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Dubai Investments plans $191m asset sale this yearDubai Investments aims to raise Dh700 million ($191 million) from selling part of its holdings in two companies this year, said its chief executive Khalid bin Kalban. "We hope to exit these investments in the second quarter o More… |
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Dubai Investments to raise $300m from sukuk saleDubai Investments plans to raise $300 million from the sale of Islamic bonds, or sukuk, investor meetings for which is expected to begin in May, the company's chief executive told Reuters on Wednesday. The conglomerate, which More… |
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Dubai Investments showcases at Big 5 SaudiDubai Investments, the largest investment company listed on the Dubai Financial Market, is showcasing its wide-ranging interests in the construction and ancillary sectors at the ongoing Big 5 Saudi expo in Jeddah. During the event More… |
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Dubai Investments Q3 profit soars to $22mUAE conglomerate Dubai Investments said its third-quarter net profit more than doubled to Dh81.4 million ($22.16 million) as it booked gains in the value of its investment properties. The company, in which sovereign fund Investmen More… |
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Dubai Investments Q1 net up 6.3pcConglomerate Dubai Investments posted a 6.3-per cent rise in quarterly net profit on Sunday and said the company was reviewing opportunities to divest some of its businesses. The firm, in which sovereign wealth fund Investment Corporation More… |
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DIFC Investments swings to profit in 2011DIFC Investments, the investment arm of the company running Dubai's financial free zone, swung to a full-year profit in 2011, financial statements showed, and is close to a bank deal to refinance an upcoming Islamic bond maturity. The More… |
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Dubai Investments Q2 net profit falls 30pcDubai Investments posted a 30 per cent drop in second-quarter net profit on Tuesday and the UAE conglomerate said it hopes to secure additional financing for expansion in the second half of the year. The company, in which sovereign fund In More… |
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Dubai Investments faces exports setbackDubai Investments has secured only a quarter so far of the 1.2-billion dirhams ($326.7 million) loan it wanted to raise, its chief executive said, and the conglomerate's manufacturing business faces setbacks due to regional unrest. Kha More… |
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Dubai Investments Q1 net profit falls 64pcUAE conglomerate Dubai Investments reported a sharply lower first-quarter net profit on Monday as operating profit weighed on earnings and losses on investments widened. The company reported a net profit of 101.1 million dirhams ($27.53 mi More… |
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Dubai Investments seeks $327m loan for expansionUAE conglomerate Dubai Investments said it is in talks with banks for a Dh1.2 billion ($326.8 million) loan, as it looks to expand its operations. The Dubai-based firm has approached four banks, including two based in the UAE for the loan, More… |
