Dubai Investments' 2022 profit soars to Dh1.6b helped by stake sale in Emirates District Cooling
Dubai Investments, the company behind industrial parks and upscale resort projects, has seen its 2022 net profit zoom to Dh1.6 billion compared to Dh619.4 million a year ago. The sharp profit gain came about from selling its controlling stake in Emirates District Cooling, the district cooling firm, for Dh980.42 million….
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