Dubai's DIC to double assets to $25bn
United Arab Emirates: Tuesday, May 20 - 2008 at 14:06
Dubai International Capital, an investment agency owned by the ruler of Dubai, plans to double its assets under management over the next two years to $25bn, reported Reuters. The company made numerous investments last year, including $4bn by its private equity arm in three European companies.
Also consider reading:
- » ME set for long-term growth
- » Abu Dhabi DoF unveils five-year plan
- » Families dominate board rooms in GCC companies
- » GIH lists $1.15bn issue on London bourse
- » Carlyle may sell more shares to ME investors
- » UAE markets end lower
- » Hedge funds to increase ME allocation
- » Qatar enjoys 'boom town' economics
- » UAE and Libya form $600m investment firm
- » UAE markets dip again
Index : Finance and Economy
Browse related articles
Browse related articlesToday's most read articles:
Most read articles the past week:
Jeff Florian, Senior ReporterTuesday, May 20 - 2008 at 14:06 UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of AME Info FZ LLC / Emap Limited.
Disclaimer:
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.
The information comprised in this section is not, nor is it held out to be, a solicitation of any person to take any form of investment decision. The content of the AME Info Web site does not constitute advice or a recommendation by AME Info FZ LLC / Emap Limited and should not be relied upon in making (or refraining from making) any decision relating to investments or any other matter. You should consult your own independent financial adviser and obtain professional advice before exercising any investment decisions or choices based on information featured in this AME Info Web site.
AME Info FZ LLC / Emap Limited can not be held liable or responsible in any way for any opinions, suggestions, recommendations or comments made by any of the contributors to the various columns on the AME Info Web site nor do opinions of contributors necessarily reflect those of AME Info FZ LLC / Emap Limited.
In no event shall AME Info FZ LLC / Emap Limited be liable for any damages whatsoever, including, without limitation, direct, special, indirect, consequential, or incidental damages, or damages for lost profits, loss of revenue, or loss of use, arising out of or related to the AME Info Web site or the information contained in it, whether such damages arise in contract, negligence, tort, under statute, in equity, at law or otherwise.



Web Feeds