News

Dubai Investments H1 net profit climbs 28%

Dubai Investments reported a 28% year-on-year rise in net profit attributable to shareholders to AED 642.4 million for the first half of 2026, driven by strong performance across its real estate and manufacturing segments.

Profit before tax advanced 29% to AED 702.8 million, while total income grew to AED 2.04 billion from AED 1.89 billion in the same period last year. The real estate segment remained the Group's primary earnings engine, supported by recurring rental income from its income-generating asset portfolio and execution of flagship development projects, while the manufacturing division benefited from improved operational efficiencies.

Total assets reached AED 23.88 billion as of 30 June 2026, up from AED 23.28 billion at year-end 2025, with equity attributable to shareholders at AED 14.49 billion. The Group also completed the acquisition of an 80% stake in Clemenceau Medical Centre Hospital Dubai during the period, reinforcing its healthcare diversification strategy.

Gulf Economist Staff Writer