Investment Corp | Al Bawaba

Investment Corp latest

ICD is also developing the new Atlantic Hotel and Resort in Sanya city in Hainan Province, China, in cooperation with Kerzner.

September 16th, 2014 - 02:31 GMT

How can a hotel possibly cost this much? UAE to direct sovereign wealth towards $1.5 billion 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 conglomerate, in which sovereign fund Investment Corp of Dubai owns an 11.5 per cent stake, posted a net profit of Dhs805 million ($219.2 million).

August 4th, 2014 - 03:55 GMT

Despite divestments: Dubai Investments' profits more than double

Loan growth picked up further in the second quarter of 2013

July 29th, 2013 - 05:58 GMT

Investment Corp latest

How can a hotel possibly cost this much? UAE to direct sovereign wealth towards $1.5 billion hotel on Palm Jumeirah

Despite divestments: Dubai Investments' profits more than double

UAE banks in healthy second quarter profits