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Dubai Investments PJSC plans to sell shares in its cooling unit Emicool in the fourth quarter and aims to start a 3 billion dirham ($817 million) real estate investment trust as it seeks to boost profit.Dubai Investments may sell 30 percent of its stake in the IPO of Emicool, which provides cooling services to hundreds of homes and offices in areas such as Dubai Investments Park and Motor City, bin Kalban had said in 2016 .Dubai Investments reported Sunday an 18 percent decline in full-year profit to 1 billion dirhams, as some transactions scheduled for 2017 were delayed to 2018, bin Kalban said.
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