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Union Properties expects 418% surge in H1 earnings

: Saturday, July 05 - 2014 @ 04:20

Dubai-based real estate developer, Union Properties has said its profit in the first half of this year is expected to surge to Dhs700m ($191m), Reuters has reported. This would be a 418% jump from the corresponding period of 2013, when the company earned Dhs135.2m, the developer said, without explaining the reasons for the expected rise.

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Saturday, July 5- 2014 @ 4:20 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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