DUBAI: Dubai’s Nakheel said on Wednesday its net profit increased 19 percent last year to $1.19 billion, as the real estate giant widens its revenue base.
The government-owned firm, which built Dubai’s iconic islands in the shape of a palm tree and a world map, said net profits jumped in 2015 to 4.38 billion dirhams ($1.19 billion) from 3.68 billion dirhams in 2014.
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