Bahrain based real estate company Sahab Al Khaleej, announced its consolidated financial results for the year ended December 31, 2008, posting a Net Profit of $1.3m, with total assets amounting to $24.86m.
The Company held its AGM and Board meeting at the Ritz Carlton Hotel where the future business plan and strategy of the Company had been presented.
Ernest & Young, Sahab Al Khaleej external auditors, also presented the audited report for the 2008 financial results of the Company.
The Company has grown in Total Assets value by 10% and has made investments in the form of Property, Mutual Funds and Securities in the GCC region.
Sahab Al Khaleej Real Estate Company is a Bahraini closed shareholding registered company with an authorized Capital of BD50m and Paid-up-Capital of BD8.5m.
The Company is supported by some of the well know shareholders' in the Financial industry such as First Investment Company - Kuwait, International Investment Bank - Bahrain and Al Safwa Group Holding Company - Kuwait.
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Sahab Al Khaleej recently held its Annual General Meeting (AGM) for the year ending 31st December 2008.
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Posted by Nadeen El AjouTuesday, June 16 - 2009 at 16:55 UAE local time (GMT+4)
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For additional information:
Contact Sahab Al Khaleej on
Tel: (+973) 1738 2332
Fax: (+973) 1738 279
Contact Sahab Al Khaleej on
Tel: (+973) 1738 2332
Fax: (+973) 1738 279
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