Dubai’s ICD reports Dh36.1b net profits in 2022
By Saifur Rahman Investment Corporation of Dubai (ICD), an investment arm of Dubai Government whose portfolio includes Emirates Airline and Group, FlyDubai, Emirates NBD Bank, Dubai Islamic Bank, Commercial Bank of Dubai, Ithra, Dubai Duty Free and other important assets, reported a 58 percent jump in revenue exceeding Dh267.4 billion (US$72.86 billion) in 2022, up from Dh98 billion (US26.7 billion) in 2021 with a record net profit […]









