Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Sorouh Poised for Biggest Gain in Two Months After Profit Rises

July 31 (Bloomberg) -- Sorouh Real Estate PJSC headed for the biggest advance in almost two months after Abu Dhabi’s second-biggest property developer by market value said second-quarter profit climbed 34 percent as costs dropped.

The shares gained 3.9 percent, set for the largest rally since June 5, to 1.07 dirhams at 12:34 p.m. in Abu Dhabi.

Net income rose to 148.2 million dirhams ($40 million) from 110 million dirhams a year earlier. The median estimate of three analysts was for a profit of 52 million dirhams, according to data compiled by Bloomberg.

To contact the reporter on this story: Zahra Hankir in Dubai at

To contact the editor responsible for this story: Claudia Maedler at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.