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Abyaar posts nine-month net profit increase of 95%

Abyaar Real Estate Development, one of the leading luxury developers in the Middle East, announced its financial results for the first nine months of 2008, posting net profits of KD 24,325,232, compared to the KD 12,491,217 reported for the same period of 2007, representing an increase of 95%. Earnings per share rose to 50.14 fils per share for the first nine months of 2008, compared to 25.87 fils per share for the same period of last year.



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