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Emirates REIT sees sharp fall in 2020 net property income

Emirates REIT sees sharp fall in 2020 net property income
DUBAI, 8 hours, 20 minutes
ago
UAE-based Emirates REIT, one of the largest shari a-compliant real estate investment trusts, has recorded a 9.7 per cent decline in its rental income for the year ended December 31, 2020 compared to the year before, while its total property income fell 9.4% and net property income was down 11.3 per cent due to challenging market conditions.

Announcing the 2020 results - prepared in accordance with International Financial Reporting Standards ( IFRS ) and audited by Deloitte And Touche (ME) - Equitativa (Dubai), manager of Emirates REIT, said the net asset value as of December 31, 2020 stood at $225.5 million ($0.74 per share), while the year witnessed a decrease of 1.3% in the portfolio’s total property expenses. ....

United Arab Emirates , Houlihan Lokey , Sylvain Vieujot , International Financial Reporting Standards , Deloitte And Touche , Chairman Abdulla Al Hamli , Executive Deputy Chairman , Index Tower , ஒன்றுபட்டது அரபு அமீரகங்கள் , ஹொலின் லோக்கெய் , சர்வதேச நிதி புகாரளித்தல் தரநிலைகள் , டெலோய்ட்டே மற்றும் தொடுதல் , நிர்வாகி துணை தலைவர் , குறியீட்டு கோபுரம் ,

ZIMRA chief quits for IMF job

Zimra Commissioner General Ms Faith Mazani
ZIMBABWE Revenue Authority (ZIMRA) Commissioner General, Faith Mazani is set to take up a new appointment at the International Monetary Fund (IMF) with effect from the 1
ST of February next year.
In a statement, ZIMRA said Commissioner General Mazani will be leaving the revenue collector at the end of January next year.
Commissioner General Mazani joined the then Zimbabwe Department of Taxes in January 1983, and was one of the first Revenue Commissioners of the Zimbabwe Revenue Authority (ZIMRA) at its inception in 2001.
She left ZIMRA in February 2007 and joined The South African Revenue Service (SARS) as Senior Manager in October 2007, after a brief stint as Senior Tax Manager at Deloitte And Touche Zimbabwe. ....

South Africa , South African , Regional Revenue Administration Advisor , International Monetary Fund , Revenue Commissioners Of The Zimbabwe Authority , Revenue Authority , Imf Regional Technical Assistance Center , African Revenue Service , Zimra Commissioner General Ms Faith Mazani , Commissioner General , Faith Mazani , Commissioner General Mazani , General Mazani , Zimbabwe Department , Revenue Commissioners , Zimbabwe Revenue Authority , South African Revenue Service , Senior Manager , Senior Tax Manager , Deloitte And Touche , West Africa , சர்வதேச பண நிதி , வருவாய் ஆணையர்கள் ஆஃப் தி ஸிஂபாப்வே அதிகாரம் , வருவாய் அதிகாரம் , இஂஃப் பிராந்திய தொழில்நுட்ப உதவி மையம் , ஆணையர் ஜநரல் ,