The Investment Corporation of Dubai (ICD), the emirate’s sovereign wealth arm, has no current plan to issue a bond this year and will likely pay off a $2 billion loan that is due next year, the fund’s CEO said.
‘ICD at the moment does not have any liquidity requirement,’ Mohammed al-Shaibani told Reuters in an interview on Friday on the sidelines of the Sarajevo Business Forum organised by the fund’s subsidiary in Bosnia………………………………………..Full Article: Source