Tuesday 1 September 2015
 
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ICD

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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ICD acquires stakes in three international hotels

The Investment Corporation of Dubai (ICD), a government-owned wealth fund, has made three new acquisitions in the global hospitality sector. These comprise two in the US being the W Hotel in Washington DC, and a majority stake in the Ma

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ICD to develop $1bn office project in Dubai

Investment Corporation of Dubai (ICD), the state's sovereign wealth fund, has partnered with Canadian property manager Brookfield to build a $1 billion development in the heart of the emirate’s financial district, said a report.

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ICD to boost Dubai Aerospace stake in latest assets shuffle

Investment Corp of Dubai (ICD), which hold stakes in many of the emirate's top companies, expects to complete a deal to increase its stake in Dubai Aerospace Enterprise (DAE) by the end of the year, a top official told Reuters.

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ICD to boost Dubai Aerospace stake in latest assets shuffle

Investment Corp of Dubai (ICD), which hold stakes in many of the emirate's top companies, expects to complete a deal to increase its stake in Dubai Aerospace Enterprise (DAE) by the end of the year, a top official told Reuters.

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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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