Investor Recommendations Aldar

In case of the Aldar Properties, the shareholders are advised to keep their shares. The reselling of Sukuk will help in restructuring debt as the benchmark-sized bond size will be worth USD 500 million. The selling of the bond will help in creating bigger operational stability in the company, as well as helping in funding its liabilities. Same goes with Arkan, as General Holding Corporation plans to invest 5.8 billion dirhams, Arkan will definitely be one of those companies to look out in the future.

Investor Recommendations

In the coming section, a short analysis for the shareholders is done for easing the shareholder's decision of whether to maintain, decrease or increase their share in both the companies using the, current share price, the projected EPS, and the estimated market value of the share price.

*http://www.bloomberg.com/quote/ALDAR:UH *http://www.bloomberg.com/quote/ARKAN:UH

Aldar Properties has declared that it will be hiring five banks in order to manage the sale of a benchmark-sized bond that is categorized to be Islamic, also known as Sukuk, in order to refinance its debt.

The planned bond sale will be the first bond to be sold in Aldar Properties since it accomplished its Abu Dhabi merger with Sorouh Real Estate in last June so that the second biggest public company in the UAE, and one of the largest in the region would be formed ( Assets = USD 13 billion) . Aldar Properties will be issuing the Sukuk before the end of the current year. Benchmark-sized would mean that bond size will be $500 Million at least.

Arkan Building Materials may get more contracts as General Holding Corporation, who owns 51% share of Arkan, plans to invest 5.8 billion dirhams to help expand the sheikhdom’s industrial sector. This will help Arkan as the expansion will also include hospitals, schools, and housing.