Dubai, UAE – Al Mal Capital PSC, a company regulated by the Securities and Commodities Authorities as a financial services company and a subsidiary of Dubai Investments PJSC, has announced a dividend payout of 2.5% of the share capital for the financial year ended 31st December 2022, to the Company’s shareholders as approved in the Annual General Assembly Meeting.
“Despite the challenging macroeconomic conditions of the past year, Al Mal Capital delivered a strong financial performance, which is reflected in the company's dividend payout strategy. This payout is a testament to the company's unwavering commitment to its investment strategy and its dedication to providing excellent investment solutions. The Company appreciates the continued trust and support of the shareholders and is focussed on staying committed to delivering the best possible returns to the investors and stakeholders, serving them as a trusted partner in their ongoing financial journey’s,” said Naser Al Nabulsi, Vice Chairman and CEO of Al Mal Capital PSC.
Al Mal Capital PSC’s main areas of expertise comprise of corporate advisory, asset management, capital markets, and direct investments and with approximately AED 2.2 billion assets under management, the Company has an impressive track record of effectively managing its clients' assets and is a highly regarded financial services firm.
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About Dubai Investments
Dubai Investments, is one of the leading companies in the United Arab Emirates in the field of investment, listed on the Dubai Financial Market, with more than 16,700 shareholders, with a capital of 4 billion dirhams. Founded in 1995, the company has experienced extensive growth and its diversified portfolio currently includes 35 subsidiaries and joint ventures across 23 sectors. Since its inception, Dubai Investments has distinguished itself in introducing and adopting advanced technologies, pioneering business models, unique investment strategies and innovative concepts, driving progress across key sectors and markets including construction materials, real estate, manufacturing, healthcare, education, and financial investments throughout the United Arab Emirates and the Middle East.
About Al Mal Capital
Al Mal Capital is a diversified, multi-line investment institution, licensed and regulated by the Central Bank of the United Arab Emirates and headquartered in Dubai. The Company commits to uphold the highest levels of service quality, integrity and corporate governance standards, and places a strong emphasis on the company's principles in conducting business. Al Mal Capital offers a wide range of investment products and services for institutions, banks and HNWI’s, encompassing Asset Management, Investment Banking, Direct Investments and Capital Markets.
For more information, please contact:
Padma Vino
Dubai Investments
www.dubaiinvestments.com
