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Investment Corporation of Dubai

ICD posts record $84bn revenue for FY2023; net profit up 68pc

Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai, has delivered solid results for the third consecutive year generating record revenues of AED310.2 billion ($84.4 billion) for the FY 2023, up 16% ove

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ICD posts record $84bn revenue for FY2023; net profit up 68pc

Investment Corporation of Dubai (ICD), the principal investment arm of the Government of Dubai, has delivered solid results for the third consecutive year generating record revenues of AED310.2 billion ($84.4 billion) for the FY 2023, up 16% ove

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ICD, Brookfield sells 49pc stake in premium DIFC property

Investment Corporation of Dubai (ICD) and Brookfield Corporation (Brookfield) have announced that they have reached an agreement with Olayan Financing Company and Lunate for the sale of a 49% stake in ICD Brookfield Place (ICDBP), a top-class

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ICD, Brookfield sells 49pc stake in premium DIFC property

Investment Corporation of Dubai (ICD) and Brookfield Corporation (Brookfield) have announced that they have reached an agreement with Olayan Financing Company and Lunate for the sale of a 49% stake in ICD Brookfield Place (ICDBP), a top-class

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Nikken Sekkei celebrates One Za’abeel opening in Dubai

Leading Japanese architectural consulting firm Nikken Sekkei has announced the official opening of its new project, One Za’abeel, whose unique design comprises a twin-tower structure connected by a cantilever skybridge. 

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Alec Group announces Saudi foray with new Riyadh office

Alec Engineering and Contracting (Alec), part of the Investment Corporation of Dubai (ICD), has  opened its first office in Riyadh, Saudi Arabia as part of its regional expansion strategy.   A large construc

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ICD net profit jumps 17pc to $6.81bn in 2019

Investment Corporation of Dubai (ICD) the principal investment arm of the state government with major interests in finance, real estate, construction, utilities, energy, transportation, industrial and leisure sectors, has reported a net profit

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ICD net profit jumps 17pc to $6.81bn in 2019

Investment Corporation of Dubai (ICD) the principal investment arm of the state government with major interests in finance, real estate, construction, utilities, energy, transportation, industrial and leisure sectors, has reported a net profit

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Dubai ICD's 2018 revenue surges 15.7pc to $63bn

Investment Corporation of Dubai (ICD), the principal investment arm of state government, has announced its consolidated financial results for the year ended December 31, 2018, achieving record revenues of Dh232.4 billion ($63.2 billion) and a ne

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Dubai FM group celebrates success of strategic tie-ups

Imdaad, a Dubai-based group of companies that provides integrated and sustainable facilities management (FM) services, recently honoured more than 30 suppliers and partners for their contributions to the company’s outstanding growth and tr

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