Multi Sector Holdings - News
Aamal posts first-quarter net profit of QR139.7mn
(Gulf Times - 27/04/2017)
Aamal Company has reported net profit of QR139.7mn, translating into earnings-per-share of QR0.18 at the end of first quarter (Q1) ended March 31, 2017. “The Q1, 2017 has seen our revenues grow very strongly, by more than 22%; this has been driven by a ...
UDC revenues increase 68% in first quarter
(The Peninsula - 18/04/2017)
United Development Company (UDC) yesterday announced net profit of QR244m, while the net profit attributable to equity shareholders stood at QR231m for the first quarter of 2017. The basic earnings per share stood at QR 0.65, said the company, which is a ...
Aamal’s underlying net profit up 7.3% in 2016
(The Peninsula - 16/03/2017)
Aamal Company yesterday announced 7.3 percent rise in its net profit before fair value gains on investment properties (“underlying net profit”) to QR559.3m for the year ended on December 31, 2016 against QR521.3m in 2015. Net capital expenditure in cash ...
UDC’s Pearl-Qatar residential unit sale surges
(The Peninsula - 14/03/2017)
United Development Company (UDC), the master developer of The Pearl-Qatar, witnessed strong growth for its units in The Pearl-Qatar with sale of residential units in the coveted project jumped by 81 percent in 2016 compared to 2015. The company is now ...
Mannai Corporation posts QR535m net profit
(The Peninsula - 01/03/2017)
Mannai Corporation Group reported a record net profit of QR535m for the full-year ended December 2016. The group’s revenue touched QR4.88bn during the period. The financial results were announced after the board meeting. Sheikh Suhaim bin Abdullah Al ...
KHC nets $61m from Euro Disney share swap deal
(Trade Arabia - 12/02/2017)
Saudi Arabia's Kingdom Holding Company, the investment firm owned by billionaire Prince Alwaleed bin Talal, said it has swapped nine per cent of Euro Disney company shares into Walt Disney Company while maintaining its one per cent direct ownership in ...
UDC records QR681m net profit for 2016
(The Peninsula - 08/02/2017)
Qatar's leading developer United Development Company (UDC) posted a net profit of QR681m for the year ended December 2016. The profit attributable to owners of the company stood at QR623m for the year. UDC, the master developer of The Pearl Qatar , also ...
UDC lays foundation stone for construction of ‘Al Mutahidah Towers’
(Gulf Times - 05/02/2017)
United Development Company (UDC), master developer of The Pearl-Qatar, recently laid the foundation stone for the construction of the company’s latest residential development ‘Al Mutahidah Towers’, located in the Viva Bahriya district at The Pearl. The ...
Alwaleed Philanthropies contributes $700m toward humanitarian work
(Saudi Gazette - 30/01/2017)
ALWALEED Philanthropies (AP), chaired by Prince Alwaleed Bin Talal, held the Board of Trustees meeting of Alwaleed Philanthropies — Saudi Arabia and Alwaleed Philanthropies – Global at the foundation’s headquarters in Riyadh last Jan. 11. The meeting was ...
Al Anwar Holding to divest from Falcon Insurance
(Oman Daily Observer - 19/01/2017)
Al Anwar Holdings SAOG (AAH), an Oman-based company listed on the Muscat Securities Market, has announced that it will be divesting part of its holding in Falcon Insurance Company SAOC. The company said in a filing to the Capital Market Authority that ...
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