Dubai – Mubasher: Dubai Investments Company (DIC) on Tuesday announced that it has appointed Abdulaziz Bin Yagub Al Serkal as the CEO of Building Materials Platform.
This platform covers a portfolio of subsidiaries which offer a comprehensive range of products and services in the construction sector, the diversified Dubai-based investment group said in a statement to the Dubai Financial Market (DFM).
“The Building Materials subsidiaries bring expertise in a number of areas in the construction process including solar technologies, glass, aluminum, steel structures, polystyrene insulation and more,” the statement added.
In the first nine months of 2018, DIC's profits shrank to AED 669.019 million from AED 794.63 million in the same period a year earlier.
By 10:02 am UAE time, DIC’s stock declined 3.05% at AED 1.27.