The total value of Dubai Investment Company’s assets rose to 19.6 billion dirhams until the first quarter of 2019, up from 17 billion dirhams two years ago, bringing the company closer to achieving its goal It put it two years ago, by increasing the value of its assets to 20 billion dirhams by 2020.

Khalid bin Kalban, the managing director of the company, revealed in statements to the economic statement, that the real estate portfolio owned by the company holds the largest share of the total assets, as the total value is more From 12.2 billion dirhams (62.3%) of the total, followed by the portfolio of assets of the manufacturing, contracting and services sectors with a value of 4.8 billion dirhams (23.8%), then financial investments, amounting to 2.6 billion dirhams (14.0%).

Informed sources also revealed negotiations by investors seeking to buy a 30% stake in the Emirates District Colling Company known as Emicol which is wholly owned by Dubai Investment, but the company is still Study these offers.

It is worth noting that the general assembly of the company will discuss a proposal to distribute 10% cash dividends to shareholders (the equivalent of 10 fils / share) of the capital for the year 2018, and that During its meeting next April 17th.


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