Tuesday 25 April 2017
 
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ICD

Nasdaq Dubai welcomes $1bn ICD sukuk listing

Nasdaq Dubai has welcomed today’s listing of a $1 billion sukuk by the Investment Corporation of Dubai (ICD) on the stock exchange. The listing reinforces Dubai’s position as the world’s largest venue for sukuk l

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ICD six-month profits down 19pc to $2.8bn

Investment Corporation of Dubai (ICD) has announced a net profit of Dh10.3 billion ($2.8 billion) for the six-month period ended June 30, 2016. Revenues for the preiod was Dh82.5 billion, a decrease of 7.8 per cent compared to the

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ICD to implement new Islamic finance model

The Islamic Corporation for the Development of the Private Sector (ICD) has signed an agreement with AlHuda Center of Islamic Banking and Economics (CIBE) to implement its new banking model. The Islamic Corporation for the Develop

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ICD, Brookfield launch $1bn mixed-use project in Dubai

The Investment Corporation of Dubai (ICD), a government-owned wealth fund, and Canada’s Brookfield Property Partners have broken ground on their 53-storey office and hotel tower project worth over $1 billion in Dubai, UAE.

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ICD, Canada group to launch $1bn Dubai tower

The Investment Corporation of Dubai (ICD), a government-owned wealth fund, has partnered with Canada’s Brookfield Asset Management to launch a 50-storey office and hotel tower project worth Dh3.67 billion ($1 billion) in Dubai, UAE, said a

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IDB unit secures $300m Islamic financing

The Islamic Corporation for the Development of the Private Sector (ICD) the private sector arm of the Islamic Development Bank Group (IDB) recently secured a 13-month $300 million Islamic Murabaha financing facility. The facility

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ICD in deal to open ‘Islamic window’ in Chad

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), has signed an agreement with a Chadian-Libyan bank The Banque Commerciale du Chari (BCC) for the establi

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ICD in key deal to develop Mozambique’s private sector

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank Group (IDB), has signed an agreement with the Banco Nacional de Investimento (BNI) to co-operate  in the develop

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Saudi’s ICD to double its capital as pipeline grows

The private sector arm of the Saudi-based Islamic Development Bank group received approval on Thursday to double its capital, as it aims to keep pace with a growing project pipeline ranging from Africa to China. The move will allo

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IDB unit to lead manage $480m Ivory Coast sukuk

The Islamic Corporation for the Development of the Private Sector (ICD), an arm of the Jeddah-based Islamic Development Bank, said it would lead manage a 300 billion CFA franc ($480 million) Islamic bond programme for Ivory Coast.

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