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Eshraq Investments reports Dh10.26m net profit Jassim Alseddiqi, chairman of Eshraq Company’s maiden development project Marina Rise on track for completion in Q2 2021 Eshraq Investments has announced its financial results for the first quarter of 2021, logging in an operating profit of Dh10.26 million in the first quarter of 2021, a considerable turnaround compared with the first quarter of 2020. Despite the ongoing challenges caused by the pandemic, Eshraq achieved a gain on investments of Dh7.62 million. This reflects the benefits of the board s diversification strategy implemented in early 2019, and the gains from its investments in financial and technology assets in particular. Meanwhile, Eshraq s leasing and hospitality businesses maintained their above-average performance, achieving occupancy rates of 98 per cent and 97 per cent, respectively, due to the company s proactive and agile leasing strategy.

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