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FINANCIAL NEWS
Dubai Investments boosts foreign ownership to 35 percent
24 Apr 2014
(MENAFN) Dubai Investments said it has recently raised the foreign ownership limit in the company to 35 percent up from 20 percent, according to Arab News.
The company, which is the largest investment company listed on the Dubai Financial Market (DFM), also plans to distribute 7 percent cash dividend and 7 percent bonus shares for 2013.
Sohail Faris Ghanim Al Mazrui, a member of the board of directors, said: “Dubai Investments has registered fast-paced growth over the years with a strategic focus across three industry sectors ” property, manufacturing & contracting, and investments, and aims to add value to its diversified portfolio through prudent use of capital and sound management skills.”
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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