DI foreign equity cap at 35%
Dubai Investments (DI), one of the largest investment company listed on the Dubai Financial Market (DFM), has raised the foreign ownership limit in the company from the existing 20% to 35%.
Emirates NBD announces first quarter 2014 results
Emirates NBD (DFM: EmiratesNBD), the leading bank in the region, today announced its results for the quarter ended 31 March 2014.
CBD’s first quarter net profit up 16% to AED285m
Commercial Bank of Dubai (CBD) on Wednesday reported a 16% increase in its net profit for the first quarter of 2014 to AED 284.8 million from AED 245.5 million in the first quarter of 2013.