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FINANCIAL NEWS
Dubai Investments allots 12pct cash dividend
11 Apr 2017
(MENAFN) Dubai Investments has decided to distribute 12 percent cash dividend and 5 percent bonus shares to the shareholders for the fiscal year ending Dec 31, 2016.
Moreover, the firm’s shareholders also confirmed all other resolutions showed by Dubai Investments board of directors, while its revenue for last year reached USD332.15mn.
In addition, whole assets of Dubai Investments increased by Dh861mn to reach USD4.38bn as of December 31, 2016.
Through this year, the firm will continue its execution of real estate projects and exploring new investment chances, in the education and healthcare sectors.
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