Press releases, Reports & Disclosures for Dubai Investments PJSC

Dubai Investments reported a 59% increase in profit before tax, reaching AED 1.10 billion for the nine-month period ending on September 30, 2025. This growth was driven by increased rental income from its real estate portfolio and strong performance in its manufacturing segment. The company's investment portfolio also contributed to the profitability in Q3 2025. Total assets rose to AED 23.57 billion, and equity attributable to owners increased to AED 14.37 billion. CEO Khalid Bin Kalban highlighted the group's strategic focus on real estate and income-generating assets, emphasizing operational efficiency and long-term growth. Looking forward, Dubai Investments plans to advance growth in its core sectors, particularly real estate, with ongoing projects like the Violet Tower in Jumeirah Village Circle and developments at Danah Bay and Mirdif Hills.

Dubai Investments PJSC and its subsidiaries have released their condensed consolidated interim financial statements for the nine-month period ending on September 30, 2025.

Dubai Investments Park (DIP) Angola, developed by Dubai Investments, has signed a deal with UAE-based Reportage Group for the acquisition of two land plots totaling 10,764,000 sq. ft. in Angola. This land will be used to develop two large-scale gated residential communities with an estimated investment of AED 1.8 billion (USD 500 million). The agreement was signed by Omar Al Mesmar of Dubai Investments International Angola LDA and Andrea Nucera of Reportage Group. The project aims to establish DIP Angola as a premier residential destination, attracting high-caliber developers. The development will feature a luxury ocean-facing community with a boutique hotel and villas, and a hilltop community with townhouses. Construction is set to begin in June 2026, with phased handovers starting in Q4 2029 and full completion by Q4 2030. Emirates Limited Investment and Development Company, a partner of Reportage Group, will oversee the construction. Andrea Nucera highlighted the project's significance in Reportage Group's international expansion and Angola's growth potential.

Dubai Investments has started constructing a second production line for Emirates Float Glass (EFG) at the Khalifa Economic Zones Abu Dhabi, making it the only dual float line facility in the GCC. This expansion involves an investment of over AED 600 million and aims to enhance production capabilities and product offerings, including the introduction of Ultra Clear Glass. The project, attended by key officials and partners, highlights Dubai Investments' focus on industrial innovation and economic diversification. The second float line is expected to be operational by late 2027 or early 2028, reinforcing EFG's position as a leader in float-glass manufacturing in the region.

Dubai Investments announced plans to double the float glass manufacturing capacity at its subsidiary, Emirates Float Glass (EFG), by adding a second production line. This expansion will increase EFG's capacity from 600 to 1,200 tons per day and introduce Ultra Clear low-iron glass, a first in the MENA region. The new line, expected to be operational by late 2027 or early 2028, will feature advanced automation and energy-efficient systems to improve product quality and minimize environmental impact. This development aligns with Dubai Investments' commitment to sustainable growth and positions EFG to meet growing demand in regional and international markets. The project involves collaboration with HORN Glass Industries of Germany and other contractors to ensure high standards of delivery.

Dubai Investments announced that DIP Angola, Angola's first fully integrated economic zone developed by the company, has signed its first tenant, Trice Chemicals IND. LLC. The UAE-based manufacturer will set up a manufacturing facility in DIP Angola's industrial and logistics hub, marking a significant milestone for the project. Located in Bengo Province, DIP Angola spans 2,000 hectares and includes industrial, commercial, residential, and recreational zones. Omar Al Mesmar of Dubai Investments highlighted the project's progress and its appeal to investors. The development is expected to boost regional manufacturing, create jobs, and enhance Angola's industrial sector. Trice Chemicals' Managing Partner, Prathyush Pradeep, expressed enthusiasm about the facility's potential to enhance regional operations. Strategically located near Luanda, DIP Angola offers connectivity to major transport routes and is anticipated to generate over 3,000 jobs in Phase 1, supporting Angola's industrial growth strategy.

Dubai Investments has partnered with Angola's Sovereign Wealth Fund (FSDEA) to develop large-scale real estate projects in Luanda Province, Angola. The agreement aims to promote modern urbanization and sustainable development, initially focusing on Cazanga Island. Key figures at the signing included Khalid Bin Kalban of Dubai Investments and Armando Manuel of FSDEA. Dubai Investments sees this as an opportunity to expand its international presence and apply its real estate expertise to Angola. The FSDEA will participate through a special purpose vehicle holding land rights, facilitating the transformation of land into sustainable communities. The collaboration is expected to create urban, residential, and tourism projects, enhancing Angola's urban and tourism potential.