Sunday 28 December 2014
 
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Damac Holding

Al Ahlia proposes 50pc dividend, bonus shares

The Board of Al Ahlia Insurance Company has recommended a cash dividend of 50 per cent and a bonus share issue of 1 share for every 10 held (10 per cent). Al Ahlia Insurance is a subsidiary of Damac Holding and one of the oldest public sha

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Damac axes 200 jobs as crisis hits property sector

Damac Holding, Dubai's largest private property developer, said on Tuesday it was cutting 200 jobs, or 2.5 per cent of its workforce, as the global credit crisis begins to hit the Gulf's real estate sector. Damac Properties, which

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Damac projects on show at Cityscape

Damac Properties, the largest private sector master developer and luxury lifestyle provider, will showcase a vast array of its iconic developments at Cityscape Dubai 2007. This show is the largest business-to-business real estate investmen

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Damac customer base widens

People from over 110 nations from across the globe have bought properties from Damac, the luxury property builders have claimed. The customers are from the Middle East, Europe, Africa, US and Asia among other countries. Damac projects

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Al Ahlia posts 8pc growth

Al Ahlia Insurance has registered a 8.2 per cent growth in gross premium for the second quarter of fiscal year 2007. This is compared to the second quarter of fiscal year 2006, said a report in the Khaleej Times. Established in 197

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