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Alpha Dhabi H1 profit $1.79bn

Adjusted EBITDA rises to $2.36bn.

Borouge Q2 net profit $193m

The H1 revenue stood at $2.72 billion.

ADNOC Drilling H1 revenue $2.37bn

The company posted a net profit of $692m.

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

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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