As part of the financial sustainability initiative at Al-Nasr Club, Al-Nasr Investment Company signed an agreement with Emirates Properties to lease the Al-Nasr Central building, which includes 116 residential units, for a duration of 6 years. Additionally, a sponsorship contract worth 700,000 AED has been established for the club.
The signing ceremony took place in the presence of His Excellency Mansour Al-Falasi, Chairman of the Board of Directors of Al-Nasr Investment Company; Mr. Saad Al-Hamadi, Vice Chairman of the Board of Directors of Al-Nassr Investment Company; Ms. Noura Al-Jassmi, Board Member of Al Nasr Investment Company; and Mr. Muhammed Onam Vayalil, CEO of Emirates properties .
His Excellency Mansour Al-Falasi, Chairman of the Board of Directors of Al-Nassr Investment Company, expressed his satisfaction with renewing the partnership with Emirates Properties. He emphasized that Al-Nasr Club and Al-Nasr Investment Company are diligently working on a well-established and long-term investment plan to maximize the return on investment of existing assets, whether land or buildings, in order to achieve self-sufficiency through financial resources.