Last 1.93 AED
Change Today +0.25 / 14.88%
Volume 32.9M
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As of 5:00 AM 12/18/14 All times are local (Market data is delayed by at least 15 minutes).

dubai investments pjsc (DIC) Snapshot

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04/23/14 - 4.22
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12/17/14 - 1.62
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dubai investments pjsc (DIC) Details

Dubai Investments PJSC, together with its subsidiaries, operates in Manufacturing and Contracting, investment, and property businesses primarily in the United Arab Emirates. The company manufactures and sells materials used in building construction projects; executes construction contracts; and produces and distributes pharmaceuticals, dairy products, aluminum extruded products, and laboratory furniture. It also invests in start up ventures and initial public offers, bonds, funds, and shares. In addition, the company is involved in the development of real estate projects for rentals; and sale of developed property units. Dubai Investments PJSC was incorporated in 1995 and is based in Dubai, the United Arab Emirates.

Founded in 1995

dubai investments pjsc (DIC) Top Compensated Officers

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dubai investments pjsc (DIC) Key Developments

Dubai Investments Seeks Acquisitions

Dubai Investments PJSC (DFM:DIC) is looking to start acquiring successful, profitable companies to boost its portfolio. "In the coming three months, we are about to acquire two companies, one in the financial services sector and one in real estate," Chief Executive Officer, Khalid Jassim Mohd Bin Kalban said.

Dubai Investments Announces Earnings Results for the Third Quarter and Nine Months of 2014

Dubai Investments announced earnings results for the third quarter and nine months of 2014. For the quarter, the company reported net profit by 17.4% for the July-September period of 2014 compared to the same period last year, due to lower costs and administrative expenses. Net profit reached USD 51.5 million compared with USD 16.63 million in the same period of 2013. The company reported net profit almost doubled for the January-September period, reaching USD 270.75 million, which was helped by the company selling a 66% equity stake in its wholly owned pharmaceutical unit Global pharma to an investor group, which contributed in a profit of USD 128.48 million during the April-June period.

Dubai Investments Provides Earnings Guidance for the Full Year of 2014

Dubai Investments provided earnings guidance for the full year of 2014. The company expects its annual profits to be at AED 1.4 billion for year 2014.


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