Abu Dhabi – Mubasher: Aldar Properties has unveiled AED 100 million programmes to support residents, tenants, customers, and partners.

These programmes are in line with the company’s long-term sustainable stakeholder management approach, according to the company’s press release on Tuesday.

The programmes will allocate AED 4 billion to pay the company’s commitments to its contractors, consultants, and suppliers, while adopting a number of initiatives worth AED 50 million with the company’s retail partners to support SMEs and startups.

Abu Dhabi’s leading real estate developer announced its commitment towards the shareholders by proposing to distribute dividends of AED 1.14 billion to stimulate the economy.

The Chairman of Aldar, Mohamed Khalifa Al Mubarak, commented: “The latest initiatives launched by the Abu Dhabi Executive Council, and the AED 100 billion support package launched by the UAE Central Bank, will strengthen the resilience of our economy. The programmes launched by Aldar form part of our long-term sustainable approach towards our economy and stakeholders.”

Meanwhile, the CEO Talal Al Dhiyebi, said: “The schemes we are launching today will help ensure that we emerge from this period together in a position of strength and resilience. The underlying fundamentals of our market remain uniquely sound and we believe that we have the resources to see ourselves through the coming period.”