Dubai Investments Industries (DII) divested 100% stake in Edible Oil Company Dubai (EOCD)

Dubai Investments Industries (DII) divested its 100% stake in the Edible Oil Company Dubai (EOCD). The successful signing of the share transfer agreement concluded more than a decade long joint management agreement signed in 2011 to manage the successful running and operations of the EOCD plant in Dubai by AGI.

Company’s divestment in EOCD is in line with the ongoing progress in portfolio transformation with a clear focus on enhancing investments in specific sectors.