Doha – Mubasher: Ezdan Holding Group said Tuesday that its board of directors agreed in principal to study the creation of a real estate project in Ethiopia as well as hunting for promising investments opportunities in the country.
The board also approved a proposal to establish an event organising firm in partnership with Speed for Trade and Contracting Company, where Ezdan will hold 28.3% stake.
The Qatar-listed company earlier posted net profit of QAR 1.2 billion in the first nine months of 2015, compared to QAR 1 billion in the same period of 2014.