Friday 19 December 2014
 
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ICD

ICD to boost Dubai Aerospace stake in latest assets shuffle

Investment Corp of Dubai (ICD), which hold stakes in many of the emirate's top companies, expects to complete a deal to increase its stake in Dubai Aerospace Enterprise (DAE) by the end of the year, a top official told Reuters.

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ICD to boost Dubai Aerospace stake in latest assets shuffle

Investment Corp of Dubai (ICD), which hold stakes in many of the emirate's top companies, expects to complete a deal to increase its stake in Dubai Aerospace Enterprise (DAE) by the end of the year, a top official told Reuters.

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IDB unit to raise $1.2 billion in Islamic financing

The private sector arm of the Jeddah-based Islamic Development Bank (IDB) plans to tap Islamic capital markets to raise as much as $1.2 billion in long-term funds during its current financial year, its chief executive said. The Is

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Dubai ICD launches firm to manage aluminium assets

Investment Corporation of Dubai (ICD), the emirate's sovereign wealth fund, has launched a new wholly-owned subsidiary - Dubal Holding to look after ICD's 50 per cent share in UAE-based aluminium major Emirates Global Aluminium (EGA).

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ICD mulls key investment in Nigerian cement firm

Investment Corp of Dubai (ICD), the emirate's sovereign wealth fund, said it is exploring further investment opportunities with Nigeria’s largest cement manufacturer Dangote after purchasing a minority stake in the African group last m

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Dubai to develop new $1.5bn luxury hotel on Palm Jumeirah

Investment Corp of Dubai (ICD), the UAE emirate's sovereign wealth fund, will be developing a 800-room luxury hotel on Palm Jumeirah at a cost of $1.5 billion in partnership with Kerzner International Holdings. The 46-storeyed

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Dubai to develop $1.5bn luxury hotel on Palm Jumeirah

Investment Corp of Dubai (ICD), the UAE emirate's sovereign wealth fund, will be developing a 800-room luxury hotel on Palm Jumeirah at a cost of $1.5 billion in partnership with Kerzner International Holdings. The 46-storeyed

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ICD buys $300m stake in Nigerian cement firm

Investment Corp of Dubai (ICD), the emirate's sovereign wealth fund, said it has reached an agreement to purchase a minority stake in Nigeria’s largest cement manufacturer Dangote Cement. Dangote Cement, which is listed

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ICD buys $300m stake in Nigerian cement firm

Investment Corp of Dubai (ICD), the emirate's sovereign wealth fund, said it has reached an agreement to purchase a minority stake in Nigeria’s largest cement manufacturer Dangote Cement. Dangote Cement, which is listed

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Atlantis, The Palm set to refinance $880m loan

Dubai's iconic island resort, Atlantis, The Palm, owned by Investment Corporation of Dubai (ICD) is looking to reprice or refinance an $880 million syndicated loan signed in September 2013, banking sources said. The five-year

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