Friday 29 March 2024
 
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Investment Corp of Dubai

Investment Corp of Dubai H1 profit hits $2.8bn

Investment Corporation of Dubai (ICD) has announced its consolidated financial results for the six month period ended 30 June 2017 having achieved revenues of Dh93.2 billion ($25.3 billion) and net profit of Dh10.3 billion ($2.8 billion).

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Dubai ICD debut sukuk issue raises $1bn

Investment Corp of Dubai (ICD), the emirate's sovereign wealth fund, said it has successfully priced a dual tranche issue of $1 billion in total through a six year $700 million sukuk and a 10-year $300 million conventional bond.

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