ICD reports 2015 attributable net profit down slightly due to prior year’s one-off gain
Investment Corp of Dubai (ICD), the Dubai GRE which owns stakes in Emirates, Emirates NBD, Emaar and Dubai Islamic Bank said that its 2015 net profit was down 3.7% Y-o-Y in 2015 to AED22.9bn. ICD said that the prior year results benefited from a significant one-time gain in discontinued operations as a result of transfer of Dubai Aluminium. (Bloomberg)
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