Tag Archives: Investment Corporation of Dubai

Investment Corporation of Dubai

Investment Corporation of Dubai

Significant turnaround in profitability with a Net Profit for the Year 2021 of AED 10.1Bn

Resilient balance-sheet remains above AED 1 Trillion

Dubai – 31 May 2022 – ICD announced today its consolidated financial results for the year ended 31 December 2021 having generated Revenues of AED 169.4 Billion and reported a Net Profit of AED 10.1 Billion, a significant turnaround from last year as business recovery accelerated.

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President of Costa Rica Explores Business Opportunities with Investment Corporation of Dubai

President of Costa Rica Explores Business Opportunities with Investment Corporation of Dubai

President Carlos Alvarado Quesada of Costa Rica visits Expo 2020

Dubai, December 7th, 2021 – Today, H.E. Carlos Alvarado Quesada, President of the Republic of Costa Rica met with H.E. Mohammed Ibrahim Al Shaibani, Director General of The Ruler’s Court, and Managing Director of Investment Corporation of Dubai, during Expo 2020 Dubai where they discussed business opportunities and shared interests between Costa Rica and Dubai.

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Investment Corporation of Dubai Significantly improved results with a profit of AED 1.4 Billion for the first half of 2021

Investment Corporation of Dubai Significantly improved results with a profit of AED 1.4 Billion for the first half of 2021

Resilient balance-sheet with assets staying over AED 1 Trillion.

Dubai – November 2021 – ICD announced today its consolidated financial results for the six month period ended 30 June 2021 having generated Revenues of AED 75.2 Billion and recognised a Net profit of AED 1.4 Billion, achieving significantly stronger performance than the first half of last year despite the uneven global economic recovery.

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