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Dubai’s Nakheel 2014 Net Profit Jumps 43.2% Despite Revenue Slump
Dubai developer Nakheel expects to maintain profit growth of 40 per cent seen last year in 2015 and 2016, its chairman said on Wednesday, as it benefits from diversifying into the retail and hospitality sectors. The positive outlook from Ali Rashid Lootah came after the state-owned company reported a 43.2…
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