26 Oct 2011
(MENAFN) Dubai Investments’ chief executive, Khalid Bin Kalban, said that due to provisions, the company’s expected profit in the third quarter would decline to USD8.16 million from USD58.14 million in 2010, reported Emirates 24/7.
Bin Kalban added that in the January-September period, profit would be forecasted to reach around USD73.5 million.
On the other hand, he said that the company would raise Masharie’s capital, Dubai Investments private equity unit, from USD163.3 million to USD272 million, awaiting the approval of its shareholders.
It is worth noting that Dubai Investments managed to secure USD190.6 million of a USD326 million the company plans to raise.
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
12 Mar 2025
Mr. Yaser Alsharifi completes Harvard Business School Presidents’ Program in Leadership
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more