#Investment Corporation of Dubai

Dubai wealth fund ICD’s 2023 profit jumps 68%

Dubai wealth fund ICD posts Dhs60.8bn in full-year profit

The state investor posted a record-high net profit of Dhs60.8bn, buoyed by an increase of Dhs24.6bn from its transportation and banking businesses

Dubai wealth fund ICD posts Dhs28.3bn in half-year profit

Dubai wealth fund ICD posts Dhs28.3bn in half-year profit

The banking and transportation divisions’ respective contributions to the wealth fund’s profit soared by Dhs8.2bn and Dhs7.7bn

Sheikh Mohammed, Vice President and PM of UAE and Ruler of Dubai issues decree to form ICD board courtesy_Dubai Media Office

Dubai: Sheikh Mohammed issues new decree to form ICD board

The Investment Corporation of Dubai is the principal investment arm of the emirate’s government

GCC wealth funds are fueling growth and prosperity

How GCC wealth funds are fuelling growth and prosperity

Sovereign wealth funds in the GCC region continue to increase in number, size, variety and scope

Investment Corporation of Dubai

Investment Corporation of Dubai reports Dhs10.1bn in net profit for 2021

Its revenues for 2021 equalled Dhs169.4bn, up 24.5 per cent compared to the previous year

Dubai’s ICD adds Meydan to portfolio to gain larger property footprint

Meydan’s two main lines of business – real estate and horse-racing – will remain separate

Dubai’s ICD reports 16.9% rise in 2019 profits

Its 2019 revenues dipped 1.9 per cent to Dhs228bn

Revealed: Top 5 most powerful Arabs in finance

The highest ranking entries from the world of finance in Gulf Business’ annual Arab power list 2020