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Dubai wealth fund ICD posts Dhs60.8bn in full-year profit

Dubai fund ICD posted a record-high net profit of Dhs60.8bn, buoyed by an increase of Dhs24.6bn from its transportation and banking businesses.

Dubai
Dubayy
United-arab-emirates
Christopher-pike-getty
Mohammed-al-maktoum
Mohammed-ibrahim-al-shaibani
Investment-corporation-of-dubai
Emaar-properties
Council-of-dubai
Dubai-taxi-company
Emirates-group
Emirates-national-oil-company

Mubadala's asset under management rise to $302bn

Abu Dhabi wealth fund Mubadala reported proceeds of Dhs99bn in 2023, which includes divestments of certain legacy assets and capital recycling.

United-states
Abu-dhabi
Abuz-aby
United-arab-emirates
America
Christopher-pike-getty
Abu-dhabi-investment-authority
Mubadala-investment-company
Investment-company
Abu-dhabi-investment
North-america

Dubai regulator DFSA posts 25% increase in licencing in 2023

Dubai regulator DFSA posts 25% increase in licencing in 2023
gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.

Dubai
Dubayy
United-arab-emirates
Christopher-pike-getty
Fadel-al-ali
Dubai-international-financial-centre
Dubai-financial-services-authority
Threat-intelligence-platform

Spinneys' shares surge above 11% on trading debut

Spinneys' shares surge above 11% on trading debut
gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.

Jeddah
Makkah
Saudi-arabia
United-states
Riyadh
Ar-riya
Woman
America
Al-bwardy
Christopher-pike-getty
Franklin-templeton
Emirates-international-investment-company

Presight acquires 51% stake in G42, ADNOC joint venture

ADNOC will take a 4 per cent stake in Presight currently owned by G42, in exchange for 11 per cent of its shareholding in AIQ.

Abu-dhabi
Abuz-aby
United-arab-emirates
Peng-xiao
Christopher-pike-getty
Presight-ai-holding
Abu-dhabi-government-backed
Abu-dhabi-backed

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