Emaar Properties announces 10% increase in second-quarter profits

Nicholas Wallwork

Nicholas Wallwork

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All eyes were very much on the second-quarter results from property giant Emaar Properties as a means of forecasting the short to medium term direction of the Dubai property sector. The company certainly did not disappoint announcing net second-quarter profits of AED675 million which was significantly higher than expectations and the AED614 million announced for [...]

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