Al Mazaya scoops profit

Real estate group Al Mazaya Holding has achieved a net profit of US $82.2 million (AED302 million) during the financial year ending 31 December 2006, compared to $47.9 million from the year 2005

Real estate group Al Mazaya Holding has achieved a net profit of US $82.2 million (AED302 million) during the financial year ending 31 December 2006, compared to $47.9 million from the year 2005.

After its success in Kuwait and UAE, Al Mazaya has recently opened branches in Jordan and Lebanon, and a fourth in Bahrain.

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