Press releases, Reports & Disclosures for Dubai Investments PJSC

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.

Emirates Glass, a subsidiary of Dubai Investments PJSC, has entered a five-year agreement with ClearVue Technologies Limited to produce solar glazing solutions in the UAE and GCC. This partnership will allow Emirates Glass to manufacture and distribute ClearVue's solar-integrated glass, which generates electricity from sunlight while maintaining clarity and insulation. The agreement supports the growing demand for sustainable building materials in the region, suitable for various building applications. The collaboration aligns with the UAE's sustainability goals, including the Net Zero by 2050 initiative, and enhances both companies' positions in the renewable energy and glass manufacturing sectors.

Dubai Investments, through its subsidiary Globalpharma, has signed a Memorandum of Understanding (MoU) with Angola’s Ministry of Health to establish a pharmaceutical manufacturing facility in DIP Angola. This agreement, signed during a UAE delegation visit to Angola, aims to enhance bilateral relations and promote local medicine production. The initiative is expected to create jobs, boost healthcare self-sufficiency, and reduce reliance on imported medical products in Angola. The MoU was signed by Khalid Bin Kalban, CEO of Dubai Investments, and Dr. Nídia da Silva Jorge Saiundo from Angola’s Ministry of Health. The collaboration is part of a broader strategy to foster sustainable healthcare development and economic growth in Angola, with Globalpharma leveraging its expertise in producing high-quality medicines. Angola’s Ministry of Health will support the project by coordinating with government bodies for necessary approvals.

Dubai Investments reported a profit before tax of AED 546.28 million for the first half of 2025, an increase from AED 431.68 million in the same period the previous year. For the second quarter of 2025, the profit before tax was AED 361.39 million, up from AED 309.34 million in 2024. This growth was driven by strong performances in the real estate and manufacturing sectors. The company's total assets rose to AED 22.74 billion by June 30, 2025, while equity attributable to owners decreased slightly to AED 13.89 billion. Total income for the period was AED 1.89 billion, down from AED 2.03 billion the previous year. Khalid Bin Kalban, Vice Chairman and CEO, highlighted the strength of the company's diversified portfolio and strategic focus. Looking ahead, Dubai Investments plans to accelerate growth in real estate and financial services, with ongoing projects like Asayel Avenue and Danah Bay progressing steadily. The company also plans to expand its income-generating platforms through initiatives like the Follow-On Public Offering of Al Mal Capital REIT. Dubai Investments aims to enhance shareholder value and deliver long-term sustainable returns.

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