Dubai / WAM Emaar Properties PJSC recorded a 15 percent growth in net profit to reach AED2.837 billion ($772 million) during the first six months of 2017 (H1), compared to AED2.475 billion ($674 million) during the same period last year. The H1 2017 revenue reached AED7.866 billion ($2.142 billion) an increase of 8 percent over H1 2016 revenue of AED7.257 ...

ABU DHABI / WAM The Emirate of Abu Dhabi’s trade in iron and steel, aluminum, and copper hit AED6.8 billion during the first third of 2017, a growth of 15.6 percent over the corresponding period last year, according to the Statistics Centre- Abu Dhabi. The three minerals account for 11.6 percent of the total non-oil trade across the emirate’s points ...

Dubai / Emirates Business DAMAC Properties Dubai Co. PJSC, a leading property developer in the Middle East, announced its first-half 2017 financial results, reporting total revenue of AED3.5 billion and net profit of AED1.6 billion. As of 30 June 2017, DAMAC’s booked sales for H1 stood at AED 4 billion, and delivered 1,071 units in DAMAC Hills, Dubai. Total cash ...