Monday 21 April 2014
 
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ICD

Dubai ICD buys into top hotel management firm

Investment Corp of Dubai (ICD), the emirate's sovereign wealth fund, said it has completed the purchase of a significant equity interest in the leading international developer and operator of destination resorts and luxury hotels, Kerzner In

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Dubai ICD buys into top hotel management firm

Investment Corp of Dubai (ICD), the emirate's sovereign wealth fund, said it has completed the purchase of a significant equity interest in the leading international developer and operator of destination resorts and luxury hotels, Kerzner In

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Dubai Investments to lift foreign ownership cap

Dubai Investments, a diversified manufacturer and investor in property, plans to increase the limit on foreign ownership of its shares to 35 percent of its total capital, the company said on Sunday. Foreign investors now hold 13.7

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Dubai Investments profits up 150pc

Dubai investments expects to make a profit of around 800 million dirhams ($217.8 million) in 2013, a company statement said on Thursday, confirming local media reports. Khalid bin Kalban, the company's chief executive, had tol

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Dubai fund ICD signs upsized $2.55bn loan

Investment Corp of Dubai (ICD), the holding company for some of the emirate's best-known companies, has signed an upsized $2.55 billion, five-year loan facility, it said in a statement on Monday.

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GFF to honour veteran Mohammed Jaber

  The Gulf Film Festival (GFF) 2013 will honour Kuwaiti stage and film actor, writer and arts administrator Mohammed Jaber, a fixture of the artistic scene in Kuwait and the wider GCC for over 50 years.   

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Dubai's ICD launches $2bn loan refinancing

  Investment Corporation of Dubai (ICD) said on Monday it has launched syndication of $2 billion conventional and Islamic financing facilities to refinance a $2 billion loan due to mature in August.  

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Dubai ICD in talks over first Islamic bond

Dubai's flagship investment vehicle is in talks with banks to launch its first Islamic bond, three sources with knowledge of the matter said, tapping improved sentiment towards the emirate in a bid to diversify its funding sources.

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Dubai ICD begins talks on $2bn loan

Investment Corporation of Dubai (ICD), the emirate's flagship investment vehicle, has begun talks with banks over a $2 billion loan it is scheduled to repay in August, with refinancing the most likely option, four banking sources told Reuter

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ICD plans new finance company launch

The Islamic Corporation for the Development of the Private Sector (ICD) recently hosted a meeting with shareholders for a new national home finance company being launched under the brand name of Bidaya. The meeting was held at ICD

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