Dubai – Mubasher: Dubai Investments (DI) Managing Director and CEO Khalid Bin Kalban has said that the Company is examining a number of investment projects and is at an advanced stage of negotiations. It is likely that DI will reach a final decision about such decisions during the first quarter of 2015, he highlighted, adding that 2014 was a year of sustained growth for DI, in which the firm successfully issued a 5-year Sukuk of $300 million, divested controlling interest in Globalpharma LLC, and divested Phase 8 of the Dubai Investment Park Development Company’s warehouse project.

“We expect this growth momentum to continue in 2015”, he said.

In 2014, DI announced the launch of various key projects such as Mirdif Hills, Fujairah Business Centre, and Green Community Phase III during the year.

DI reported a profit of AED 1.341 billion for FY14, marking a 63% profit surge compared to AED 822.32 million in net profit achieved in 2013.

Net profit for Q4-14 rose by 18.8% to AED 346.79 million compared to AED 291.74 million in the corresponding period of 2013.

DI is listed on the Dubai Financial Market (DFM) and maintains a capital of AED 3.82 billion divided on 3.82 billion shares, at par value AED 1 per share.