Retail & Others
Dubai is the premier retail destination in the MENA region, and the first experience that visitors have of this critical sector falls under ICD’s retail portfolio: Dubai Duty Free, one of the biggest travel retail operators in the world.
Dubai Duty Free complements Emirates’ strategy to make Dubai a leading transit destination for global travel routes.
ICD’s retail activities also include aswaaq, a chain of supermarkets and community malls located at the heart of residential communities in Dubai.
The Group also owns stakes in a diverse range of companies that operate across industry sectors, including technology, innovation and integrated facilities and management solutions services, some of which have established themselves as regional leaders in their respective markets.
In 2020, Dubai Multi Commodities Centre Authority (“DMCC”) was added to this portfolio; DMCC is one of the leading hubs for the global commodities trade.
Further, and in line with our long-term strategy adopted over recent years, ICD has been increasing its investments in sectors including Fintech, Life Science, Software and Agritech, by partnering with sponsors having deep sector expertise, experience and talented managers, and like-minded investors.