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|| Investment Corporation of Dubai acquired Montenegro waterfront development

icd marina europeThe Investment Corporation of Dubai (ICD) has announced purchase of Porto Montenegro, a yacht marina and waterfront development in Montenegro.

Last year, ICD acquired stakes in three luxury hotels across the world: the W Hotel in Washington D.C., the Mandarin Oriental in New York, and the One&Only in Cape Town, South Africa. It also owns significant equity interest in Kerzner International Holdings Limited (KIHL), the international operator of the One&Only, Atlantis and Mazagan brands. The Montenegro deal value is not disclosed.

Investment Corporation of Dubai (ICD) is listed in the Middle East Investors Directory with the code MA1610.

More details follows:



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