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Eshraq Investments returns to profitability and reports AED 10.26mn of net profit as activities diversification pays off


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Abu Dhabi , Abuz Aby , United Arab Emirates , Abu Dhabi Securities Exchange , Eshraq Or Company , Marina Rise , Eshraq Investments , Abu Dhabi Based , ஒன்றுபட்டது அரபு அமீரகங்கள் , மெரினா உயர்வு ,

Eshraq Investments reports Dh10.26m net profit


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. ....

Jassim Alseddiqi , Eshraq Investments , Marina Rise , Reem Island , மெரினா உயர்வு , ரீம் தீவு ,

Eshraq Investments records net operating income of Dh14.31m in 2020

Eshraq Investments records net operating income of Dh14.31m in 2020
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United Arab Emirates , Abu Dhabi , Abuz Aby , Jassim Alseddiqi , Abu Dhabi Securities Exchange , Eshraq Investments , Khaleej Times Eshraq Investments , Abu Dhabi Based , Marina Rise , Reem Island , ஒன்றுபட்டது அரபு அமீரகங்கள் , மெரினா உயர்வு , ரீம் தீவு ,