Union Properties expects 418% surge in H1 earnings
05/07/2014 4:20 am EDT

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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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