Saturday, 18 November 2017 02:57 GMT
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Dubai's Nakheel allocates USD2 b for giant projects

(MENAFN) Net profit of Dubai developer Nakheel has exceeded 27.2 percent, while revenues rose by more than 20.5 percent in 2013, according to Khaleej Times



As a result, the company plans to invest USD2.178 billion to launch more hotels and shopping malls in Dubai



Nakheel said that its full-year profit rose by 27.2 percent reaching USD699 million, while revenues boosted by 20.5 percent at USD2.55 billion on the back of buoyancy on the property market


Dubai's Nakheel allocates USD2 b for giant projects

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