Abu Dhabi – Mubasher: The board of Eshraq Investments will discuss the establishment of a new company to manage the operations of hotels in Dubai.
During a meeting set to be held on 10 December, the company's board will consider other internal administration and organisational matters, according to the company's disclosure to the Abu Dhabi Securities Exchange (ADX) on Tuesday.
It is noteworthy to mention that in the first nine months of 2020, the company recorded net losses of AED 3.64 million, against AED 7.49 net profits in the year-ago period.
