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.
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