Dubai International To Invest $5B In India,China,Japan-Reuters |
|
Tuesday, Feb 19, 2008
DOW JONES NEWSWIRES
Dubai International CapitalDubai International Capital
plans to invest about $5 billion in China, India and Japan over three years as a play on the rapid growth of emerging markets, Reuters reported Tuesday.
The fund's chief operating officer, Anand Krishnan, said that the fund could raise its stake in existing holdings such as Sony Corp, and was looking for potential investments in other Japanese shares, the report said.
Krishnan said Dubai InternationalDubai International plans to raise its assets under management to $25 billion to $30 billion in the next three to four years from $13 billion now, estimating that India, China and Japan could make up one-fifth to one-sixth of the total.
"I would think the three countries in the next three years would take a share possibly of about $5 billion," he said.
Dubai InternationalDubai International is an investment fund owned by the ruler of Dubai.
(END) Dow Jones Newswires
February 19, 2008 02:00 ET (07:00 GMT)
Loading ...-
Zawya encourages you to add a comment to this discussion. You agree that when you add content to this discussion your comments will not:
1.1 Contain any material which is libelous or defamatory of any person, is obscene, offensive, hateful or inflammatory or causes damage to the reputation of any person or organisation.
1.2 Promote sexually explicit material, violence, discrimination based on race, sex, religion, nationality, disability, sexual orientation or age or any illegal activity.
1.3 Be made in breach of any legal duty owed to a third party, such as a contractual duty or a duty of confidence.
1.4 Be threatening, abuse or invade another’s privacy, or cause annoyance, inconvenience or needless anxiety.
1.5 Be used to impersonate any person, to misrepresent your identity or affiliation with any person, or be likely to deceive any person.
1.6 Give the impression that they represent Zawya.
1.7 Advocate, promote or assist any unlawful act such as (by way of example only) copyright infringement or computer misuse. - The content posted on www.zawya.com is created by members of the public. The views expressed are theirs and unless specifically stated are not those of Zawya. Zawya reserves the right to review all comments prior to posting and edit or delete any contribution, but Zawya is not responsible for and can not be held liable for any content posted by members of the public on www.zawya.com.
- Zawya is not responsible for the availability or content of any third party sites that are accessible through www.zawya.com. Any links to third party websites from www.zawya.com do not amount to any endorsement of that site by Zawya and any use of that site by you is at your own risk.
- By submitting your comment, you hereby give Zawya the right, but not the obligation, to post, air, edit, exhibit, telecast, webcast, re-use, publish, reproduce, use, license, print, distribute or otherwise use your comments worldwide, in perpetuity.
Stories
Companies
| Company Name | Country | Industry |
| Aabar Investments | UAE | Investment Firms and Funds |
| Nakheel | UAE | Landlords and Developers |
| Saudi Binladin Group | Saudi Arabia | Construction and Design |
| Abu Dhabi Investment Council | UAE | Investment Firms and Funds |
| Consolidated Contractors Company | Overseas | Construction and Design |
| Qatari Diar Real Estate Investment Company | Qatar | Landlords and Developers |
| Qatar Investment Authority | Qatar | Investment Firms and Funds |
| Abu Dhabi Investment Authority | UAE | Investment Firms and Funds |
| Dubai Islamic Bank | UAE | Banking |
| Barwa Real Estate Company | Qatar | Landlords and Developers |
Projects
| Project Name | Country | Sector |
| Dubai RTA - Dubai Metro - Purple Line | UAE | Infrastructure |
| Emirates Aluminium (EMAL) - Smelter Complex | UAE | Industry |
| Qatar Foundation - Sidra Hospital | Qatar | Real Estate |
| IPIC - Abu Dhabi Crude Oil Pipeline (ADCOP) | UAE | Oil and Gas |
| KNPC - Al Zour Refinery | Kuwait | Oil and Gas |
| Qatalum Aluminum Smelter | Qatar | Industry |
| Abu Dhabi Municipality - Salam Street and Mina Road Development | UAE | Infrastructure |
| Ras Tanura Integrated Refinery and Petrochemicals Complex | Saudi Arabia | Oil and Gas |
| Nakheel - Dubai Waterfront | UAE | Real Estate |
| ADCO - SAS Field Development | UAE | Oil and Gas |
I think he management of DIC is forecasting and making great judgement into emerging markets that hold huge potential for the future in diversifying their investment intrest,territories and maximizing their Return on their investments. Although they should proceed with caution especially investing the territories that has no safety nets in place at this time for protection of loss of capital itf their real estate market crashes . At least America has many safety nets in place as they are going trough a crisis time right now but the potential investment in bulk REO's at huge discounts is still an excellent bargain . USA still is the best and safetst market to bet on Globally, because of the safety nets in place to protect all investor assets and the preservation of capital if invested right and timing .Now is the right time for investments in USA. It is safe and Real Estate is at wholesale prices especially if purchased at bulk discounts and bundled .This will maximize investors potential return from day one + appreciation within 1.5 yrs after the market stabilizes will still out perform all emerging markets around the world . This is my forecast .. Gamble on America it is for sale at wholesale prices . [Report Abuse | Email to a Friend | Reply to this Comment]