Wednesday 30 July 2014
 
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Masharie

Dubai Investments nets $29m profits

Dubai Investments (DI), a leading investment company listed on the Dubai Financial Market, said it has achieved profits of Dh108 million ($29.4 million) through divestments in nine subsidiaries over the years. DI said a major cont

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Alkhabeer buys stake in Dubai Investments unit

UAE conglomerate Dubai Investments said one of its investments subsidiaries, Masharie, has sold a strategic equity stake in Anchor Allied Factory, a leading integrated producer of adhesive tapes and spray paints, to Saudi-based Alkhabeer Capital

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Masharie divests 50pc stake in Syscom

Masharie, the private equity arm of Dubai Investments, announced that it has divested 50 per cent of its stake in Syscom Emirates, a telecommunication system integrator in the region, to Inteltec Emirates, a subsidiary of Saudi Inteltec. “

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Masharie divests 50pc stake in Syscom

Masharie, the private equity arm of Dubai Investments, announced that it has divested 50 per cent of its stake in Syscom Emirates, a telecommunication system integrator in the region, to Inteltec Emirates, a subsidiary of Saudi Inteltec. “

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Masharie acquires 51pc stake in Saudi firm

Masharie, the private equity arm of Dubai Investments, said it has acquired a 51 per cent stake in Technical Rubber - a leading rubber products manufacturing company based in Dammam, Saudi Arabia. The strategic acquisition complements Mash

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Dubai Investments to sell 30pc of unit in IPO

Dubai Investments Co said on Thursday that it plans to sell a 30 percent stake in its Masharie unit through an initial public offering (IPO) next year. The IPO for Masharie, the private equity arm of Dubai Investments, will be launched in

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Gulf Metal Craft to double production

Gulf Metal Craft (GMC), the leading manufacturer of metal enclosures in the UAE, plans to double production capacity by expanding its existing factory in Jebel Ali, Dubai. The expansion will include construction of new buildings as well as

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