News tagged "Dubai financial market (dfm)"

Drake and Scull International replaces its CFO

Drake and Scull International replaces its CFO

19th July 2019

According to *Arabian Business news report, embattled Dubai-based contractor Drake and Scull International (DSI) has replaced its chief financial officer, according to a statement filed to the Dubai Financial Market (DFM).[..]

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Al Mazaya Holding net profits decline by 61%

Al Mazaya Holding net profits decline by 61%

17th July 2019

According to *Constructionweekonline news report, net profits for the first six months of 2019 dipped by more than 60% at Kuwait-headquartered real estate developer Al Mazaya Holding compared to the same period in 2018, a Dubai bourse missive has revealed.[..]

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Mohammad Atatreh resigns from board of DSI

Mohammad Atatreh resigns from board of DSI

29th November 2018

According to *Constructionweekonline news report, Mohammad Atatreh has resigned from the board of Drake & Scull International (DSI), the latest senior management change that comes two weeks after the troubled contractor's shares were barred from trading amid ongoing restructuring efforts.[..]

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Emaar clarifies its position on sale of certain hotel assets

Emaar clarifies its position on sale of certain hotel assets

1st November 2018

According to *Constructionweekonline news report, Emaar has formally clarified its position on the sale of certain hotel assets following separate media reports that Abu Dhabi National Hotels is in talks to buy some hotel assets from the Dubai development giant.[..]

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Operating revenues at Al Mazaya Holding plummets by over 50% in 9M 2018

Operating revenues at Al Mazaya Holding plummets by over 50% in 9M 2018

31st October 2018

According to *Constructionweekonline news report, operating revenues at Kuwaiti property giant Al Mazaya Holding have plummeted by more than 50% in the first nine months (9M) of 2018, with its operating profit also falling by a quarter compared to the same period in 2017, regulatory filings have revealed.[..]

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Emaar Development celebrates listing of shares on DFM

Emaar Development celebrates listing of shares on DFM

23rd November 2017

According to *Tradearabia news report, Mohamed Alabbar, the chairman of Emaar Development, the build-to-sell (BTS) property development business of UAE-based Emaar Properties, on Wednesday rang the market-opening bell to celebrate the listing of its shares on the Dubai Financial Market (DFM).[..]

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