Dubai creates new sovereign wealth fund

Dubai World “will be affiliated” to new investment arm

UAE flag

Dubai is establishing a new sovereign wealth fund, its government announced on December 11.

The Dubai Investment Fund will take control of the government’s equity in companies like the water and electric utility, toll-road operator Salik and the taxi operator. The emirate has sold off minority stakes in these companies in the last two years. The new fund will also have stakes in “other companies directly owned by the Dubai government”. 

“All relevant government entities in Dubai must register

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.