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Mayadeen, Sign Five New Contractors for “Landmark” Projects in Shams Abu Dhabi. details ...

General Assembly Approves The Recommendation of The Board of Directors To Distribute 6% Cash Dividend. details ...

Mayadeen: 9 Million Kuwaiti Dinars Profits In 2007.
Mr. Khaled Jassem Al-Wazzan announced that “Mayadeen” has achieved positive profits of 9 Million Kuwaiti Dinars in year 2007 i.e. 9.01 Fils earning per share, compared to the profits of 325,759 in year 2006..
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CEO'SSTATEMENT
 
 
   
 

Mayadeen’s decision to enter the field of real estate development came after an extensive study that had shown the move would be a profitable venture. This showed that the GCC region’s growing population and its increasing demand for property has had a significant effect on the real estate sector.

From the outset we set ourselves very clear goals.  Chief among them was that of striving for excellence in the real estate sector by creating unique design concepts, seizing investment opportunities and applying the highest levels of professional competence to their development.

The United Arab Emirates was the start point for the launch of our distinguished real estate programme, and we invested total commitment to achieving the highest standards of quality in it. As a result, Mayadeen met international standards of quality by providing residential and commercial projects that exceed the markets testing standards.  Attention to detail has been the hallmark of our approach to providing customers with the best professional and home living environments.

By adopting this approach, Mayadeen has in a very short time achieved remarkable success. This has been buoyed by our strong financial status and strict administrative policy which has given us the confidence to address the challenges of the current global economic situation. These achievements form a solid base for the company’s future and a bright prospect for our ventures in new markets at regional and global levels. This also strengthens the trust and confidence between us and our strategic partners, shareholders and investors.

We are proud of the achievements that have characterized Mayadeen’s corporate evolution since its inception in 2007. We are not resting on our laurels and are now undertaking market evaluation studies that will help us achieve our overall objectives.

In the last two years Mayadeen has built a solid platform that will enable us to move forward with confidence by expanding our project portfolio and penetrating new markets.

Mayadeen

 

 
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