Dubai Investments will open King’s College Hospital Dubai in 2018

The company today announced net profit of Dh1.1 billion for 2015 and assets of Dh15.3 billion as of December 31 2015 – an increase of Dh800 million over 2014. Dubai Investments will pay 12% cash dividend to shareholders.

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The company today announced net profit of Dh1.1 billion for 2015 and assets of Dh15.3 billion as of December 31 2015 – an increase of Dh800 million over 2014. Dubai Investments will pay 12% cash dividend to shareholders. Property sector accounted for c. 58% of its assets. Its subsidiary Emirates Extrusion announced production capacity increase by 7,000 tons. Dubai Investments Industries recently announced a new JV in Abu Dhabi with DUBAL Holding and Singapore-based MARS.

The company also entered the healthcare and education sectors in 2015 through Austria-based MODUL University’s first campus in Dubai and in London’s King’s College Hospital, with plans to open the multi-specialty King’s College Hospital Dubai in 2018 and a number of clinics in 2016 and 2017.

The company expects to add c. AED 20 billion in assets over the next five years.