Dubai

Amlak said on Tuesday that its board will meet on July 17 to discuss normal business activity.

The company said in a statement posted on Dubai Financial Market’s website.

Amlak reported net profits of Dh7.5 million for the quarter ended March 31 2017. This was the result of decline in intermittent nature of revenue from sale of real estate.

Revenue from financing business activities decreased by 20 per cent to Dh47 million in the first three months to March.