First Dubai posts positive 2013 results


(MENAFN-Khaleej Times) first dubai real estate development company held its ordinary and extraordinary general assembly for the financial year ending december 31, 2013

Board chairman abdul aziz bassem al loughani pointed out the company’s positive financial results over the past year, after the completion, delivery and sale of a large number of real estate units in dubai.


The company owns strong assets amounting to kd72.6 million in 2013, compared to kd66.4 million in the previous year. total liabilities were at kd13.8 million in 2013 compared to kd15.2 million in 2012.


Compiled from staff reports


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