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Abu Dhabi's Sorouh Q1 net profit up 30 percent

Abu Dhabi's Sorouh Real Estate SOR.AD, which is in merger talks with larger rival Aldar Properties ALDR.AD, posted a 30 percent rise in quarterly profits on Sunday, adding to a string of higher earnings from UAE property firms in recent days. Sorouh, the second largest property developer by market value…

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