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FINANCIAL NEWS
Nakheel reports USD109m property sale
24 Aug 2012
(MENAFN) Dubai based Nakheel stated that it was able to conclude a USD109 million sale for a plot of land on Palm Jumeirah, reported Bloomberg.
Nakheel stated that the first half of the current year is proving to have good impact on the company’s sales.
Last month, the state-owned developer said its first-half profits jumped 36 percent, buoyed by property handovers on several projects.
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