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Sunday, 10 February 2008

Amlak Finance planning expansion



Feb 5 - Chairman of Amlak Finance, Nasser Al-Shaikh expects another succesful strong year for Amlak with plans to raise 6 billion US dollars in finance.

Nasser Al-Shaikh says Amlak expects to raise 6 billion U.S dollars in finance through Real Estate funds, covered bonds and converted bonds.

This year Amlak is planning international expansion, and says that within 3 years 50% of Amlak's total profit will be from international revenue.

Nasser Al-Shaikh, Chairman of Amlak Finance.

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