Friday 29 March 2024
 
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Masharie

Dubai Investments divests 50pc stake in driving centre

Dubai Investments has announced that its private equity subsidiary Masharie has divested its 50 per cent stake in Drive Dubai, one of the emirate's leading driving centres, for Dh35 million ($9.5 million). The stake sale gener

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Gulf Dynamic targets 25pc surge in 2017 sales

Gulf Dynamic Services (GDS), a subsidiary of Masharie - the private equity arm of Dubai Investments - is targeting a 25 per cent increase in sales in 2017 in light of the surging demand for fit-out solutions across the region.

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UAE firm eyes regional indoor lighting boom

Lite-Tech Industries, a subsidiary of Dubai Investments, is set to start a dedicated assembly unit in the UAE for complete LED (light-emitting diode) fixtures as part of its regional expansion strategy. A joint venture between Mas

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Masharie divests 51pc stake in rubber firms for $9.9m

Masharie, the private equity arm of Dubai Investments – a leading investment company listed on DFM, has divested its 51 per cent stake in both International Rubber Company (IRC) and Techno Rubber Company (TRC) for Dh36.5 million ($9.9 mill

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Masharie divests 51pc stake in rubber firms for $9.9m

Masharie, the private equity arm of Dubai Investments – a leading investment company listed on DFM, has divested its 51 per cent stake in both International Rubber Company (IRC) and Techno Rubber Company (TRC) for Dh36.5 million ($9.9 mill

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Masharie targets 36pc growth in 2014

Masharie, the private equity arm of Dubai Investments, expects the top line from its existing portfolio to reach around Dh750 million ($204 million) in 2014, marking a 36 per cent growth over Dh550 million ($150 million) last year.

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International Rubber Company sales hit $9m in H1

International Rubber Company (IRC), a subsidiary of Masharie, the private equity arm of Dubai Investments, and a leading manufacturer of synthetic rubber profiles in the Middle East, has achieved sales of Dh34 million ($9.2 million) in the first

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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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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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