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Business

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Amlak appoints new MD

Amlak, regulated by the Saudi central bank, offers a range of financing solutions to institutions, high net worth individuals, and real estate developers.
By TRENDS Desk
April 21, 2022 11:01 pm
  • Al-Sudairy has served as the company’s CEO since 2007 and has a wide range of experience in the financial sector
  • The Saudi-listed company said it received the Saudi central bank’s no-objection on April 21

Amlak International, Saudi Islamic real estate financier,  has chosen Abdullah bin Turki Al-Sudairy as new managing director. He will hold the new position and also keep his current post of being the company CEO.

Al-Sudairy has served as the company’s CEO since 2007 and has a wide range of experience in the financial sector, according to a bourse filing.

The Saudi-listed company said it received the Saudi central bank’s no-objection on April 21.

Amlak, regulated by the Saudi central bank, offers a range of financing solutions to institutions, high net worth individuals, and real estate developers.

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INSEAD Day 4- 300x600
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