Emaar Q1 net up 15% as Dubai property sales rise 44% – Property
Emaar Properties on Sunday said net profit for the first quarter 2017 rose 15 percent, driven by its hospitality, entertainment and leisure businesses, and property sales in Dubai, which grew 44 percent the first three months of the year. Net profit rose to AED1.38billion ($377million) in the first quarter from AED1.21bn ($328m) reported in same period last year, while revenue jumped 15 percent to AED4.07bn ($1.11bn) from […]