The Investment Corporation of Dubai is a sovereign wealth fund of the Government of Dubai established in 2006, with a mandate to invest funds on behalf of the Government of Dubai, and manage their portfolio of investment companies. At 2022, ICD reported assets worth US$305 billion and revenue of $62 billion. ICD was set up on 3 May 2006 under Emiri decree 11 of 2006 issued by Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates (UAE), and ruler of the Emirate of Dubai. More information...
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