Dubai-Mubasher: Dubai-listed Dubai Investments is expected to generate net profits of AED 1.1 billion in 2015, said the company’s CEO and Managing Director Khalid Bin Kalban.

Bin Kalban added that the company is expected to post net profits in 2015 higher than the AED 1.3 billion profits achieved in 2014.

HE went on to say that the company owned assets reached AED 15 billion in 2014, compared to AED 12.62 billion in 2013.

Dubai Investments plans to exit one of its subsidiaries, generating an expected capital gain worth AED 170 million.