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Dubai’s state investor ICD swings to $2.75bln net profit in 2021
Investment Corp. of Dubai, the Dubai government’s main investment arm, reported a net profit of 10.1 billion dirhams ($2.75 billion) for 2021, after a loss of over 15 billion dirhams in 2020, as the economy recovered from the impact of the pandemic and Expo 2020 boosted activity. Revenues were 169.4…
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