05 May 2025

Bou Qammaz: Amar Finance achieved positive results despite challenges in 2024.

On the sidelines of the Ordinary General Assembly held yesterday, Monday, with an attendance rate of 82.426%, Abdullah Bu Qamaaz, Chairman of Amar Finance and Leasing Company, stated that the company succeeded in achieving positive results during 2024, despite the economic and geopolitical challenges that impacted global and local markets.

Bu Qamaaz stated that last year witnessed significant fluctuations due to geopolitical tensions and supply chain disruptions, in addition to the accelerating pace of digital transformation and technological changes. Despite these challenges, Amar was able to capitalize on available opportunities, thanks to a flexible strategy focused on sustainable growth and innovation.

The company's financial results showed significant growth in revenues and improved profitability indicators, driven by its efforts to enhance operational efficiency and expand its services. The company also continued its investments in digital transformation, enhancing its ability to adapt and meet changing market needs. In the real estate management and investment sector, the company achieved positive performance through the development of new projects and the growth of real estate assets, in addition to concluding strategic partnerships that contributed to enhancing sustainable returns and diversifying the investment portfolio. Bou Qamaaz emphasized that Ammar places sustainability and social responsibility at the core of its strategy, continuing to implement targeted environmental and social initiatives, developing its internal work environment, and providing training and continuous development opportunities for employees, all of which have had a positive impact on performance and job satisfaction.