Hedge Funds & Alternative Investments
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Damac to experience 'cash flow pressure' in 2018, says EFG Hermes
Operational and financial challenges at Damac Properties, one of the UAE’s biggest listed real estate developers, are expected to continue this year after the company reported a 25 per cent drop in full-year net profit for 2017, a report from EFG Hermes bank said. “We think the company will face…
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