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FINANCIAL NEWS
UAE’s DI finishes 59.66 percent purchase in Al Mal Capital
23 Jun 2015
(MENAFN) Dubai Investments (DI), the number one investment firm ranked on the Dubai Financial Market, has finalized the purchase of 59.66 percent in Al Mal Capital PSC, Gulf News reported.
As a well-spread, branched-out institution that provides variegated investment products across its businesses, Al Mal will help DI in entering the financial services sector and will add a significant factor to its investment base.
“We have been eyeing an entry into the financial services sector for some time and the integration of Al Mal into the DI Group gives us the edge that we need as we continue our drive towards delivering even more value to our stakeholders,” the CEO of Dubai Investments said.
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