ALDAR Properties PJSC, Abu Dhabi’s first and leading property developer, has taken a major step forward in industry education with the creation of an international exchange programme, the ALDAR Foundation Scholarship in collaboration with one of the UK’s leading universities; Reading University. The exchange program will provide up to 5 UAE Nationals with scholarships to the university for real estate and property qualifications
”The ALDAR Foundation Scholarship aims to provide UAE nationals, who meet the criteria and standards of the university, the opportunity to study in real estate and surveying disciplines, which are not available in the UAE. This will greatly advance the talent pool for the industry and be of equal benefit for ALDAR as a company that wishes to seek the best available talent,” said Ronald Barrott, CEO, ALDAR.
This further agreement bolsters last month’s signing of a Memorandum of Understanding for broader cooperation and standard increase in the UAE’s property industry. Under the patronage of His Excellency Sheikh Nahyan Mubarak Al Nahyan, a Memorandum of Understanding was signed by ALDAR and The Higher Colleges of Technology and The College of Estate Management aims to significantly raise standards within the property industry through professional training courses in Abu Dhabi. The first part of this agreement is the establishment of the College of Estate Management’s courses and bears to fruit the UAE Government’s call to elevate professional levels within the industry.
Meanwhile, the Reading University International Work Placement Program also aims to provide dynamic Reading University Real Estate/Construction graduates with the rare opportunity to work on a number of unique projects in the Middle East. This will add significant value to their skills base and work experience beyond what may be otherwise available in the UK due to the fast growing and dynamic nature of the Middle East.
”Reading is one of the United Kingdom’s leading research-intensive universities and a major contributor to the knowledge economy. The highly regarded ’The Good University Guide’ in the UK’s The Times newspaper, ranked Reading University highest for degrees in these fields. The University is also recognized internationally for its teaching excellence which makes it a perfect choice for the exchange and development programme in the Middle East and also helps to ensure optimum career prospects for its students,” said Caroline Nunnerley Reading University’s Director of International Student Recruitment
The Foundation Scholarship will be introduced during April, with five UAE Nationals being sought for the 2007 placement at Reading University.
About ALDAR Properties
ALDAR Properties PJSC is a premier real estate development, management and investment company with headquarters in Abu Dhabi, UAE. The company was formed as the result of an initial Public Offering (IPO) of shares. The PJSC was created under Emiri Decree No 808 of 2004. ALDAR Properties PJSC is owned by leading Abu Dhabi institutions, founder shareholders and individual investors
ALDAR Properties PJSC was created to fast track real estate investment opportunities, and to offer an opportunity to participate in the prosperity of this increasingly important industry in the UAE.
The current property portfolio includes major developments and re-developments within Abu Dhabi Emirate, such as the Central Market in Abu Dhabi, the Al Raha Beach Development, Al Gurm Resort, the Yas Island project, Al Mamoura - the Mubadala Development Company and Environment Agency Abu Dhabi Headquarter Building in Abu Dhabi, and Al Jimi Mall Expansion in Al Ain.
