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31 July 06:59 AM

Manazel PJSC (MANAZEL)

Last update: 30 July 02:57 PM market time.
0.31
-0.03
-9.09%
Open 0.32
Previous Close 0.34
High 0.32
Low 0.31
Stock Statistics
Volume 3,405,379
Turnover 1,056,306.66
All data are 15 minutes late during market session

News

Photo Archive
15 August 2024 01:00 PM Manazel suffers net losses worth AED 60m in H1-24
Abu Dhabi – Mubasher: The net losses attributable to the owners of Manazel declined to AED 59.89 million in the first half (H1) of 2024 from AED 60.08 million in H1-23. The revenues amounted to AED 48.24 million in H1-24, down year-on-year …
Financial Results
Photo Gallery
4 June 2024 10:07 AM Manazel eyes capital raise to boost expansion plans
Abu Dhabi – Mubasher: The ordinary general meeting (OGM) of Manazel greenlighted a capital hike to AED 3.12 billion from AED 2.60 billion, according to a press release. The ADX-listed firm will issue bonus shares amounting to AED 500 million at a …
Real estate
Photo Archive
15 February 2024 02:16 PM Manazel’s losses deepen in 2023 at AED 222m
Abu Dhabi – Mubasher: Manazel suffered net losses amounting to AED 222.34 million in 2023, an annual surge from AED 152.83 million. The company generated revenues valued at AED 347.96 million last year, higher than AED 146.30 million in 2022, …
Financial Results
Photo Archive
17 August 2023 08:30 AM Manazel incurs AED 60m losses to owners in H1-23
Abu Dhabi – Mubasher: The net losses attributable to the shareholders of Manazel reached AED 60.08 million in the first half (H1) of 2023, higher than the AED 42.68 million reported in H1-22. Revenues hit AED 49.32 million in H1-23, up …
Real estate
Photo Archive
15 August 2022 05:50 PM Manazel sees lower losses in H1-22 results
Abu Dhabi – Mubasher: Manazel has suffered net losses attributable to the owners of AED 42.68 million during the first half (H1) of 2022, lower than AED 71.94 million in H1-21. Revenues plunged to AED 45.34 million in the January-June 2022 period, …
Financial Results
Photo Archive
28 March 2022 01:43 PM Manazel logs AED 20m profits in 2021
Abu Dhabi – Mubasher: Manazel has reported net profits attributable to the owners worth AED 20.45 million in 2021, down from AED 22.50 million in 2020. The revenues reached AED 109.29 million last year, lower than AED 787.29 million in 2020, …
Financial Results
The company generated revenues of AED 193.15 million
16 August 2020 00:07 PM Manazel turns to losses in H1-20
Abu Dhabi – Mubasher: Manazel has registered net losses attributable to the ordinary equity holders of AED 98.89 million in the January-June period of 2020, versus AED 136.92 million in the corresponding period of 2019. The company …
Financial Results
Revenues surged to AED 946.85 million
13 February 2020 06:16 PM Manazel’s profit grows 4.3% YoY in 2019
Abu Dhabi – Mubasher: Manazel Real Estate has posted a 4.3% year-on-year profit hike during the fiscal year 2019. The company’s net profit went up to AED 240.6 million last year, compared to AED 230.7 million in 2018, according to a bourse …
Financial Results
UAE real estate companies will partake in Luxury Property Show 2019
5 December 2019 10:57 AM UAE high-profile developers join China’s property expo 2019
UAE – Mubasher: UAE real estate companies will partake in Luxury Property Show (LPS) Shanghai 2019, the leading luxury real estate expo which will kick off on 6 December until the 8th of the month in China. Among those developers are Manazel and …
Companies Investments
Net profits stood at AED 136.9 million in H1-19
14 August 2019 11:53 AM Manazel Real Estate records AED 137m profits in H1
Abu Dhabi – Mubasher: Manazel Real Estate posted a 3% year-on-year profit rise during the first half of 2019. Net profits stood at AED 136.9 million in H1-19, compared to AED 132.9 million in H1-18, according to the company’s unaudited …
Financial Results
The general assembly has approved to amend the company’s name to ‘Manazel PJSC’
9 June 2019 08:45 AM Manazel Real Estate approves name change
Abu Dhabi – Mubasher: Manazel Real Estate, listed on the Abu Dhabi Securities Exchange (ADX), has decided not to distribute dividends for 2018 to shareholders during its general assembly meeting held last week. The general assembly has also …
Corporate Actions
Revenue fell to AED 809.23 million last year
14 May 2019 08:27 AM Manazel Real Estate posts AED 230.7m profit in FY18
Abu Dhabi – Mubasher: Manazel Real Estate announced it has recorded a net profit of AED 230.73 million for the full-year 2018, compared to AED 220.55 million a year earlier. Revenue fell to AED 809.23 million last year from AED 861.9 million in …
Real estate
The real estate market in the UAE will need time to regain its balance
7 October 2018 04:14 PM Real estate stocks in UAE bourses fall despite Cityscape Global event
By: Enas Bahgat Mubasher: The real estate stocks listed on both the Dubai Financial Market (DFM) and the Abu Dhabi Securities Exchange (ADX) decreased in line with the launch of Cityscape Global 2018, the international property exhibition. This …
Real estate
Cityscape Global kicked off on Tuesday at the Dubai World Trade Centre
2 October 2018 11:57 AM UAE's real estate stocks fall Tuesday
By: Bedour Al Ra'ee Dubai– Mubahser: The UAE’s real estate stocks saw a noticeable decline on Tuesday, coinciding with the inauguration of Cityscape Global in Dubai. Union Properties gained 0.44% to AED 0.680, while Manazel Real Estate dropped …
Trading Activities
Revenue also increased to AED 516.606 million in H1-18
14 August 2018 04:22 PM Manazel Real Estate’s net profit leaps 135% in H1
Abu Dhabi – Mubasher: Manazel Real Estate Company has reported a 135% year-on-year hike in net profit during the first six months of 2018, recording AED 132.867 million. The company’s revenue also increased to AED 516.606 million in H1-18 versus …
Real estate
Three ADX-listed companies said that they had no ties to The Abraaj Group
9 July 2018 02:14 PM 3 UAE firms confirm ‘no ties’ to Abraaj
Abu Dhabi – Mubasher: Three companies listed on the Abu Dhabi Securities Exchange (ADX) on Monday said that they had no ties or investments with ailing Abraaj Group or any of its funds. Abu Dhabi National Company for Building Materials (BILDCO), …
Companies Investments
The sukuk can be issued in the UAE or abroad
8 May 2018 09:59 AM Manazel Real Estate's OGM nods to AED 2.6bn sukuk issue; withhold 2017 dividends
Abu Dhabi – Mubasher:  Manazel Real Estate’s ordinary general meeting (OGM) has approved a proposal to issue sukuk at a maximum value of AED 2.6 billion. The five- and seven-year sukuk can be issued in the UAE or abroad, according to a bourse …
Sukuk and Islamic Finance
Manazel signed a co-development deal with Tasameem Real Estate
22 April 2018 00:21 PM Manazel, Tasameem ink AED 500m property deal
Abu Dhabi – Mubahser: Manazel Real Estate on Sunday announced signing a co-development deal with Tasameem Real Estate worth AED 500 million ($136.15 million) to develop several projects across the UAE. Under the deal, Abu Dhabi-based Manazel will …
Companies Investments
The project consists of five-star hotel Pullman
22 February 2018 08:43 AM Manazel Real Estate launches new project in Sharjah
Abu Dhabi – Mubasher: The UAE-based Manazel Real Estate Company has launched new residential hotel project in Sharjah on Wednesday. The project consists of five-star hotel Pullman which is scheduled to be managed by AccorHotels, in addition to a …
Companies Investments
The UAE-based firm’s revenue surged 15.12%
15 February 2018 02:15 PM Manazel Real Estate logs AED 220.6m net profit in 12M
Abu Dhabi – Mubasher: Manazel Real Estate Company on Thursday posted a 7% increase in net profit during the full-year 2017, registering AED 220.6 million, compared to AED 206.5 million a year earlier. That increase can be attributed to the …
Financial Results
The stock surged 5.36%
2 January 2018 09:58 AM Manazel Real Estate acquires 70% of ADX’s liquidity Tuesday
Abu Dhabi – Mubasher: Manazel Real Estate’s stock soared on Tuesday, acquiring 70% of the Abu Dhabi Securities Exchange’s (ADX) liquidity. By 11:30 am UAE time, the stock surged 5.36% to AED 0.59 after 49.8 million shares were traded, with a …
Trading Activities
UAE's developer Manazel to expand in KSA
26 November 2017 10:00 AM UAE's developer Manazel to expand in KSA
Abu Dhabi- Mubasher: Manazel Real Estate PJSC on Sunday announced that it will expand in Saudi Arabia through a slew of projects ahead of the end of 2017. Abu Dhabi-listed developer said that Saudi Arabia is one of the major economies in the Gulf …
Company News
This step comes in line with its strategy to invest in the education sector
25 October 2017 11:11 AM Manazel to build 4 schools
Abu Dhabi – Mubasher: Manazel Real Estate on Wednesday announced that it started planning for constructing four schools in its residential compounds inside and outside the UAE. This step comes in line with its strategy to invest in the education …
Companies Investments
Manazel’s stock tops ADX risers early Wednesday
18 October 2017 09:23 AM Manazel’s stock tops ADX risers early Wednesday
Abu Dhabi – Mubasher: Manazel Real Estate’s stock rose 3.70% to AED 0.56, after 14.5 million shares were exchanged, through 93 transactions, generating AED 8.13 million to acquire 32% of the Abu Dhabi Securities Exchange (ADX) liquidity on …
Trading Activities
Real estate stocks top risers in ADX early Monday
16 October 2017 09:19 AM Real estate stocks top risers in ADX early Monday
Abu Dhabi – Mubasher: The real estate sector stocks pushed the Abu Dhabi Securities Exchange (ADX) up 1.27% on Monday by 10:52 am UAE as the stocks of Eshraq Properties, Manazel Real Estate, and Aldar Properties went up 2.56%, 1.82%, and 1.65%, …
Trading Activities