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financials
CEO Osama Bishai says new contracts were awarded for transportation, water, data centre projects
CEO Peter Pollard shows disappointment in group's performance and says legacy projects to be handedover
Revenues grew by 2% to reach $357m for nine months ending on 30 September 2019
Revenues for nine months also noted a 46% YoY drop to $762m as the developer
Profits were affected by higher non-recurring income in 2018 incurred on government payments for completed
Around 31% of the zero-deficit federal budget is allocated to social development, and $490m is
Profits and total comprehensive income fell to $28.5m (BD10.7m) in Q3 2019, compared to $38.1m
The $77.5-million transaction includes the acquisition of plots in Dubai's Al Sufouh and Business Bay
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Jan 16, 2020