Friday 28 November 2014
 
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ICD

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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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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Dubai, Korea ink tie-up for global investments

Investment Corporation of Dubai (ICD), the sovereign wealth fund of the Emirate, and the Export-Import Bank of Korea (Kexim) have agreed to form an alliance to explore international investment and export prospects. Investment Corp

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