22/10/2013 08:55 AST
Dubai Investments PJSC – the largest investment company listed on Dubai Financial Market [DFM], has pointed out that its pioneering business models across diversified sectors have achieved healthy growth with a steady demand from new businesses entering the market and renewed confidence amongst the existing players.
With its subsidiaries, DI has registered fast-paced growth across four focus industry sectors – investments, processing industries, mergers & acquisitions and real estate management. The group owns and manages more than 40 subsidiaries and joint ventures, with a prominent presence in the local and regional markets.
In the manufacturing sector, DI created the first-of-its-kind glass holding company in the region with Glass LLC, comprising subsidiaries – Emirates Glass, Lumiglass, Saudi American Glass and Emirates Float Glass. Today, Glass LLC is one of the top players in the region and leading glass manufacturers in the region, providing premium quality glass solutions to various industries.
Catering to both domestic and international markets, the production capacity of Emirates Glass is approximately 3.5 million square metres per annum, while Saudi American Glass produces more than 3 million square metres in a year. The production capacity of Lumiglass is 216,000 square metres in flat lamination and 2400 sets of bullet resistant annually, while Emirates Float Glass production capacity is approximately 219,000 tonnes per annum.
Another DI pioneering unit – Dubai Investments Industries [DII] currently operates eight subsidiaries – Globalpharma, Marmum Dairy Farm, Emirates Building Systems, Edible Oil Company, United Sales Partners, Emirates Extruded Polystyrene, Dubai Cranes & Technical Services and Techsource.
While Marmum is among the leading dairy brands in the UAE, Globalpharma has fast emerged as a quality-centric and reliable player in the MEA pharmaceutical market, which manufactures and markets pharma products in more than 20 countries across the Middle East, Africa and Far East. As one of the leading players, Globalpharma distributes about 30 per cent of its production within the UAE and 70 per cent in other countries.
DI’s subsidiary Masharie LLC currently operates 12 distinct investment companies focusing on mergers and acquisitions through strategic equity partnerships. Operating in a number of businesses, Masharie companies include Emirates Extrusion, International Rubber Company, Drive Dubai, Emirates Thermostone, Folcra Beach Industrial Company, Gulf Dynamic Switchgear, Gulf Metal Craft, Labtec, White Aluminum Extrusion LLC, Lite Tech & Techno Rubber.
Click here to read complete press release
Press Release
Please wait...
