Press Releases

ARKAAN Real Estate financial results for the first quarter of 2025

Ramallah, 13/05/2025

ARKAAN Real Estate disclosed its financial results for the first quarter of 2025, with profit attributable to ARKAAN’s shareholders amounting to $13.7 million compared to $8.6 million for the same period in 2024, showing an increase of about 59%.

The growth in ARKAAN's profits comes primarily from returns on its investment portfolio, noting that the ongoing difficult economic situation continues to negatively impact the Company's operational activities and those of its subsidiaries operating in Palestine.

The Company's assets increased by %3.6, while liabilities decreased by %9.9 compared to the end of the year 2024, while the book value of the Company share amounted to $3.18.

ARKAAN Real Estate started its operations in July 2022 as a public shareholding company with a capital of 131.6 million shares. ARKAAN holds a strategic real estate portfolio in key areas across Palestine, including Jericho Gate project. This portfolio positions ARKAAN to develop large-scale, high-quality real estate projects and invest in emerging cities and neighborhoods. Additionally, it holds a diversified investment portfolio that include equity holdings in local and regional banks generating annual returns and strengthening ARKAAN’s financial position.