By: Amr Adel
Dubai – Mubasher: Dubai Investments is expected to see a 12% growth year-on-year in its profits during the first nine months of 2016, according to the company’s CEO and managing director Khalid Bin Kalban.
The company announced earlier its profits fell to AED 766.8 million ($208.8 million) during the same nine-month period of 2015.
The year-on-year profit rise will be mainly attributed to a company’s diversified investment portofolio, Bin Kalban said on the sidelines of the Dubai Investment Forum 2016.
Translated by: Julian Nabil
