31.07.2009 - Dubai Investments sees weaker 2009 profit
From Khaleejtimes.com: Dubai Investments Co., which reported a 46 per cent drop in quarterly profits on Thursday, sees weaker 2009 profits and another tough year ahead as the Gulf property slump hammers the UAE firm’s main segment, its Chief Executive Officer said. Khalid bin Kalban said the holding company would sacrifice profitability to keep a good liquidity position, both to protect itself against defaults by mortgage owners and to be ready for acquisitions..........Full Article: Source