Emaar Reports Slight H1 Growth

Emaar Properties has recorded net profits of Dhs3.315bn ($0.902bn) for the first half of 2008, a marginal growth over half-year 2007 net profits of Dhs3.279bn ($0.893bn). Net profits in the second quarter (April to June) of the year grew 7% over second quarter 2007 net profit of Dhs 1.558bn ($0.424bn) and is similar to the first quarter 2008 profits, the company said.