Emirates’ owner Investment Corporation of Dubai unveils new logo

Emirates’ owner Investment Corporation of Dubai unveils new logo

The new visual identity will reflect ICD’s dynamism and commitment to pursuing growth, development, and excellence, added ICD. Furthermore, the change signals ICD’s preparedness to adapt to the fast-evolving global investment landscape.

Mohammed Ibrahim Al Shaibani, Managing Director of ICD, said, “As we continue to evolve and grow, our new identity will reflect the spirit and mindset with which we exist today. We lean on our past as we embrace the future”.

He said, “ICD will continue to build on its successes, embracing a forward and future-focused outlook as it strives to maximise value for the long-term benefit of the Emirate of Dubai.”

ICD earned Dh28.3 billion in net profits for the first half of 2023. Emirates' owner generated revenues of Dh145.1 billion during the same period. Revenue soared by 20 per cent due to increased earnings from travel and tourism activities and banking and financial services.

Profits increased by 91 per cent, the company had said in November 2023, with increased contributions of Dh8.2 billion and Dh7.7 billion from banking and financial services and travel and tourism activities, respectively. The group’s real estate and hospitality service also displayed a strong performance.

Banking assets contributed to an overall 6.5 per