Reem Investments, a key player in the Abu Dhabi real estate and financial investment sector, said it has registered a net profit of Dh103.3 million ($28 million) for 2012 compared to Dh159 million the previous year.
Reem Investments is looking to boost ties with South Korean companies at a major upcoming exhibition showcasing services and technologies from more than 300 South Korean companies in Abu Dhabi.
The Abu Dhabi based privately held company is
The board of Abu Dhabi-based Reem Investments has announced profits of Dh159 million ($43.2 million) for the financial year 2011 at its annual general meeting held recently.
This represents a return on equity of 4 per cent and earnings per
Abu Dhabi-based Reem Investments, a real estate and financial services provider, posted profits of Dh238.7 million ($64.98) for the financial year 2010 at its recent annual general meeting.
The profits represent a return on equity of 5 per
Reem Investments has signed a deal with Nobu Hospitality to operate its upcoming hotel at Najmat, a $8 billion, real estate development on Reem Island, just 300 metres off the coast of Abu Dhabi’s city centre.
The spectacular development o
Reem Investments has announced plans for a 42 luxury villa waterfront community at Najmat, the master developer’s $8 billion real estate project at Reem Island, Abu Dhabi.
Nalaya Villas will be located on the southern shore of Najmat, a sp
Reem Investments, an Abu Dhabi-based diversified investment company, posted profits of Dh1.12 billion ($305 million) for 2008.
The company also approved a cash dividend of 20 per cent of par value, equalling Dh2 per share. Revenue growth i
Abu Dhabi-based Reem Investments posted a profit of $283 million for 2007, compared to $55.81 million recorded during the previous year, a report said.
Shareholders' equity for the year grew 85 per cent to $953 million from $517 million in