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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.
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Jeff Florian, Senior ReporterTuesday, May 20 - 2008 at 14:06 UAE local time (GMT+4)
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