Eshraq board nods to buy new properties

Abu Dhabi – Mubasher: Eshraq Properties said its board decided to buy ready properties with a rental yield of AED 500 million, according to a bourse statement.

The board members also gave the go ahead to appoint Humaid Rashid Al Shamsi as the new vice chairman.

During their meeting, the members also approved reviewing and updating the administrative and financial powers to the general manager and managing director.

Mubasher Contribution Time: 19-Sep-2016 07:52 (GMT)
Mubasher Last Update Time: 19-Sep-2016 07:52 (GMT)