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FINANCIAL NEWS
Dubai Investments Co. posts 97% rise in Q1 profit
08 May 2013
(MENAFN) Dubai Investment CEO, Khalid Kalban, announced that the company’s net profit grew a massive 97 percent for the first three months this year to USD57.4 million, reported Khaleej Times.
He attributed the company’s exceptional performance to an increase in investor confidence and an active real estate market.
Dubai’s largest investment firm reportedly has a USD952 million capital, invested in many different sectors.
It is worth mentioning that the company plans to issue USD300 million Sukuk some time this quarter.
More News
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
02 Jul 2025
BBK launches the largest-ever Al Hayrat Prizes, offering BD 5 million to over 2,000 winners
12 May 2025
Alsharifi: “Proud of our strategic partnership with the Royal Humanitarian Foundation”
04 May 2025
BBK offers exclusive Mortgage Loans for luxury villas and apartments on Reef Island
30 Apr 2025
BBK discloses its financial results for the first quarter ended 31st March 2025
25 Mar 2025
BBK’s General Assembly Approves 35% Cash Dividend Distribution to Shareholders
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