(MENAFN) Net profit of Dubai Holding Commercial Operations Group (DHCOG), Dubai Holding"s business group, reached more than USD898 million in 2013, according to Gulf News
The group could post 178 percent rise in 2013 compared to 2012
Mohammad Abdulla Al Gergawi, Dubai Holding"s Chairman, said: "Dubai"s economy is enjoying renewed business confidence across many of its core market segments and Dubai Holding"s businesses are playing an important role in driving that market sentiment as well as benefiting from it.
Its revenue boosted by 27 percent to reach USD3.157 billion, with recurring revenues reaching USD1.87 billion, up 10.7 percent
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