Dubai – Mubasher: Dubai Investments has confirmed the conclusion of an acquisition deal in the education sector, which will be executed through Al Mal Capital REIT.
Dubai Investments owns a 76.8% stake in Al Mal Capital REIT, according to a bourse filing on Thursday.
The company also announced an exit deal, which is still in the negotiation stage.
It is noteworthy to mention that during the first nine months of 2021, the company reported a 9% increase in net profits attributable to the owners to AED 455.6 million, compared to AED 418.069 million in the year-ago period.
