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Abu Dhabi National Hotels more than doubles first-half profit

: Tuesday, August 05 - 2014 @ 17:17

With a day-loss of 0.43 per cent, the Abu Dhabi stock market index ADXGI closed at 4,962.72 points on Tuesday, August 5.

The market’s heavyweights telecom giant Etisalat, the most valuable Emirati firm, and Abu Dhabi National Energy Company, Taqa, lost 0.43 per cent and 2.65 per cent, respectively.

Abu Dhabi National Hotels (ADNH) closed unchanged at AED3.50. Earlier in the day, ADNH said it achieved in the first six months a net income of AED194.353m ($52.96m), up from AED89.953m ($24.51m) in the same period last year.

Gérard Al-Fil

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Tuesday, August 5- 2014 @ 17:17 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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