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Sovereign Wealth Funds Briefing - Categorized | Performance

Dubai Investments show a profit drop

Posted on 03 May 2011

Dubai investments, one of the largest investment companies listed on the Dubai Financial Market, reported that its first-quarter net profit had taken a sharp drop on lower operating profits and investment losses.
The firm, in which Dubai’s sovereign wealth fund holds a stake, said it saw a net profit of Dhs101.1 million ($27.5 million) for the first three months of the year. That is down from $75.4 million in the corresponding period in 2010……………………………………….Full Article: Source


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