Financial Results
Sovereign wealth
Trading, Broking & Stock Exchanges
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Dubai sovereign wealth fund records 23% uptick in first half revenue
The Investment Corporation of Dubai, the emirate’s sovereign wealth fund, reported a 23.4 per cent increase in first half revenue to Dh115.1 billion mainly thanks to higher income from the oil and gas sector. Net profit dropped 3 per cent in the first half to Dh10bn as higher income from…
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