The rebrand coincides with ICD’s relocation to its new headquarters at One Za’abeel in Dubai
ICD
Latest in ICD
Dubai
Retail giant GMG buys aswaaq from Investment Corporation of Dubai
The buyout will bolster GMG with 11 community malls, 22 supermarkets, and 800 employees
gcc sovereign wealth funds
Dubai’s sovereign fund ICD smashes revenue, reports $4bn H1 profits
Record performance for Dubai investment arm; Revenues up 61% to $32.97bn
Aluminium
DUBAL Holding reports record high net profits of $735 million driven by strong aluminium market
The exceptional 1,145 percent year-on-year growth in net profit resulted from a combination of good operational performance, as well as record profits made by DUBAL Holding’s 50% subsidiary, Emirates Global Aluminium (EGA), due to soaring global prices of aluminium in 2021
Dubai
Dubai wealth fund reports ‘significant turnaround’ in net profit
Investment Corporation of Dubai posts AED1.4bn profit for first six months of 2021
Construction
Video: Ithra Dubai’s One Za’abel project and update on ‘The Link’
In this episode of Construction Week in Focus we turn our attention to Ithra Dubai’s One Za’abeel project – the twin-tower development near Dubai World Trade Centre on Sheikh Zayed Road, whose stakeholders include industry leaders such as ALEC, Mace International, Kerzner International Holdings, and Omnium International, among others.
Dubai
Dubai’s sovereign wealth fund posts record $63bn revenue in 2018
Investment Corporation of Dubai reports 13% fall in net profit despite strong revenue growth in 2018
Abu Dhabi Investment Authority
UAE funds said to be in fray for Indian investment firm deal
Investment Corporation of Dubai and Abu Dhabi Investment Authority linked with Reliance Nippon Life Asset Management Ltd stake sale
Abu Dhabi
Video: The UAE’s largest fuel retailer comes to Dubai
ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced the opening of its first three service stations in Dubai.
ADNOC
Video: ADNOC’s first service station in Dubai
ADNOC Distribution, the UAE’s largest fuel and convenience retailer, has announced the opening of its first three service stations in Dubai.
Dubai
Dubai wealth fund ICD announces six-month net profit of $2.7bn
Investment Corporation of Dubai says revenues boosted by oil and gas and transportation during first six months of 2018
acquisition
Investment Corporation of Dubai posts $6.7bn in 2017 profit
The company’s 2017 net profit represents an 11.6 percent increase from the prior year
ICD
Mayfair private members club to open in $1bn Dubai project
The Arts Club will open its first overseas club in Dubai in 2019 as part of ICD Brookfield Place in DIFC
ICD
One&Only reveals Urban Resorts in One Za’abeel
The project boasts the world’s largest cantilever, known as The Linx and located 100 metres above the ground
ICD
Chief executive of Saudi-based ICD departs
Khaled Al-Aboodi will join the Saudi Agricultural and Livestock Investment Co as managing director
Farming
Dubai fund invests in US farming tech start-up
Investment Corporation of Dubai invests in Indigo Agriculture which aims to help farmers sustainably feed the planet
ICD
Dubai fund leads $30m investment in US tech firm
Investment Corporation of Dubai invests in Nanotronics to develop optical inspection technologies