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Ithra Dubai LLC is wholly owned by Investment Corporation of Dubai (ICD). ICD, the principal investment arm of the Government of Dubai, was established in May 2006 by decree (11) of 2006 under a mandate to consolidate and manage the Government of Dubai’s portfolio of commercial companies and investments. It also provides strategic oversight ...
Investment Corporation of Dubai overview. Founded in 2006, Investment Corporation of Dubai is a United Arab Emirates-based sovereign wealth fund that is the investment arm of the Government of Dubai working to supervise the Government’s portfolio of investments in commercial activities.
the pandemic has significantly impacted Investment Corporation of Dubai’s activities, which is reflected ) 2020 • ) of Dubai. * ' ' • • • Dubai. and .
Dubai Aerospace Enterprise. Dubai Aerospace Enterprise (“DAE”) established in 2006, is a globally recognised aviation services corporation with two divisions: DAE Capital and DAE Engineering. DAE Capital division has an owned, managed, committed and mandated to manage a fleet of approximately 500 Airbus, ATR and Boeing aircraft with a fleet ...
Nov 23, 2023 · Net profit for the period climbs to $6.12bn boosted by transportation and banking businesses. Investment Corporation of Dubai's first-half revenue jumped 20 per cent annually to Dh145.1 billion. Antonie Robertson / The National. The Investment Corporation of Dubai, the principal investment arm of the emirate’s government, recorded a nearly 86 ...
Transportation. Our Transportation Segment is primarily focused on the aviation industry, an area of key importance to the economy of Dubai. Our portfolio companies, Emirates, dnata, flydubai and DAE continue to consolidate their positions as leaders in their respective aviation sector amidst an extremely volatile and competitive landscape.
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