AED 40m Dubai – Mubasher: Gulf Dynamic Switchgear Co. (GDS) – a wholly-owned subsidiary of Masharee, the investment arm of Dubai Investments (DI) – has received orders for AED 40 million worth of projects in 2015, including a variety of mixed-use, industrial projects, and those in the fields of utilities, oil and gas and infrastructure.

The projects include Ibn Battuta Mall, Emaar Properties’ Boulevard Address, Meraas’ Outlet Village, 2,000 villas in the Emirati housing programme, Mina Plaza and others, according to DI’s bourse filing on Sunday.

Established in 1981, GDC reported a 24% annual growth in 2014.