Tuesday 20 February 2018
 
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Manazel Real Estate

UAE developer Manazel partners with May Institute

Manazel Real Estate (Manazel), a leading UAE developer, said it has signed a memorandum of understanding (MoU) with US-based May Institute to explore the need for and feasibility of developing and operating a school for children with autism spec

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UAE developer Manazel partners with May Institute

Manazel Real Estate (Manazel), a leading UAE developer, said it has signed a memorandum of understanding (MoU) with US-based May Institute to explore the need for and feasibility of developing and operating a school for children with autism spec

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Manazel to distribute 4pc cash dividends

Manazel Real Estate, a leading UAE developer, said it has won approval at its annual general meeting (AGM) to distribute four per cent cash dividends to investors following its impressive performance in 2016. The AGM unanimously agreed

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Manazel Real Estate net profit up 5.6pc

Manazel Real Estate, a leading UAE developer, said its net profit rose 5.6 per cent to Dh206.5 million ($56 million) from Dh195 million the previous year mainly driven by its successful restructuring and diversification strategy.

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Manazel net profit surges 29pc on restructuring

Manazel Real Estate, a leading UAE developer, has registered a 29 per cent growth in its net profit for 2015 which rose to Dh195 million ($53 million) from the previous year's profit of Dh152 million ($41.3 million), mainly driven by the ben

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Manazel H1 net profit surges 179pc

Manazel Real Estate, a leading UAE developer, has posted a net profit of Dh45 million ($12.2 million) for the first half (H1) of the year, up by 179 per cent from Dh16.1 million ($4.4 million) during the same period of 2014. The i

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Manazel Real Estate names investment officer

Manazel Real Estate, a leading UAE-based developer, has appointed Waleid Gamal Eldien as its new chief investment and commercial officer within its C suite management team.    This is a significant appointment for Manaze

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Adib provides $163m financing to Manazel

Abu Dhabi Islamic Bank (Adib), a top tier Islamic financial institution, is providing a Dh600 million ($163.3 million) financing facility to Manazel Real Estate to fund the Abu Dhabi-based company’s capital expenditure. The

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Adib provides $163m financing to Manazel

Abu Dhabi Islamic Bank (Adib), a top tier Islamic financial institution, is providing a Dh600 million ($163.3 million) financing facility to Manazel Real Estate to fund the Abu Dhabi-based company’s capital expenditure. The

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Abu Dhabi's Manazel plans 2012 market listing

Manazel Real Estate, which focuses on mid-income housing and has assets worth $1.39 billion, plans a listing on Abu Dhabi stock exchange this year, its chairman said, betting improved market sentiment will create appetite for the issue.

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