Amlak Real Estate Investment and Trade Company is a subsidiary of United International Insurance Company (the parent company). The company operates through its main office in Al-Bireh and has no other branches.
The company works with every effort and determination to participate in the advancement of the investment market, and to apply all instructions and policies issued by the competent authorities and authorities. Amlak Real Estate Investment and Trade Company has been keen to provide its services at the highest levels.
The company's accounts in 2022 showed that rental revenues in the company amounted to 284 thousand US dollars, compared to 248 thousand US dollars in 2021, and the company achieved net profits of 34 thousand US dollars, compared to 501 thousand US dollars in 2021, and the reason for the increase in profits in 2021 It is the re-evaluation of the building and the land of the company, where the value of the re-evaluation was 498 thousand US dollars.
The Board of Directors recommends to the esteemed General Assembly to approve the financial statements and transfer the net profits of the year 2022 to the retained earnings from previous years, so that the net retained profits amounted to 4.897 million US dollars as of 12/31/2022.