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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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