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Dubai developer Emaar’s profits top Dh2.5bn amid property revival

Strong perfomance across its malls, property and hotel units helped to push quarterly profits up by 48 per cent at Emaar Properties. Full-year net income rose 21 per cent to Dh2.56 billion, beating expectations. The Dubai-based company generated Dh756 million in profit in the fourth quarter, capping a bumper year…

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