Dubai Holding acquired ICD's entire 22.27% stake in Emaar Properties for Dh23.9 billion ($6.5 billion), lifting its total ownership to 29.73% and making it Emaar's largest shareholder.

DubaiMiddle East

BuyerDubai Holding (via Emirates Power Investment)SellerInvestment Corporation of Dubai (ICD)Subject_assetEmaar Properties

via Gulf NewsUpdated 1 month agoPublished May 13, 2026

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