Press releases, Reports & Disclosures for Dubai Investments PJSC

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: Press release regarding financial results for the 3rd QTR of 2024

Dubai Investments PJSC reported a net profit after tax of AED 650.51 million for the nine-month period ending September 30, 2024, and AED 241.31 million for the three-month period ending the same date. This represents an 80% and 78% increase, respectively, compared to the previous year when adjusted for a one-off gain. The company's total assets grew to AED 21.81 billion as of September 30, 2024, from AED 21.44 billion at the end of 2023, with equity attributable to shareholders rising to AED 13.58 billion. Khalid Bin Kalban, Vice Chairman and CEO, highlighted the group's strategic focus on sustainable growth and diversification, noting strong performance in the real estate sector and investment portfolio.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: Financial statements for the 3rd QTR of 2024

Dubai Investments PJSC and its subsidiaries have released their condensed consolidated interim financial statements for the nine-month period ending on September 30, 2024.

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Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: BOD meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: Press release regarding financial results for the 2nd QTR of 2024

Dubai Investments reported a net profit after tax attributable to shareholders of AED 289.24 million for Q2 2024, a 78% increase from the previous year when adjusted for one-off gains. For the first half of 2024, the net profit was AED 409.20 million, an 83% increase on the same basis. The Group's total assets rose to AED 21.82 billion, while equity attributable to owners slightly decreased to AED 13.34 billion. Key highlights include the progress on the Danah Bay project, the launch of Violet Tower, and the acquisition of Carnation Education LLC by Al Mal Capital REIT. The Vice Chairman and CEO, Khalid Bin Kalban, attributed the strong performance to effective business strategies and a robust property sector. The Group remains optimistic about maintaining its performance and expanding its investment footprint.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: Financial statements for the 2nd QTR of 2024

Dubai Investments PJSC and its subsidiaries have released their condensed consolidated interim financial statements for the six-month period ending on June 30, 2024.

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: Results of BOD Meeting

1. Attached Document

Dubai Financial Market News

Dubai Financial Market News

News Update From Dubai Investments PJSC

Disclosure: BOD meeting

1. Attached Document

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