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Nakheel profit surges 33%

Property developer Nakheel posted a net profit of Dh1.3 billion for the financial year ending December 31, 2011 reflecting an improvement of 33 per cent over 2010, the company said on Monday. The increase in profit in financial year 2011 is primarily due to the fact that as against impairment…

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Click here to read the full story: Khaleej Times

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