DIVERSIFICATION IS THE CORNERSTONE OF DI'S SUCCESS

A successful diversification and divestment strategy has helped Dubai Investments consistently post profit and generate good returns for its shareholders

- By Priya Mathew Head of Content - Reach by Gulf News

When Dubai Investments (DI) was set up in 1995 as a one-of-a-kind investment company, its mandate was clear - create business and investment opportunities for UAE nationals.

Pursuing this goal over the past 30 years, it has grown into a Dh22.1-billion conglomerate with more than 30 subsidiaries and associate companies, having a finger in every pie and fuelling the country's economy.

From real estate and manufacturing to financial services, healthcare and education, DI scoured through diverse sectors for business opportunities and exploited their potential to consistently deliver strong financial performances and sustainable growth.

For the fiscal year ending December 31, 2024, the company recorded a net profit before tax of Dh1.3 billion, a 21 per cent increase over the previous year. During its 30-year journey, it has registered a total profit of Dh19.2 billion and distributed cash dividends and bonus shares to the tune of Dh8.4 billion to its 15,956 shareholders.

Khalid Bin Kalban, Vice Chairman and CEO of DI, attributes this success primarily to its well-defined diversification strategy. "Diversification has been the cornerstone of DI's success, transforming it from a single-sector entity into a powerhouse with interests spanning real estate, manufacturing, healthcare, and financial services," he explains. "From the outset, the group's vision was to build a sustainable business model that could withstand market fluctuations while continuously unlocking long-term value for stakeholders."

A DIVERSIFIED PORTFOLIO