Total revenue for Amlak for Finance reached 3.12 billion dirhams, compared to 233 million dirhams in the 2024 financial year. The company's statement said, "This exceptional growth is mainly attributed to the sale of real estate, particularly the completion of the deal to sell land in the Ras Al Khaimah area in July 2025, which generated total revenues of 2.9 billion dirhams and profits of 2.14 billion dirhams during the year." The company achieved a net profit after tax of 1.47 billion dirhams for the year ended December 31, 2025, compared to a net profit of 12 million dirhams for the same period in 2024. The company's operating expenses decreased by 9% during the year to reach 92 million dirhams, compared to 101 million dirhams in the same period last year. Thanks to the strong profitability recorded in 2025, the company was able to fully offset its accumulated losses and achieve retained earnings at the end of the year, for the first time in 15 years. During 2025, the company fully settled its financial obligations to six lenders totaling 989 million UAE dirhams, including profits, and exited the common terms agreement, which resulted in the lifting of all commitments, guarantees, and property mortgages. Jamal Hamid Tani Al-Mari, Chairman of the Board of Directors of Amlak for Finance, stated that 2025 was a pivotal milestone in 'Amlak's' journey, and in the next phase, we will focus on creating long-term sustainable value. In turn, Aref Bastaki, CEO of Amlak for Finance, said that Amlak's results for 2025 reflect strong performance compared to the previous year, driven by cost control efficiency and monetization of strategic assets, led by the sale of land in the Ras Al Khaimah area. Concurrently, we strengthened our capital structure by settling our obligations with major lenders and terminating the common terms agreement, which contributed to simplifying our operations and enhancing our financial flexibility. We also progressed in the exit process from our subsidiary in Egypt and completed the exit from our associate company in Saudi Arabia. With a stronger balance sheet, we are well-positioned to achieve disciplined growth, improve strategic outcomes, and support 'Amlak's' long-term priorities.
