The Government of Dubai will receive about Dh1.54 billion as dividend for 2008 from six listed companies in which it holds varying percentages of shareholding.
The biggest chunk – more than Dh560 million – has come from Emirates NBD, the country's largest bank by assets, in which the Dubai Government owns 55.6 per cent through the Investment Corporation of Dubai (ICD).
The emirate's government owns equity stakes in several companies listed on the Dubai and Abu Dhabi stock exchanges.
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