Damac Properties
is a leading Dubai freehold real estate company that has been referred to be the largest privately owned developer in Dubai. It is a member of the Dubai-based Damac Group (Damac Holding), that was setup in 1982.
Damac Properties' portfolio of
real estate projects has been focused on residential towers in the Dubai Marina (Ocean Heights, Marina Terrace, The Waves), Palm Islands (Palm Springs, Palm Terrace), Jumeirah Lake Towers (Lake View, Lake Terrace), International Media Production Zone [IMPZ] (The Crescent, Lago Vista), Dubai International Financial Centre [DIFC] (Park Towers) and the Discover Gardens (Terra
Del Sol 1 & 2). Its list of commercial towers can be found in the Technology, Electronic Commerce and Media Free Zone [TECOM] (Executive Heights, Smart Heights) and the Dubai Business Bay (XL Tower, Business Tower). Damac has also developed non high-rise buildings in Jumeirah Village South (Emirates Gardens, Emirates Gardens 2) and also expanded its projects into Abu Dhabi with the Dolphon Towers and the Oceanscape.
The Board of Al Ahlia Insurance Co. recommended its shareholders to approve a cash dividend of 50% and a bonus share issue of 1 share for every 10 held (10%).<br/><a href="http://oas6.ameinfo.com/RealMedia/ads/adstream_lx.ads/ameinfo.com/rss/159/x90/AME/AME-Info_RSS_Generic/AME-Info_RSS_Generic_px/125"><img src="http://oas6.ameinfo.com/RealMedia/ads/adstream_lx.ads/ameinfo.com/rss/159/x90/AME/AME-Info_RSS_Generic/AME-Info_RSS_Generic_px/125" width="1" height="1" /></a><img width='1' height='1' src='http://rss.feedsportal.com/c/32213/f/425805/s/35c3781/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Board of Al Ahlia Insurance recommends shareholders to approve a cash dividend of 50%&link=http://www.ameinfo.com/187188.html" target="_blank"><img src="http://rss.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Board of Al Ahlia Insurance recommends shareholders to approve a cash dividend of 50%&link=http://www.ameinfo.com/187188.html" target="_blank"><img src="http://rss.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div>
Global Logistic Services Co. LLC, the industrial catering division of Damac Group, has been awarded the 'Hazard Analysis and Critical Control Point (HACCP)' certification by Det Norske Veritas (DNV).<img width='1' height='1' src='http://rss.feedsportal.com/c/32213/f/425805/s/35c3782/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Damac Foods awarded Hazard Analysis and Critical Control Point certification by Det Norske Veritas&link=http://www.ameinfo.com/186865.html" target="_blank"><img src="http://rss.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Damac Foods awarded Hazard Analysis and Critical Control Point certification by Det Norske Veritas&link=http://www.ameinfo.com/186865.html" target="_blank"><img src="http://rss.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div>
The DAMAC Group has announced that it has undertaken a review of global staffing levels in response to the continuing current global slowdown.<img width='1' height='1' src='http://rss.feedsportal.com/c/32213/f/425805/s/27dec90/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=DAMAC Holding Group announce global staff review & reorganisation&link=http://www.ameinfo.com/175130.html" target="_blank"><img src="http://rss.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=DAMAC Holding Group announce global staff review & reorganisation&link=http://www.ameinfo.com/175130.html" target="_blank"><img src="http://rss.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div>
Hussain Sajwani, Chairman of Damac Holding, will be speaking at the First Kuwait Real Estate Forum Meeting later in April about Dubai's success story and how the government and private sector can work together to develop the industry and create strong real estate market.<img width='1' height='1' src='http://rss.feedsportal.com/c/32213/f/425805/s/27dec91/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Damac Chairman to speak at the first Kuwaiti Real Estate Forum&link=http://www.ameinfo.com/153207.html" target="_blank"><img src="http://rss.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Damac Chairman to speak at the first Kuwaiti Real Estate Forum&link=http://www.ameinfo.com/153207.html" target="_blank"><img src="http://rss.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div>
Al Ahlia Insurance, a Damac Holding Company today reported a net profit of Dhs 32,263,631 for the year 2007 as against 2006 net profit of Dhs 24,962,721, registering a growth of 29%.<img width='1' height='1' src='http://rss.feedsportal.com/c/32213/f/425805/s/27dec92/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Al Ahlia Insurance by Damac Holdings declares 2007 financial results&link=http://www.ameinfo.com/145434.html" target="_blank"><img src="http://rss.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Al Ahlia Insurance by Damac Holdings declares 2007 financial results&link=http://www.ameinfo.com/145434.html" target="_blank"><img src="http://rss.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div>
Oman based, Al Anwar Ceramic Tiles Co. SAOG today announced results for the third quarter ending 30th September 2007.<img width='1' height='1' src='http://rss.feedsportal.com/c/32213/f/425805/s/27dec93/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Al Anwar Ceramic Tiles Co announces positive third quarter results&link=http://www.ameinfo.com/139722.html" target="_blank"><img src="http://rss.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Al Anwar Ceramic Tiles Co announces positive third quarter results&link=http://www.ameinfo.com/139722.html" target="_blank"><img src="http://rss.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div>
A subsidiary of DAMAC Holding and one of the oldest public shareholding companies providing all classes of insurance in Bahrain, Al Ahlia Insurance registered a 8.2 per cent growth in gross premium for the second quarter of fiscal year 2007 compared to the second quarter of fiscal year 2006.<img width='1' height='1' src='http://rss.feedsportal.com/c/32213/f/425805/s/27dec94/mf.gif' border='0'/><div class='mf-viral'><table border='0'><tr><td valign='middle'><a href="http://res.feedsportal.com/viral/sendemail2.html?title=Al Ahlia Insurance announces half-yearly results for 2007&link=http://www.ameinfo.com/132976.html" target="_blank"><img src="http://rss.feedsportal.com/images/emailthis2.gif" border="0" /></a></td><td valign='middle'><a href="http://res.feedsportal.com/viral/bookmark.cfm?title=Al Ahlia Insurance announces half-yearly results for 2007&link=http://www.ameinfo.com/132976.html" target="_blank"><img src="http://rss.feedsportal.com/images/bookmark.gif" border="0" /></a></td></tr></table></div>
