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Sovereign Wealth Funds Briefing - Categorized | Market, Trends

Dubai prepares for the next step

Posted on 01 February 2011

From Thenational.ae: Dubai World is restructured, although the final deals for it and its subsidiary Nakheel have still not been signed, and a phased reorganisation of Dubai Holding’s financial obligations is under way. Now attention is turning to Investment Corporation of Dubai (ICD), the third pillar of the corporate infrastructure known informally as Dubai Inc.
Analysts regard ICD as the most solid of the emirate’s government-related holding companies, backed by valuable cash-generating assets such as Emirates Airline, Dubai Aluminium and the Dubai World Trade Centre……………………………………….Full Article: Source


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