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Sovereign Wealth Funds Briefing - Categorized | Performance

RAK Investment Authority’s 1H ‘10 net profit up 1.5pct

Posted on 26 August 2010

From Zawya Dow Jones: Ras Al Khaimah Investment Authority’s first half net profit rose 1.5% to 128.5 million U.A.E. dirhams ($35 million), from AED126.5 million in the year earlier period.
The authority’s total assets grew to AED7.26 billion at the end of June, compared with AED7.02 billion at the end of Dec, 2009, Rakia said in a statement via the London Stock Exchange’s regulatory news service……………………………………….Full Article: Source


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