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FinancialNews


  • 28-03-16

    Dubai investments for public projects reach USD 0.95bn

    (MENAFN) Dubai Municipality has finished its investment plan for its properties, which carried out by the municipality and other investors to offer public services at USD 0.95bn.

    Moreover, the real value of the investments for 20 investment projects was USD 0.34bn and the return on investment last year was more than USD 28.63mn.

    In addition, investments from the private sector in 27 projects, which are part of the Municipality's properties touched more than USD 0.62bn.

    The return on investment from projects was 6 percent in 2016, with USD 61.10mn, which increased to 6.5 percent in 2014, with USD 62.03mn.

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