FINANCIAL NEWS

Dubai’s Nakheel profit grows by USD402.9mn

30 Jul 2016

(MENAFN) Dubai developer Nakheel posted flat second-quarter profit increase, which reached USD402.98mn in Q2.

Moreover, the firm’s profit for the first six months of this year was USD0.80bn, up from USD0.77bn in the same period of last year.

Additionally, the developer handed over 1.7000 units of customers, while the retail, residential leasing and hospitality businesses performed positively.

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