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FINANCIAL NEWS
Dubai’s Union Properties reports USD21.8m profit in Q2
05 Aug 2013
(MENAFN) Dubai-based developer Union Properties Posted a 36 percent increase in quarterly earnings, driven by income from liabilities settlements with contractors, Reuters reported.
Union Properties said that it made a saving of USD21.77 million in the April-June period on account of liabilities settlements with contractors for certain projects.
The company said it made USD30.8 million net profit during the second quarter, up from USD2275 million a year earlier.
More News
13 Apr 2026
BBK launches the Youth Advisory Council (YAC) to empower youth and advance innovation
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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