Press Releases

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16/12/20

Revenues decreased to AED 73.7 Billion for the First Half of 2020 due to the global pandemic

Balance-sheet shows resilience with Assets staying over AED 1 Trillion ICD today announced its consolidated financial results for the six month period ended 30 June 2020 having generated Revenues of AED 73.7 Billion and recognised a Net loss of AED 9.4 Billion as the Covid-19 global crisis significantly affected its operations. Revenues were AED 73.7 …

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20/05/20

Net Profit for the year 2019 increased by 16.9% to AED 25.0 Billion

Assets grew over the AED 1 Trillion mark and reached a record AED 1,121 Billion Investment Corporation of Dubai (ICD) today announced its consolidated financial results for the year ended 31 December 2019 having achieved Revenues of AED 228.0 Billion and a Net Profit of AED 25.0 Billion. Revenues were AED 228.0 Billion, down by …

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19/12/19

Net Profit increased by 4.4% to AED 10.5 Billion in First Half of 2019

Total Assets increased 10.4% to a record AED 971.1 Billion Investment Corporation of Dubai (ICD) today announced its consolidated financial results for the six month period ended 30 June 2019 having achieved Revenues of AED 106.3 Billion and a Net Profit of AED 10.5 Billion. Revenues were AED 106.3 Billion, a 7.7 per cent decrease …

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26/06/19

Principal Investment Arm of the Government of Dubai Grows its Assets by 4.1% to record AED 879.2 Billion

Achieves Record Revenues of AED232.4 Billion, an Increase of 15.7% Investment Corporation of Dubai (ICD) announced its consolidated financial results for the year ended 31 December 2018 achieving record Revenues of AED 232.4 Billion and a Net Profit of AED 21.4 Billion. These results were achieved against a backdrop of higher oil and commodity input …

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18/12/18

Investment Corporation of Dubai Achieves Net Profit of AED 10.0 Billion in First Half of 2018

Portfolio Grows 1.7% to AED 858.9 Billion Investment Corporation of Dubai (ICD) announced its consolidated financial results for the six month period ended 30 June 2018 having achieved Revenues of AED 115.1 Billion and Net Profit of AED 10.0 Billion. Revenue increased to AED 115.1 Billion, rising 23.4 per cent from the comparable prior year …

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12/06/18

Principal Investment Arm of the Government of Dubai Achieves Record Revenues of AED200.9 Billion, an Increase of 13.8%

Assets growth by 9.7% to record AED 844.3 Billion Investment Corporation of Dubai (ICD) announced its consolidated financial results for the year ended 31 December 2017, delivering record Revenues of AED 200.9 Billion and an improved Net Profit of AED 24.6 Billion. Revenues increased to AED 200.9 Billion, an increase of 13.8 per cent from …

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29/11/17

Principal Investment Arm of the Government of Dubai Records Net Profit of AED 10.3 Billion in First Half 2017

PORTFOLIO GROWS TO AED 786.8 BILLION ANNOUNCES EARLY REPAYMENT OF AED 5.5 BILLION OF ICD BORROWINGS Dubai – November 2017 – Investment Corporation of Dubai (ICD) announced its consolidated financial results for the six month period ended 30 June 2017 having achieved Revenues of AED 93.2 Billion and Net Profit of AED 10.3 Billion. Revenues …

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20/07/17

Investment Corporation of Dubai Principal Investment Arm of the Government of Dubai Grows its Portfolio 6.9% to AED 769.9 Billion

Records Annual Net Profit of AED 22.1 Billion Investment Corporation of Dubai (ICD) announced its consolidated financial results for the year ended 31 December 2016 demonstrating robust Revenues of AED 176.3 Billion and a Net Profit of AED 22.1 Billion.  These results were achieved against a backdrop of lower oil and commodity prices, a strong …

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02/02/17

Investment Corporation of Dubai Announces Successful Issuance of $1 Billion Sukuk

The 10-year Sukuk Was 3x Oversubscribed 42% Subscription From International Accounts Based Outside of the Region Investment Corporation of Dubai has successfully completed the issuance of a $1 Billion 10-year sukuk. The sukuk was well received by regional and international investors, generating orders that exceeded $3 Billion. The $1 Billion sukuk will be listed on …

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28/12/16

Investment Corporation of Dubai Records Net Profit of AED 10.3 Billion in First Half 2016

Principal Investment Arm of the Government of Dubai Grows its Portfolio to AED 736.8 Billion Investment Corporation of Dubai (ICD) announced its consolidated financial results for the six month period ended 30 June 2016 showing Revenues of AED 82.5 Billion and a Net Profit of AED 10.3 Billion. These results are achieved against a backdrop …

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28/06/16

Investment Corporation of Dubai Records Annual Net Profit of AED 27.5 Billion

Principal Investment Arm of the Government of Dubai Grows its Portfolio to AED 720.1 Billion Investment Corporation of Dubai announced a rise in its Profit from Continuing Operations for the year ended 31 December 2015 to AED 25.2 Billion, an increase of 12.8 per cent from AED 22.3 Billion recorded in the prior year. Revenues …

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