FINANCIAL NEWS

Dubai Holding records USD1.27b net profit

01 Jul 2015

(MENAFN) Dubai Holding registered to USD1.27 billion net profit for 2014, marking a solid 42 percent increase in comparison with the previous year, according to stats, Khaleej Times reported.

Total revenue reached USD3.59 billion and asset value was recorded at USD35.38 billion. Presently, the company looks to solidify leadership promotion in hopes of maintaining its decent gains.

“Ten years after its inception, Dubai Holding enters a new phase of growth; the group reinforces its leading position in generating added value to the national economy,” an official said.

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