Saeed Bin Eid Al Ghafli, Head of the Founder’s Committee at Surouh Real Estate announced that the Planning and Economy Department in Abu Dhabi has given its approval for the establishment of Surouh Real Estate, to be established with a capital of AED 2.5 billion, paving the way for a sizeable Initial Public Offering (IPO) at a later stage. Al Ghafli said “The establishment of this company comes under the ...