of Shams Meera is an important milestone, as it will be Aldar’s first mid-market development, providing the right world-class product at the right price. We are making good progress on this development, which will add value to Shams Abu Dhabi at Al Reem Island.
“Mid-market and affordable homes represent a significant opportunity for the Emirate, and Shams Meera is showing us that we can succeed in this space.”
Aldar’s Shams Meera makes impact on Al Reem Island
Aldar’s Shams Meera makes impact on Al Reem Island
Arab Investment launches new corporate identity
The Arab Investment Company has launched its new corporate identity, “Arab Invest,” in a strategic move that reflects its future direction and marks the start of a new chapter in its journey, which began in 1974, as one of the Arab sovereign wealth funds concerned with developing resources and enhancing economic integration among its 16 Arab member states.
The new corporate identity reflects the company’s value system underpinning its investment approach, based on robust governance, sustainability, effective partnerships, and adherence to the highest professional and economic standards, embodying its vision of building high-quality investments aligned with the priorities of the shareholder states.
Saad bin Abdulaziz Al-Khalb, chairman of the board of directors, said: “The launch of the company’s new identity comes within the context of a strategic phase aimed at enhancing clarity of institutional vision and consolidating the company’s position over the long term, in line with shareholders’ aspirations and reflective of the requirements of the coming period.”
He added that the new identity is viewed as a clear translation of a well-considered investment trajectory that reflects depth of experience, strengthens stakeholders’ confidence, and supports the company’s ability to continue serving the interests of the Arab member states.
CEO of Arab Invest Abdullah bin Saleh Bakhraibah said the launch of the new corporate identity represents, in essence, a new chapter in the company’s journey spanning more than 50 years. He noted the particular importance of this step at both the strategic and operational levels, as the new identity reflects a series of institutional transformations the company has undergone in recent years, including achieving the highest financial revenues in its history during 2025.
Bakhraibah added: “The new identity is not merely a visual update for the company; rather, it is a strategic message that expresses an advanced stage of institutional maturity, while simultaneously underscoring the deep historical roots of one of the region’s most established Arab sovereign wealth funds, consolidating its distinguished position and the credibility it enjoys in the Arab investment landscape, enabling it to keep pace with major economic developments and enhancing the company’s readiness to continue growth and expansion in accordance with best-in-class investment practices.”
He also highlighted the company’s distinguished investment efforts since the launch of its new strategy, saying that Arab Invest has recently witnessed notable development in local and global strategic partnerships, to achieve the highest performance standards and institutional operating mechanisms. Bakhraibah emphasized the company’s continued commitment to delivering sustainable investment impact in line with the aspirations of the coming period.
