H.H. Sheikh Hamdan bin Rashid praises the strategy of the DUBAL Holding
28 April 2015
H.H. Sheikh Hamdan bin Rashid al Maktoum, Deputy Ruler of Dubai, UAE Minister of Finance, and the chairman of the DUBAL Holding Board, praised the strategy of the DUBAL Holding (DH) and the efforts made for its success, as the company recorded a net profit of AED2.4 billion and had AED16.7 billion of net assets at the end of the year.
This came during the inaugural annual general meeting of the DH chaired by H.H. Sheikh Hamdan bin Rash al Maktoum and attended by Saeed Mohammed Al Tayer, Vice Chairman of the Board of Directors, and Abdulnasser Bin Kalban, Chief Executive Officer.
It is worthy to mention that the Dubal has had a key role in supporting the national economy, and contributing to achieving a brighter future of the UAE in general and Dubai in particular. Also, this year’s profits have exceeded shareholders’ expectations despite challenging global market dynamics.
