January 24th, 2023 - 08:50 GMT
Abu Dhabi, United Arab Emirates - Jan. 24, 2023 - Eshraq Investments PJSC ("Eshraq" or "Company") announced today an update to its shareholders regarding its previously announced sale agreement with Danube Properties for the sale of two plots in Jumeirah Village Circle JVC. On Oct. 6, 2022, Eshraq had announced the sale of two land plots in Jumeirah Village Circle (JVC) in Dubai to Danube Properties. In addition to the initial purchase price of Dh33.1 million, the sale and purchase agreement provided for an annual profit and an earnout mechanism ...