AME Info | Al Mazaya Holding

Al Mazaya recommends distribution of 68 fils per share as revenues for 2008 financial year

Thu, 04 Dec 2008 05:51:36 GMT

Al Mazaya Holding submitted a recommendation to the General assembly to allocate returns of 68 fils per share for the financial year ending 31 December 2008.

Al Mazaya's profitable projects to be launched next February

Sun, 30 Nov 2008 07:35:16 GMT

Al Mazaya Holding, the region's leading real estate developer, announced that the company is adopting new strategies concerning its expansion plans to the GCC and Arab countries, after considering the current situation of the various economic sectors and the distorted movement of the market.

Al Mazaya opens 52 current and 52 escrow accounts for its projects in accordance with law no.8

Tue, 28 Oct 2008 09:27:55 GMT

Al Mazaya Holding, the leading real estate developer in the region, has announced that it has been listed on the active real estate companies' index, run by the Real Estate Regulation Authority (RERA).

First Dubai commences second phase of Morina Residence at Shams Abu Dhabi

Mon, 27 Oct 2008 08:13:13 GMT

Real estate development company, First Dubai Real Estate Development, a subsidiary of Al Mazaya Holding, has awarded the contract for the second construction phase of the Morina Residence project, located near Shams Abu Dhabi on Al Reem Island, to Q Construction following an extremely competitive bid among several top contractors.

Al Mazaya Holdings achieves total profit of Dhs721m

Wed, 22 Oct 2008 08:32:21 GMT

Al Mazaya Holdings has reported an astounding surge in profits during the first 9 months of 2008, with a total profit of Dhs721m and an increase of 152% compared to the corresponding period last year, where total profits amounted to Dhs286m.

First Dubai: earnings per share reach 54 cents during the first 9 months of 2008

Mon, 20 Oct 2008 10:47:16 GMT

First Dubai Real Estate Development Company, a company owned by Al Mazaya Holding by 67%, has reported a big leap in profits during the first 9 months of 2008, with a total profit of $131m, an increase of (1130)% compared to the corresponding period last year, where total profits amounted to $11m.