Saturday 19 April 2014
 
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Dubai Investments

Dubai Investments to lift foreign ownership cap

Dubai Investments, a diversified manufacturer and investor in property, plans to increase the limit on foreign ownership of its shares to 35 percent of its total capital, the company said on Sunday. Foreign investors now hold 13.7

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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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Dubai Investments eyes 40pc surge in glass demand

Dubai Investments (DI), a leading investment company listed on Dubai Financial Market, is targeting 40 per cent growth in the demand for glass during 2014, driven by the acceleration of infrastructure projects in the region. DI wi

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Dubai Investments announces key appointment

Dubai Investments, a leading investment company listed on Dubai Financial Market, has appointed Rizwanulla Khan as the executive president for its glass subsidiaries – Emirates Glass, Lumiglass and Saudi American Glass. In h

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Gulf Dynamic Services targets 30pc growth

Sharjah-based Gulf Dynamic Services (GDS), a leader in turnkey interior fit-out solutions, is targeting 30 per cent year-on-year growth in turnover during 2014, said its general manager. The company, a subsidiary of Masharie, the

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Dubai Investments net profit jumps on gains

Conglomerate Dubai Investments reported a more than two-fold jump in its 2013 net profit on Wednesday, on the back of higher gain on fair value of its investments, profit from sale of properties and reduced finance costs. The comp

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Dubai Investments profits up 150pc

Dubai investments expects to make a profit of around 800 million dirhams ($217.8 million) in 2013, a company statement said on Thursday, confirming local media reports. Khalid bin Kalban, the company's chief executive, had tol

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Dubai Investments sees exports up 129pc

Dubai Investments, a leading investment company listed on the Dubai Financial Market, has announced that the volume of exports from its various subsidiaries has grown substantially over the last five years, reflecting the potential of manufactur

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Dubai Investments sees $300m sukuk by year-end

Dubai Investments aims to raise $300 million from a debut sale of Islamic bonds by the end of 2013 after delaying a similar plan early this year due to rising interest rates, its chief executive said. The conglomerate, which has i

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Dubai Investments' units post solid growth

Dubai Investments (DI), the largest investment company listed on Dubai Financial Market, said its pioneering business models across diversified sectors have achieved healthy growth with a steady demand from new businesses entering the market a

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