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- Emirates orders 65 more Boeing 777X planes despite delays
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- UDC wins 3 major awards at Middle East Enterprise AI & Analytics Summit 2025
16/02/2018 06:07 AST
Eshraq Properties reported a net profit of Dh32.2 million last year compared to a net loss of Dh301 million in 2016.
The company which is involved in the development of various projects in Abu Dhabi and Dubai said that it started the construction of Marina Rise, a 233-apartment project on Reem Island, which is expected to be delivered by the end of 2019. It also finalised the design of its Jumeirah Rise project in Dubai and will award the construction contract in the second quarter of 2018.
Eshraq also made substantial progress in its negotiations with Reem Investments for the acquisition, which is likely to be completed in the second quarter of the year, according to a statement by the company on Thursday.
Gulf News
07/11/2025
Eshraq Investments PJSC said its board has approved criminal and arbitration proceedings linked to its 2022 acquisition of shares in Goldilocks Investment Company Limited, after determining that some
Gulfnews
17/09/2017
The deal for Abu Dhabi-based Eshraq Properties to acquire Reem Investment is expected to be finalised in the next three months and will more than double Eshraq's market capitalisation when complete.<
Gulfnews
31/08/2017
Abu Dhabi developers Eshraq Properties and Reem Investments on Wednesday said they were in advanced stages of merger talks to create the second-largest listed developer in the emirate.
The d
Arab News
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18/11/2025
QNB has become the first Qatari bank to launch Mastercard virtual card numbers (VCN) for corporate clients to enable companies to create single-use or multi-use virtual cards with predefined limits,
Gulf Times
18/11/2025
United Development Company (UDC), the master developer of The Pearl and Gewan Islands, announced that it has won three awards at the Middle East Enterprise AI & Analytics Summit 2025, held in Doha wi
The Peninsula
17/11/2025
Zain Kuwait announced the launch of the new season of KLand for the third consecutive year as part of its ongoing strategic partnership with the Touristic Enterprises Company (TEC). The project conti
Kuwait Times
17/11/2025
Gulf Warehousing Company (GWC) celebrated World Quality Week 2025 on November 10-14, through a series of educational, and strategic activities highlighting the company's achievements, with the partic
Gulf Times
17/11/2025
AlRayan Bank (ARB) has announced the launch of its invitation-only "Al-Qimma" Visa Infinite Privilege Credit Card, a bespoke card proposition designed exclusively for a select circle of the Bank's cl
The Peninsula
Financial Information Co.
Saudi Arabia