Abu Dhabi - Mubasher: Ajman Bank has increased its stake in Eshraq properties from 11.51% to 12.26%, as shown by the data of the Abu Dhabi Securities Exchange (ADX).
Eshraq’s capital equals around AED 2.325 billion.
Last week, Eshraq Properties reported turning to profitability in the third quarter of 2017, recording net profits of AED 685,000 ($186,450), versus losses of AED 48.49 million ($13.19 million) in Q3-16.
