DIC to hold board meeting on Sunday

Abu Dhabi: Dubai Investments Co. (DIC) is set to hold a meeting in the presence of its board of directors on Sunday at the company’s office premises in Jebel Ali.

The meeting will follow up on the company’s activities, and discuss routine business matters.

On Tuesday, DIC share prices rose 2.24 per cent to reach Dh3.65, and end the day with a total trade value of Dh75.5 million. DIC reported earlier a net profit of Dh805 million for H1 2014 — up 118 per cent over H1 2013.