VOICE FROM THE TOP!
Visionary Leadership: Shaping the Future through Pioneering Developments
Dubai Investments (DI) has been at the forefront of pioneering developments in the real estate sector and with a relentless drive for innovation and a strategic approach, the Group has transformed ambitious concepts into tangible realities. The Group’s flagship project, Dubai Investments Park (DIP), is a testament to the vision of transforming concepts into reality and creating vibrant, self-sustained communities that drive economic growth and diversification.
In the late 1990s, when the UAE was on the brink of a transformative era, we at Dubai Investments recognized the immense potential in integrated economic zones. The country's real estate sector was evolving rapidly, encouraged by ambitious infrastructure projects and a strategic shift towards a diversified, global economy. Amidst this dynamic landscape, Dubai Investments envisioned DIP - a pioneering development that would set new benchmarks in the industry.
Dubai Investments Park (DIP) was established in 1997, during a pivotal era for the UAE's real estate sector. The late 1990s and early 2000s were characterized by rapid urbanization and economic liberalization, fueled by ambitious infrastructure projects and foreign investment. The country was transitioning from a traditional, oil-reliant economy to a diversified global business hub, with strategic developments setting the stage for a thriving real estate market. Against this dynamic backdrop, DIP emerged not as just another real estate project but as a revolutionary concept. The vision was to create a comprehensive business park that seamlessly integrated industrial, commercial, and residential zones, setting a new standard for integrated economic zones.
By offering a holistic environment where businesses and communities can flourish, Dubai Investments set a new standard for integrated economic zones with Dubai Investments Park. This success is not just measured in numbers but in the value and opportunities that have been created for the tenants, residents, and the broader economy.
Building on the success of DIP, Dubai Investments has strategically extended its expertise internationally with the DIP Angola project. This initiative replicates our integrated economic zone model in Angola, supporting the country’s economic diversification and industrial growth.
As Dubai Investments looks to the future, the Group remains committed to innovation and sustainable development. The Group is proud of the legacy that has been built with DIP and is excited about the opportunities that lie ahead.
Khalid Bin Kalban
Vice Chairman and CEO, Dubai Investments
INSIGHTFUL STORIES
Dubai Investments Park – Shaping the legacy and creating a dimension of growth and prosperity
Dubai Investments Park’s journey began when Dubai Investments ventured into real estate, foreseeing the vast potential of integrated economic zones in supporting economic growth and diversification.
It was quite impressive to witness the amazing transformation the city was undergoing during that time. Amidst this dynamic backdrop, DIP emerged as a pioneering concept—a comprehensive and self-sustained business park that integrated industrial, commercial, and residential zones. The vision was clear: to create a vibrant, multi-faceted ecosystem that could accommodate diverse business needs while fostering community development. Spanning 2,300 hectares, DIP was strategically located and designed to provide world-class infrastructure, making it an attractive destination for businesses and residents alike.
At its inception, DIP faced the challenge of proving the viability of integrated economic zones in a nascent real estate market. However, the innovative approach quickly gained traction. By offering a holistic environment with cutting-edge logistics facilities, residential complexes, and commercial spaces, DIP demonstrated the benefits of integrated development, contributing to its rapid growth and success.
Over the years, DIP has evolved into a thriving community and spans 23 million m², with a net leasable area of 17.8 million m² with a full 99% occupancy. Hosting over 1,200 leased plots, 5,000+ tenants, and more than 120,000 residents, DIP is divided into three synergistic zones: 63% industrial, 28% residential, and 9% commercial. Dubai Investments Park also features 645 warehouses, factories, and industrial facilities, 300+ residential and staff accommodation buildings, over 25 office buildings, and 18 showrooms. Catering to its residential community, DIP includes 6 schools, 5 operational hotels, 7+ clinics and medical centers, 2 hospitals, and 2 public parks.
The project combines industrial, commercial, and residential zones, fostering a dynamic business environment while creating new opportunities for investment and development. Integrated economic zones like DIP are gaining popularity globally as they offer a seamless blend of business and residential spaces, supporting sustainable economic ecosystems. These zones facilitate industrial growth, enhance supply chain efficiency, and provide comprehensive solutions for businesses and communities, making them integral to the development of growing economies.
Today, Dubai Investments Park stands as a testament to the transformative power of integrated development. As we look to the future, DIP remains committed to adapting and innovating, ensuring it continues to meet the evolving needs of businesses and residents. By maintaining its unique blend of industrial, commercial, and residential spaces, DIP not only retains its appeal as a premier mixed-use development but also reinforces its role as a catalyst for economic prosperity and community well-being.
Omar Al Mesmar
General Manager, Dubai Investments Park
BUSINESS SPOTLIGHTS
- ALL
- NEWS HIGHLIGHTS
- AWARDS & ACHIEVEMENTS
- WELL-BEING & DEVELOPMENT CORNER
- GREEN HUB
12.5% dividend was approved at Dubai Investments AGM
Dubai Investments reported robust Q1 2024 results with Net Profit of AED 119.96 million
Dubai Investments appointed xCube as Liquidity provider
Dubai Investments announced the commencement of construction of DIP Angola, Angola’s first integrated economic zone
Dubai Investments achieved 12% Reduction in electricity use and sourced 25% Energy from alternatives in 2023
Dubai Investments and subsidiaries - Emirates Float Glass, Emirates Glass and Globalpharma participated in the Make it in the Emirates Forum, demonstrating commitment to innovation and collaboration in the emirates' business landscape
Dubai Investments showcased its expertise in building material products by highlighting products in glass, steel and aluminium at the Big 5 Ethiopia
Dubai Investment Real Estate confirmed steady construction progress on the Danah Bay project on Al Marjan Island in Ras Al Khaimah
Dubai Investment Real Estate conducted a series of Broker Breakfast events for Violet Tower project, fostering collaboration and engagement with brokers
Mirdif Hills Avenue announced the opening of Al Madra, a new and attractive restaurant
Emirates Building Systems has secured landmark projects worth AED 225 million
Emirates Building Systems confirmed the successful delivery of 30,000 m2 PEB warehouse in Dubai Industrial City
Emirates Building Systems provided steel structures for Dubai's 82 Floors Tower, set to be the Middle East's tallest at 345m with over 1,700 units
Emirates Building Systems awarded new 50,000 m2 Furniture Factory Project for Sobha Group in Dubai
Al Mal Capital REIT announced the completion of the significant rights issue and the forthcoming acquisition of further assets to diversify portfolio
Al Mal Capital REIT released its Annual Report for the year ended 31 December 2023
Saudi American Glass ensured safety with new balustrades at Avenues Mall in KSA in Partnership with Nesma Holding
Saudi American Glass provided variety of glass projects to notable projects like Al Rashid Mall, Jawharat Mall, Dr. Sulaiman Al Habib Hospital Jeddah, Delta Marriott Jeddah, King Khalid International Airport, Jawhara Mall Jeddah, and the KEC HUB Mall in Madinah
Emirates Float Glass coating facility in Dubai achieved significant milestone in coater production
Emirates Glass introduced digital printed glass production with Tecglass’s Vitro-Jet FS jumbo line in the UAE market
Emirates Glass partnered with iGlass Services Ltd to introduce top-tier glass products to the UK and Ireland
Emirates Glass excelled at Zak World of Facades event in Dubai, UAE
Emirates Glass delivered premium glass solutions for Emaar's iconic projects including Address Residences, IL Primo, Golf Suites, and Palace Residences at Dubai Creek Harbour
Emicool signed MOU with The Ministry of Energy Infrastructure to advance sustainable cooling solutions in the UAE
Globalpharma hosted TAMER’s, a prominent Saudi company partnering with leading global firms, management team to meet with Mr. Mohamed Al Raqbani, Dr. Basem Albarahmeh, and Dr. Ahmed Kasem with discussions focused on future plans and collaborations to strengthen partnership
Globalpharma achieved a growth of 19% in the UAE and 36% in KSA on a MAT (Moving Annual Total) and have increased market share in the Therapeutic Area by 13.0%, while maintaining a strong position in KSA with a market share of 6.1%
Globalpharma published its 5th edition of GMP Trend Bulletin covering the latest pharma news, topics, and guideline update from Quality across the Globe
Globalpharma has achieved the regulatory approval of 8 new products in the UAE marking a significant milestone in expanding product portfolio
Globalpharma has announced the approval of the tech-transfer variation for Emilok 20 mg Capsules (Omeprazole 20 mg) in the Bahrain market by NHRA National Health Regulatory Authority
Globalpharma has achieved regulatory approval for the advance packs of Emicipro 500 FCT and Glomox 500 Caps in Saudi Arabia
Globalpharma has successfully launched its Regulatory Management System (RMS) streamlining compliance and regulatory processes to enhance operational efficiency
Globalpharma attended the 9th GCC Regulatory Affairs Pharma Summit 2024
Globalpharma submitted the Corrective and Preventive Actions report in coordination with the Artificial Intelligence team
Al Taif Business Center announced the opening of Sparky’s Jump – a trampoline park at Al Taif Mall
Dubai Investments was listed among the Top 100 listed companies for 2024 by Forbes Middle East
Globalpharma awarded with ISO certification for three standards: 9001:2015, 14001:2015, and 45001:2018, recognizing its commitment to quality, environmental management, and occupational health and safety
Dubai Investments & subsidiaries celebrated the holy month of Ramadan with Iftars
DI hosted the YLP (Young Leaders Program) and concluded it with a memorable closing ceremony, celebrating the achievements and growth of its participants
Dubai Investments HR team introduced the Novitas Teleconsultation session for convenient and remote medical access
Dubai Investments HR team organised Cultural Day for all employees highlighting the rich cultural tapestry the workforce, featuring traditional attire from various countries, unique traditional music, and designated areas displaying photos, arts, crafts and food.
The DI HR team recently hosted an engaging session focused on enhancing workplace morale and productivity through effective leadership.
The DI HR team organised a Basic & Intermediate Excel training to boost skills with quick and effective techniques
Dubai Investments HR Team organised a burnout prevention webinar, in recognition of early signs to develop strategies for nervous system care, and connect with purpose & mindfulness to combat exhaustion
Dubai Investments HR Team organised a session to master the art of sales and leasing with a comprehensive training program where employees learnt world-class strategies from leading real estate firms to elevate skills and drive industry excellence.
Dubai Investments HR team arranged basic health and eye check-ups in partnership with Mercer Marsh Benefits, Canadian Specialty Hospital, Myo Medical & Dental Clinic, and Max Vision
Dubai Investments HR Team organised a town hall, announced DI Star for the Group and subsidiary companies and shared updates on the company’s latest developments and expressed gratitude for the hard work and dedication of all employees throughout Q1 2024
Dubai Investments participated in the Emirates Forum National Service Career Fair, showcasing opportunities, and engaging with talent to explore future career prospects
Globalpharma celebrated Quality Day with the theme "Quality: Realizing Your Competitive Potential” and featured activities such as Quality Talks, poster displays, brainstorming sessions, quality improvement ideas, and an inter-department quiz
Globalpharma organized a communal Iftar for seniors at the Happiness Center, fostering joy and togetherness among UAE's senior citizens
Globalpharma arranged an internship program for students from the American University throughout May, providing hands-on experience and industry insights
Globalpharma hosted 25 leading pharmacists for a training session in Ras Al Khaimah, conducted by a Key Opinion Leader
Globalpharma hosted 25 top cardiologists and internal medicine specialists for a session in Ras Al Khaimah, conducted by Key Opinion Leaders focused on updates in the management of high-risk patients
Globalpharma sponsored the Abu Dhabi Cardiology Forum in collaboration with the Emirates Cardiac Society in Abu Dhabi and provided a platform to showcase Cardio-Vascular Portfolio, highlighting the newly launched product – RUSET
Globalpharma partnered with Al Sharq Hospital in Fujairah and showcased its Cardio-Vascular Portfolio, with a special focus on the newly launched product, RUSET - a medication used to lower cholesterol and triglycerides in the blood
Globalpharma sponsored the Paedia CME Forum in collaboration with Al Zahra Hospital and provided an opportunity to showcase its Paedia Portfolio
Globalpharma organized a training session on "Quality by Design" for Industrial Affairs employees emphasizing flexibility in process optimization
Globalpharma organized team building activities facilitated by external providers to strengthen team collaboration and synergy
Al Mujama hosted fun days for Mirdif Hills and Ritaj communities
Al Mujama sponsored staff kids' scuba adventure and senior manager Beverley Goettling joins as the PADI (Professional Association of Diving Instructors) Rescue Master Diver
Emirates Glass completed a transformative "Management Essentials" training program focused on building positive team relationships, inspiring engagement and boosting productivity
Emirates Glass hosted knowledge-sharing session for new joinees at Oryx Doors and Windows, a leading global door and window installation company, highlighting Emirates Glass expertise in the sector
DIP hosted a special event and honored its incredible workforce for all the support extended in mitigating the Dubai rain related concerns
Al Taif Business Centre celebrated Eid Al Adha event in Al Taif Mall with kids activities, magic and dance show and a zoo petting activity for kids and families
Emicool boosted teamwork with Lego-Themed Design Thinking Workshops
Emicool's business excellence team hosted a knowledge-enhancing Trivia event
Emicool encouraged Future Engineers by sponsoring & technically supporting school students to participate in F1
Emicool conducted wellness events for Mental Health awareness month
Emicool organized Firefighting & First-aid training for employees, promoting behavior-based safety culture
Emicool showcased commitment to Health & Safety with scaffolding & dismantling training at Dubai Police Academy
Emicool aligned its Anti-bribery & Whistleblowing Policies with local and international laws and conducted an extensive & engaging training session for all employees
Emicool launched “Top 2 Performers of the Month" recognition program within the Customer Service Team
Techsource implemented advanced technology to enhance working conditions and efficiency
DI honored World Environment Day with initiatives aimed at promoting sustainability and environmental stewardship
Emirates Float Glass hosted the 3rd Energy Efficiency Club program by Abu Dhabi Distribution Company, reinforcing commitment to sustainability in manufacturing
Globalpharma was among the top three finalists for the Sustainability Manufacturing Award at the Make it in the Emirates event at Abu Dhabi Energy Centre by the UAE Ministry of Industry & Advanced Technology.
MARKETING BUZZ
Insights about the Company’s Q1 2024 performance
In the interview with Al Arabiya and CNBC Arabia, Khalid Bin Kalban, Vice Chairman and CEO, Dubai Investments shares insights about the Company’s Q1 2024 performance and shares updates on the Company’s future plans.
Dubai Investments appointing Xcube as a liquidity provider
The news about Dubai Investments appointing Xcube as a liquidity provider was covered on the economic bulletin "Tadawoul” on Dubai TV and Sama Dubai.
DIP Angola ground-breaking event in Angola
In line with the DIP Angola ground-breaking event in Angola, Omar Al Mesmar, GM of Dubai Investments Park, spoke to the Angolan media about the project and its impact on the Angolan economy and was widely across all Angolan media.
MARKET PULSE
Hamdan bin Mohammed approves Dubai Quality of Life Strategy 2033
Under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of The Executive Council of Dubai, approved the “Dubai Quality of Life Strategy 2033”, a visionary strategy ...
UAE economy set for more growth in the second half of this year
The UAE economy is set for more growth in the second half of this year, achieving qualitative leaps and exceptional accomplishments thanks to a stable investment and economic environment capable of continuing to prosper despite global economic uncertainties
Dubai targets $177bn foreign direct investment by 2033; major plan to develop areas near Metro stations
Dubai aims to attract AED650bn ($177bn) in FDI by 2033 and is offering major incentives to businesses, according to the Executive Council.
New Dubai property platform Shard allows up to 8 investors to 'co-own' a home
A new co-ownership investment platform Shard has plans to extend its scope to the other emirates too. Shard is promising a ‘1/8 ownership’ and with the investors' names on the title deed.