02 Nov 2010
(MENAFN) UAE conglomerate Dubai Investments earned a net profit of $58.17 million in the third quarter of 2010, compared to $72 billion in the same period of 2009, registering a 19.8 percent decline, Gulf News Daily reported.
As for the second quarter of 2010, the conglomerate generated $53 million as net profit, compared to $78 million in the same period in the previous year.
Contract revenue also dropped 18.6 percent down to $47 million while rental income fell by 15.9 percent.
Dubai Investment launched its first residential project, Ritaj, in 2006, and competes with developers Emaar Properties and Deyaar.
17 Sep 2025
BBK and CrediMax launch exclusive offers for customers in collaboration with The Ritz-Carlton, Bahrain
31 Aug 2025
BBK announces an exceptional 6-month grace period financing campaign for Personal and Car Finance customers
13 Aug 2025
BBK’s BD 5,000,000 Al Hayrat scheme awards BD 680,000 to 390 Al Hayrat winners in August and September
04 Aug 2025
HM the King’s Support for Youth is an Inspirational Model for Their Empowerment Journey
28 Jul 2025
BBK discloses its financial results for the half year ended 30th June 2025
20 Jul 2025
CBB approves the transfer of the retail banking operations of HSBC Bank Middle East, Bahrain Branch to BBK
08 Jul 2025
BBK proudly launches the third edition of “Grow” and welcomes 20 Bahraini graduates
03 Jul 2025
BBK hosts executive leadership session on digital assets in collaboration with Rain
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