Lunate and Olayan Financing Company will each possess a 24.5 per cent equity interest in ICD Brookfield Place
The fund is chaired by Sheikh Hamdan bin Mohammed Al Maktoum, Crown Prince and Chairman of The Executive Council of Dubai
The wealth fund said its banking and financial services division, the largest contributor in 2022, generated Dhs15.3bn in net profit
The funds will support the brand’s expansion in India and the Middle East with plans to launch in Saudi Arabia