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Al Hashimi named Eshraq CEO to spearhead growth strategyEshraq Investments has appointed Mohamed Al Hashimi as its new chief executive officer with the aim of leading the company in its new phase of expansion and development. With more than 20 years of experience, A More… |
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Eshraq 2022 net profit zooms over 15 times to $161mEshraq Investments has seen its 2022 net profit zoom over 15 times to AED589.79 million ($161 million) compared to a net profit of AED38.43 million for 2021, on the back of sound financial practices and a robust strategy. More… |
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Eshraq in deal with Reportage for sale of prime Reem Island plotAbu Dhabi-based Eshraq Investments has entered into an agreement with Reportage Properties, a leading real estate developer in the UAE, to sell a key plot of land on the Al Reem Island within the emirate for AED127 million ($35 million). More… |
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Eshraq sells major Jumeirah Village residential plots to DanubeUAE-based Eshraq Investments said it has entered into a sale and purchase agreement with Dubai developer Danube Properties for the sale of two land plots in Jumeirah Village Circle (JVC) for a purchase price of AED33.1 million ($9 million).&nb More… |
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Eshraq announces new strategy; to monetise land bankThe Board of Directors of Eshraq Investments has set a new business strategy following the acquisition of shares in Goldilocks Investment Company Limited. The board approved a plan to fully monetise the company More… |
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Eshraq announces new strategy; to monetise land bankThe Board of Directors of Eshraq Investments has set a new business strategy following the acquisition of shares in Goldilocks Investment Company Limited. The board approved a plan to fully monetise the company More… |
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Eshraq Investments completes acquisition of GoldilocksEshraq Investments, an investment Company based in Abu Dhabi, UAE, has completed acquisition of Goldilocks Investment Company Limited shares with Eshraq now owning 99.25% of Goldilocks shares. Following obtaining all regulatory ap More… |
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Eshraq's debut mixed-use project attracts strong leasing demandEshraq Investments, an Abu Dhabi-based investment company, has announced that its maiden mixed-use project on Reem Island, Marina Rise, has attracted strong leasing demand with over 60 per cent of commercial and residential units leased since More… |
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Eshraq's Abu Dhabi project gets building completion certificateEshraq Investments, the Abu Dhabi-based investment company, announced that its maiden mixed-use project Marina Rise has received the building completion certificate from Abu Dhabi Municipality, paving the way for the handover of the project More… |
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Eshraq Investments records net operating income of AED14.31mEshraq Investments, the Abu Dhabi-based investment company, has reported a net operating income of AED14.31 million ($3.9 million) for FY 2020, and a net loss of AED80.03 million for the full year period ended on December 31, 2020. More… |
