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FINANCIAL NEWS
Dubai Holding projects high USD1.4 gross profit in 2015
20 Nov 2015
(MENAFN) Dubai Holding, the global investment holding company that develops and manages an extensive portfolio of companies focused on investments, financial services, and real estate, expects a USD1.4 billion net profit for 2015.
Additionally, the top firm which has assets surpassing USD35.3 billion attributes its success to its resilience and diversity, let alone it follows a long-term strategy that is closely aligned with Dubai’s broad perspective and strategy.
Moreover, Dubai Holding’s business is closely aligned with Dubai’s economic model, which is based on a solid services division, and as part of this model, the group has a substantial international investments in the hospitality sector.
“The UAE will enjoy sustainable development in the following year, supported and boosted by the healthy performance of diverse economic sectors,” stated the Vice-Chairman and Managing Director of Dubai Holding.
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