Aldar clocks profit

Aldar Properties has announced profits of US $247 million (AED907.5 million) for the first half of 2007, a 72% increase on the same period last year.

Aldar Properties has announced profits of US $247 million (AED907.5 million) for the first half of 2007, a 72% increase on the same period last year.

Developments constructed increased by 92% to $1.1 billion, compared to $571 million at year-end 2006, resulting from investment in existing and new projects.

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