Twelve companies, which are wholly owned by the government of Dubai, earned a net profit of 61.2 billion dirhams in 2024.
This data was published in a new report that provides an overview of the results and financial sustainability of companies controlled by the Dubai government. According to the report, these companies achieved notable growth in their profitability in 2024.
Among the highlighted companies were major organizations such as ... (quote from the report).
Government representatives expressed satisfaction with the results and emphasized the importance of financial diversification and sustainability to support economic growth and regional development.
