Friday 28 April 2017
 
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Manazel Real Estate

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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Manazel gears up to open $292m mall

Manazel Real Estate, a leader in developing middle income housing communities, has announced the upcoming launch of its Dh1.072 billion ($292 million) Capital Mall, part of a 230,000 sq m master development in Abu Dhabi. The mall is part o

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Ajman Bank inks Manazel home finance deal

Ajman Bank, an award-winning financial services institution, has signed a home finance facility partnership with Manazel Real Estate, a leading UAE real estate developer. Under the agreement, Ajman Bank customers can avail home finance on

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Ajman Bank inks Manazel home finance deal

Ajman Bank, an award-winning financial services institution, has signed a home finance facility partnership with Manazel Real Estate, a leading UAE real estate developer. Under the agreement, Ajman Bank customers can avail home finance on

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