Dubai-Mubasher: The structuring of Dubai Investments’ funds is not yet finalised, according to a statement issued on Wednesday.

The launching of the company’s two funds is expected to be later in 2016, Dubai Investments added as a clarification of the news recently issued.

“The impact of earnings cannot be quantified at this stage, as the terms have not yet been agreed upon,” the statement added.

Dubai Investments’ stock rose by 2% to AED 2.04 by 10:20 am UAE time on Wednesday, as 5.1 million shares were traded at a value of AED 10.4 million