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Dubai s sovereign wealth fund ICD posts 68 per cent jump in 2023 profit

The Investment Corporation of Dubai, the government's main investment arm, reported a 68 per cent increase in 2023 net profit this week, buoyed by its transportation, banking and financial services assets. ICD, which owns the Emirates airline and holdings in companies such as Dubai lender Emirates NBD (ENBD.DU), Emaar Properties…

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