Home :: Tag Archives: a leading developer of high-end properties in the Middle East

Tag Archives: a leading developer of high-end properties in the Middle East

Damac’s 2015 net profit surges 30pc to $1.23bn

Damac Properties, a leading developer of high-end properties in the Middle East, said it has registered a net profit of Dh4.51 billion ($1.23 billion) for 2015, up 30 per cent over the previous year. Announcing the results, Damac said its revenue for the year rose to Dh8.54 billion ($2.32 billion), with its gross profit hitting Dh5.07 billion ($1.38 billion) during ...

Read More »