| From Reuters: UAE conglomerate Dubai Investments, in which the emirate's sovereign wealth fund Investment Corporation of Dubai has a stake, reported a 36 percent drop in its fourth-quarter profit, as revenues for 2010 fell as the local economy remained weak after the burst of the asset bubble two years ago.
Dubai Investments, which is involved in sectors from real estate to manufacturing, said its profit for 2010 was 804.9 million dirhams ($219.2 million)...........................................Full Article: Source
|