THE MIDDLE EAST’S
82. Dubai Investments
Country: U.A.E.
Sector: Investments
Vice Chairman and CEO: Khalid Bin Kalban
Market Value: $2.8 billion
Sales: $1.2 billion
Profits: $426 million
Assets: $5.6 billion
Dubai Investments invests in markets worldwide, including real estate, healthcare, education, finance, industrial, and retail. It has more than 34 subsidiaries and associate companies, with 3,500 people. In April 2022, Dubai Investments entered a deal to divest a 50% stake in Emirates District Cooling to Actis at a corporate valuation of $1 billion. In January 2023, the company acquired a 9% equity stake in U.K.-based Monument Bank Limited. The Investment Corporation of Dubai is the major shareholder, with an 11.5% stake.