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Sovereign Wealth Funds Briefing - Categorized | Investment, Market

Investment Corporation of Dubai completes acquisition of National Bonds Corporation

Posted on 10 March 2011

From Ameinfo.com: The Investment Corporation of Dubai (ICD) has completed full acquisition of National Bonds Corporation PJSC, the leading Shari’a-compliant saving scheme in the UAE. A new five member board of directors has also been appointed by ICD.
The move gives ICD 100% ownership of National Bonds, by acquiring the remaining 50% of shares from its previous local shareholders……………………………………….Full Article: Source


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