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.