Tag: Eshraq Investments
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Eshraq Investments: AED 162 million for the sale of 58 residential units in Burj Daman.
Abu Dhabi, UAE; 17 March 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has entered into Memoranda of Understanding (“MOU“) with regard to the sale of all the 58 apartments it owns in Burj Daman-DIFC-Dubai for a total sale consideration of AED 162 million. The transactions are a continuation of the Company’s…
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Eshraq Investments reports its highest ever quarterly profit in its history of AED 474 million for Q3 2022
Abu Dhabi, UAE; 11 November 2022: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), today announced its results for the period ended September 30, 2022. The Company reported its highest ever quarterly net income of AED 475 million, a 27-fold jump year-over-year. Eshraq’s book value stood at AED 0.9238…
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Eshraq Investments sells land in Abu Dhabi’s Al Reem Island to Reportage Properties
Abu Dhabi, UAE, 07 November 2022: Eshraq Investments PJSC (“Eshraq” or “Company”) announced today that it has entered into a Sale & Purchase Agreement (SPA) with Reportage Properties for the sale of a land plot on Al Reem Island, Abu Dhabi, with approximately 650,000 square feet of Gross Floor Area for a purchase price of AED 126.6 million.…
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