Eshraq Investments

Real Estate Business

Eshraq Investments reports Q1 2023 financial results

News Desk 2 10/05/2023

Abu Dhabi, UAE; 10 May 2023: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), has announced its Q1 2023 financial results. The Company recorded a gross profit of AED 8.3 million for the first quarter of

Business Real Estate

Eshraq Investments announces Real Estate portfolio monetization

News Desk 2 17/03/2023

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 […]

Business

Eshraq Investments reports annual profit

News Desk 2 20/02/2023

Abu Dhabi, UAE; 20 February 2023: Eshraq Investments PJSC (“Eshraq” or “Company”), listed on the Abu Dhabi Securities Exchange (“ADX”), announced its audited financial results for the full year 2022. The Company reported a net profit of AED 589.79 million in 2022 as compared to a net profit of AED 38.43 million for 2021. Shareholder […]

Real Estate Business

Eshraq Investments sells four plots in JVC for AED 48.55 million

News Desk 2 02/02/2023

Abu Dhabi, UAE; 2 February 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) today announced that it has concluded the sale of 4 land plots in JVC for a total consideration of AED 48.55 million. The transactions are a continuation of the Company’s steady progress on its 3-year land monetization program. Under the program, Eshraq has […]

Business

Eshraq Investments declares resounding success

News Desk 2 24/01/2023

Abu Dhabi, UAE; 24 January 2023: Eshraq Investments PJSC (“Eshraq” or “Company”) announced today an update to its shareholders regarding its previously announced sale agreement with Danube Properties for the sale of two plots in JVC.   On 6th October 2022, Eshraq had announced the sale of two land plots in Jumeirah Village Circle (JVC) […]