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Follow on Google News | Dubai International Capital ranked as one of world's top employersDubai International Capital named in top ten percentile of the world's top employers by independent survey
By: Dubai International Capital H.E. Mohammed Al Gergawi, Chairman of Dubai Holding said: "DIC made outstanding progress in 2007 under Sameer Al Ansari's leadership. Sameer Al Ansari (http://www.dubaiic.com/ Sameer Al Ansari (http://www.marketwatch.com/ The assets under management of Dubai International Capital now total over US$12 billion with a target to double assets under management to US$25 billion within the next two years. DIC has been profitable since its inception in 2004 and has earned global recognition as a world class investment company. DIC Emerging Markets division made its first direct investment in the region with the family-owned Rivoli Group, a luxury retail chain based in the UAE. DIC's Jordan Dubai Capital, a US$300 million fund, acquired a 51% stake in the Central Electricity Generating Company through its energy investment arm ENARA Energy Arabia. DIC recently announced the launch of China Dubai Capital, a $1billion fund to invest in China in partnership with First Eastern as well as Saudi Dubai Capital, a $1 billion fund to invest in KSA. -ends- About Dubai International Capital: Established in 2004, DIC is an international investment company focused on both private equity and public equity. A wholly-owned subsidiary of Dubai Holding, DIC manages an international portfolio of diverse assets that provide its stakeholders with value growth, diversification, and strategic investments. Assets under management total over US$12 billion. DIC was named MENA Private Equity Firm of the Year in the 6th annual Awards for Excellence in Private Equity Europe 2008, organised by Dow Jones Private Equity News. About the survey: The survey results were measured by the TRI*M model which gives a single number score representing the level of employee commitment including overall satisfaction, recommendation, rejoining, motivation of colleagues and market strengths. In the findings, 85% of DIC employees believe DIC has a strong reputation in the market which reflects that staff are proud to be working for the firm. 83% of employees would recommend DIC as a company to work for, compared to 74.5% in 2006. End
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