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Private jets, luxury yachts are new status symbols for China's richest
Source: Channel News Asia (03, July 2006)

Farooq Arjomand, Chairman, Majestic Executive Aviation and Luxury Travel, said: "I think there is a huge potential in China. So hopefully within six months to one year, we'll have a base in Shanghai and by then hopefully we are planning to have maybe two aircrafts to be based in China."


PLET signs biggest-ever laundry deal in the Middle East with ILS
Source: AME INFO (October, 13 2005)
Professional Laundry Equipment Trading (PLET), an Al Hathboor Group company, inked AED 20 million-worth contract with Institutional Laundry Services (ILS), Dubai, for supply and installation of industrial laundry equipment..


AMLAK 2002 financial results take off
Source: AME INFO (December, 12 2002)

The company, which has seen exponential growth in its customer base and in demand for its mortgage products, posted 800 percent growth both in the number of home loans granted and in the total loan amount dispersed in 2002, compared with last year.


Amlak Finance posts 800pc growth in home loans
Farooq Arjomand, Director - AMLAK Finance
AMLAK Finance, Emaar's mortgage subsidiary, yesterday announced that it has posted 800 per cent growth both in the number of home loans and in the loan amount dispersed for the year 2002 compared to the previous year. A Press release from the company, however, did not give the figures, but said that the unprecedented demand for home loans is expected to continue. Farooq Arjomand, vice-chairman of Amlak Finance, said: "Following the launch of several real-estate development projects in Dubai, the market has really taken off in the past year and has precipitated unprecedented demand for home finance options, which we expect to continue."

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