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FINANCIAL NEWS
Dubai investments for public projects reach USD 0.95bn
28 Mar 2016
(MENAFN) Dubai Municipality has finished its investment plan for its properties, which carried out by the municipality and other investors to offer public services at USD 0.95bn.
Moreover, the real value of the investments for 20 investment projects was USD 0.34bn and the return on investment last year was more than USD 28.63mn.
In addition, investments from the private sector in 27 projects, which are part of the Municipality’s properties touched more than USD 0.62bn.
The return on investment from projects was 6 percent in 2016, with USD 61.10mn, which increased to 6.5 percent in 2014, with USD 62.03mn.
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BBK Successfully Closes USD Benchmark Bond Offering at $500 Million, in Collaboration with a Consortium of Regional and International Banks.
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