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Developers keep Abu Dhabi market afloat
- United Arab Emirates: Tuesday, October 23 - 2012 at 15:23
The Abu Dhabi market measure ADXGI advanced 0.20% to reach 2,653.45 points. Merger candidates Aldar Properties and Sorouh Real Eastate, the emirate's two largest developers soared 0.74% and 1.54%, respectively. The UAE's second lender National Bank of Abu Dhabi or NBAD closed even at Dhs9.68. Earlier in the day, NBAD the net profit for the nine-month period was Dhs3.2bn, up from Dhs2.9bn in the year before.
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Gérard Al-Fil, Financial JournalistTuesday, October 23 - 2012 at 15:23 UAE local time (GMT+4)
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