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- stc reports KD 342.5 million revenues, KD 34.1 million net profit for 2025
- KIB Group achieves profit of KD 30.1 million for year 2025
- QSE sees steady pipeline of listings; to streamline IPO procedures
- QCB maintains current interest rates
- MPHC reports net profit of QR533m for 2025
- World Bank approves $350m in new financing for Lebanon
- Dukhan Bank announces diamond sponsorship of Web Summit Qatar
- NMDC adds Dh618 million dredger to expand fleet and clear project backlog
- Dollar Struggles to Recover from Losses After Trump Comments
- Amazon to Cut 16,000 Jobs Worldwide
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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29/01/2026
Kuwait Telecommunications Company (stc) a world-class digital leader providing innovative services and platforms to customers and enabling the digital transformation in Kuwait, announced its financia
Kuwait Times
29/01/2026
The Chairman of Kuwait International Bank (KIB), Sheikh Mohammed Jarrah Al-Sabah, announced the Group's financial results for the year ending on December 31, 2025, achieving a net profit of KD 30.1 m
Kuwait Times
29/01/2026
Mesaieed Petrochemical Holding Company (MPHC), yesterday announced a net profit of QR533m for the period ended December 31, 2025, representing a decline compared to previous year.
Commenting
The Peninsula
29/01/2026
Dukhan Bank has announced its diamond sponsorship of Web Summit Qatar, one of the world's leading technology and innovation platforms, to be held from 1 to 4 February 2026. The diamond sponsorship re
The Peninsula
29/01/2026
NMDC Group has moved to strengthen its execution capacity with the addition of a new self-propelled cutter suction dredger valued at Dh618 million, extending a fleet that already exceeds 170 vessels
Gulfnews
Financial Information Co.
Saudi Arabia