Investment Corporation of Dubai Deeply Impacted by COVID-19

Posted on 12/17/2020

The Investment Corporation of Dubai (ICD) was deeply impacted by COVID-19, as its key portfolio sectors of airlines, real estate, and oil and gas, were all materially impacted. For the 6 months ended June 30, 2020, ICD generated revenue of 73,722,641,000 AED vs. revenue of 106,268,837,000 AED from the equivalent period of June 30, 2019. […]

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