Mubasher: The unaudited financial statements revealed that Palestine’s Arab Real Estate Company narrowed its net losses by 15.4% to $28,300 in the third quarter of 2016 from $33,410 in the year-ago period.

In the first nine months of 2016, the company turned to profits of JOD 63,010 against losses of JOD 35,950 in the prior-year period.