He also emphasized that there is a growing need for the property finance sector to rise up to the challenge and meet the major demand generated by the real estate industry in the United Arab Emirates (UAE).
Alharmi, speaking at the Dubai Financial Market International Investor Conference, which took place in London, United Kingdom, and organized in cooperation with Goldman Sachs, added that the value of Amlak shares will reap more rewards for the shareholders, who continue to support the company's strategic direction in all aspects, including internal restructuring, development of pioneering financing solution and regional growth.
Amlak CEO also highlighted to investors at the Conference that the company's improved profitability was attributed to both growth in core business - property financing and real estate investments - and prudent cost control.
The participation of Amlak at the DFM conference succeeded in drawing a number of international investors to meet with company representatives and inquire about Amlak's overall business plans and direction in the near future.
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Amlak Finance takes part in Dubai Financial Market International Investor Conference
- United Arab Emirates: Sunday, May 25 - 2008 at 16:22
- PRESS RELEASE
Brining a successful case study of a local company that has overcome all challenges and fortified its position as the leading real estate financier in the Middle East, Arif Alharmi, Chief Executive Officer of Amlak Finance, confirmed that the company, which saw a six fold growth in its net profits over the past three years, will continue to spearhead major initiatives in 2008 in its drive to deliver the best home finance solutions in the United Arab Emirates (UAE) and the region as a whole.
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Posted by Eman HassanSunday, May 25 - 2008 at 16:22 UAE local time (GMT+4)
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