Dubai Investments showcases subsidiaries’ line-up of industrial products and services at Build Libya 2012

Press release
Published May 21st, 2012 - 11:23 GMT

Al Bawaba
Al Bawaba

Dubai Investments PJSC (DI), the largest investment company listed on the Dubai Financial Market, is marking a presence at Build Libya 2012 by showcasing the industrial products and services of its subsidiaries.

The eighth edition of the international tradeshow which started yesterday runs until May 24 at the Tripoli International Fairground. The event features expertise and technology across a broad range of sectors from the international export community that meets the new Libyan government’s goals of rebuilding the country’s infrastructure.

Khalid Kalban, Managing Director and Chief Executive Officer, Dubai Investments, said: “Dubai Investments has been working in Libya through its subsidiaries for several years now. Libya’s redevelopment process offers excellent prospects to leverage our expertise and contribute to the country's trade, infrastructural, and real estate sectors. We hope this exhibition will provide us further opportunities to network with industry majors and government officials to gain significant traction within the rapidly growing market.

“We have been in talks with Libyan officials, but due to the political climate in the region, it wasn't conducive to start new projects. We have now re-started negotiations with them and they are keen to benefit from our experience gained in developing DIP. Our senior managers are currently in Libya to take this synergy forward.”

Masharie, the private equity arm of Dubai Investments, is showcasing companies such as light fixture manufacturer Lite Tech; cable management system pioneer Gulf Metal Craft; multi-service electricity control unit manufacturer Gulf Dynamic Switchgear; sealant manufacturer Anchor Allied; interior design and decoration consultant Gulf Dynamic Services; aluminium extrusions manufacturer Emirates Extrusions; turnkey laboratory furniture manufacturer Labtec, and specialised foundation contractor Stromek.

Emirates Glass, Lumiglass and Emirates Float Glass, part of Glass LLC, the first glass holding company in the Middle East, have brought their expertise to the event.

Dubai Investments Industries', auxiliary manufacturers including Dubai Cranes, Global Pharma and Emirates Building Systems are exhibiting their portfolio of project engineering and consultancy services. Dubai Investments Industries the industry arm of DI is committed to boosting the industrial development in local and regional markets.

Build Libya 2012 is drawing participation of companies from varied sectors such as construction, electricity, lighting, infrastructure, telecommunication, agriculture, food and beverages, as well as general products including plastic and packaging. 

Background Information

Dubai Investments

Dubai Investments PJSC is a leading public joint stock company listed on the Dubai Financial Market with over 16,771 shareholders and a paid-up capital of AED 4 billion. Incorporated in 1995, the Company has grown exponentially with investments in a number of businesses across a number of sectors, ranging from real estate, processing industries, mergers and acquisitions, healthcare, education to financial investments in the UAE and the Middle East. Dubai Investments continues to create positive economic impact and long-term value for its stakeholders by investing in sustainable, growth sectors in markets across the globe.

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