Dubai's ICD Said to Seek $1.1 Billion for Atlantis, Office Tower

  • Co. seeking $700 million loan to build a new Atlantis resort
  • ICD-Brookfield JV seeking 1.6 billion dirhams for DIFC tower

Investment Corporation of Dubai, the emirate’s main state-owned holding company, is talking to banks to raise about $1.1 billion in loans to fund the construction of a resort and an office tower, according to three people with knowledge of the plan.

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