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2/23/24, 11:39 AM DUBAL Holding's Strategic Acquisitions Fuel a Promising 2023 with …
DUBAL Holding's Strategic Acquisitions

Fuel a Promising 2023 with $490 Million

Profits

Discover how DUBAL Holding achieved a net profit of AED1.79 billion ($490 million) in 2023 through strategic investments,

international acquisitions, and a focus on sustainability. Chairman Saeed Mohammed Al Tayer's leadership paved the way for a year of
success and innovation.

Israel Ojoko
22 Feb 2024 22:07 EST Follow Us
Updated On 23 Feb 2024 01:08 EST

DUBAL Holding's Strategic Acquisitions Fuel a Promising 2023 with $490 Million Profits

Imagine a year that ends with a net profit of AED1.79 billion ($490 million), a year filled with international

acquisitions, strategic expansions, and efficient operational performance.

This is not a mere flight of fancy, but the very real story of DUBAL Holding (DH), the investment arm of the

Dubai Government, in 2023. This state-backed entity, under the leadership of Chairman Saeed Mohammed Al

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