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Abu Dhabi’s largest developer Aldar Properties reported a 24% jump in first-half profit on Tuesday, driven by a record development backlog and surging international demand — led by Chinese buyers.
The Abu Dhabi index (.FTFADGI) edged down 0.2% as mixed corporate earnings offset optimism from the previous week's strong performance that was expected to sustain momentum.
Nearly five times farther than the Leaning Tower of Pisa in Italy. The 35-story Abu Dhabi building has an 18-degree slope, compared with four degrees for the freestanding bell tower.
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