Investment Corp of Dubai reports steady H1 net profit:
"Investment Corporation of Dubai’s (ICD) first-half net profit rose 0.3 percent to 10.3 billion dirhams ($2.8 billion), the Dubai government’s main investment arm said on Wednesday.
ICD benefited from higher commodity prices and continued strength in banking and financial services, it said in a statement.
ICD, whose portfolio includes stakes in companies such as Emirates Airline and Emirates NBD, registered a 13.1 percent rise in revenue to 93.2 billion dirhams."
'via Blog this'
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