Emaar To Reinvest Its 2009 ProfitFriday, April 30, 2010
 Emaar Properties shareholders yesterday approved non-distribution of dividend for 2009 and authorised the company to reinvest its profits into "long-term growth".
In 2009, the Dubai-based developer recorded annual net profit of Dh2.051 billion on revenue of Dh8.413 billion. The company's 12th annual general meeting endorsed a "commitment to project delivery and business segmentation", Emaar said in a statement. Source: Gulf News
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