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Amlak Q3 net profit plummets over five-fold to $14.4mAmlak Finance’s third-quarter (Q3) net profit plummeted over five-fold to AED53 million ($14.4 million) as compared to a Q3 2023 net of AED269 million. Meanwhile, revenue from financing and investin More… |
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Amlak H1 net profit drops 4.6 times to $8.17mAmlak Finance posted a net profit of AED30 million ($8.17 million) for the first-half (H1) 2024, dropping 4.6 times compared to the net profit of AED138 million for H1 2023. Amlak’s total revenue for H1 2 More… |
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Amlak Finance Q1 2024 net profit soars 89pc to $7.35mAmlak Finance’s first-quarter (Q1) net profit soared 89% to AED27 million ($7.35 million) on prudent management of its UAE operations and balance sheet. Amlak’s total assets stand at AED3.14 billion. More… |
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Amlak 2023 FY net profit plunges 45.6pc to $70.53mAmlak Finance has seen its 2023 full-year (FY) net profit fall steeply by 45.6% to AED259 million ($70.53 million) compared to FY 2022 net of AED476 million. Amlak’s revenue for the year 2023 decrea More… |
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Amlak Finance posts lower net profit, cuts debt burdenAmlak Finance, Dubai, reported a net profit of AED269 million ($73 million) for Q3 2023 as compared to a net profit of AED390 million for the same period in 2022. Announcing its third quarter (Q3) financial results for the period ended More… |
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Amlak Finance signs agreement with Dubai Land DepartmentAmlak Finance, a leading specialised Islamic real estate financier, has announced a strategic partnership with Dubai Land Department (DLD) under which it will be selling its properties on easy instalment payment plans. More… |
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Amlak's revenue for nine-month period up 11pcAmlak Finance, a leading UAE-based specialised Islamic real estate financier, said its total revenues for the period between January to September surged 11 per cent to Dh263 million ($72 million) from Dh236 million ($64.2 million) last year. More… |
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Amlak Finance eyes $1.2bn debt deal by 2019-endAmlak Finance, a leading specialised Islamic real estate financier in the Middle East region, said it has made significant progress in negotiations with creditors on the new restructuring terms with regard to its $1.2 billion debt. More… |
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Amlak Finance eyes $1.2bn debt deal by 2019-endAmlak Finance, a leading specialised Islamic real estate financier in the Middle East region, said it has made significant progress in negotiations with creditors on the new restructuring terms with regard to its $1.2 billion debt. More… |
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Amlak Finance posts $74m net loss in 2018Amlak Finance, a leading specialised Islamic real estate financier in the Middle East, has reported a net loss of Dh272 million ($74 million) for the full-year 2018 compared to Dh51 million ($14 million) net profit the previous year. More… |
