(MENAFN) Dubai Investments said it has recently raised the foreign ownership limit in the company to 35 percent up from 20 percent, according to Arab News.
The company, which is the largest investment company listed on the Dubai Financial Market (DFM), also plans to distribute 7 percent cash dividend and 7 percent bonus shares for 2013.
Sohail Faris Ghanim Al Mazrui, a member of the board of directors, said: "Dubai Investments has registered fast-paced growth over the years with a strategic focus across three industry sectors " property, manufacturing & contracting, and investments, and aims to add value to its diversified portfolio through prudent use of capital and sound management skills."
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