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Saudi Arabian developer Jabal Omar Development Co. says its profits rise 467% year-on-year in the second quarter ending June 30, 2017, Invest-Gate reports.
Dubai-based property developer Emaar Properties reports a rise in its net profits during the second quarter of 2017, Invest-Gate reports.
Egyptian real estate developer Porto Group Holding posts higher profits during the second quarter of 2017 due to a growth in revenues, Invest-Gate reports.
Emaar Malls posts net profits of AED 482 mn in the second quarter of 2017, a rise of 5.2% from AED 458 mn in the prior-year period, Invest-Gate reports.
The UAE's ports operator DP World posts a rise in second-quarter gross container volumes by 10.4% on a like-for-like basis and 10.7% on a reported basis, Invest-Gate reports.
Total volume of Dubai residential transactions declined 23% q-o-q in Q2 of 2017, Invest-Gate reports.