Activities

In addition to managing the investment activities of Foodco Holding, the division provides appropriate and cost-effective facilities for all the subsidiary companies under the banner of the holding company. Recognizing further business opportunities in the market, it expanded its operation to cover services for third party commercial and residential investors.

With a strong foothold in the real estate sector, the division moved forward, gaining momentum despite the economic downturn. By 2011, net profit from property investments reached a staggering AED 8.4 million, compared to AED 1.7 million profit achieved in 2002. The division’s success is equally reflected in managing Foodco Holding’s share portfolio as it continues to invest surplus funds into profitable asset classes, and is well on course to fulfilling its vision of becoming a world-class investor and a leading real estate operator in the Middle East.