Al Qudra Holding announces half year profits of AED321 million
Al Qudra Holding, the Abu Dhabi based diversified Investment Company, has announced its 2007 half year profits of AED 321,428,902.
“We are pleased to announce that our 2007 half year profits ,” said Eng. Salah Salem Bin Omair Al Shamsi, Chairman and Managing Director, Al Qudra Holding. “These profits reflect the dynamic and active role Al Qudra Holding is playing in supporting the growth of the UAE’s economy.. Al Qudra Holding has certainly kept the promise it made to its shareholders two years ago when we founded the company.”
Al Qudra Holding has drawn up plans for growth in UAE and markets throughout the Arab, North African region. The holding company has been developing its international diversified investment strategy, looking to partner with governments and major investment institutions across the globe.
“Throughout this last period Al Qudra Holding has achieved its objective and established a strong presence in the regional market. We have identified key elements behind our success to date and will apply them to future projects. These include applying a high level of transparency to all of Al Qudra’s operations, the introduction of the latest management techniques, systems and corporate governance structures.” added Al Shamsi. “These have paved the way for Al Qudra’s success to date and will continue to help us achieve future successes and greater profits in the coming years.”