Dubai Aerospace Enterprise (DAE) has revealed that its total revenue for the first half of 2019 stands at $726.9 million, up from the $711.4 million posted in the same period last year. The group said that its profit $197.1 million, an increase from the $195.2 million posted in June 2018. DAE’s pre-tax profit margin was slightly down by 2% year-over-year standing at 29%. Earlier this week, DAE signed an agreement to raise an additional $490 million from three loan agreements.

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