Let R be an integral domain with qf (R) = K and let F (R) be the set of nonzero fractional ideals of R. Call R a dually compact domain (DCD) if for each I ∈ F (R) the ideal Iv = (I −1 ) −1 is a finite intersection of principal fractional ideals. We characterize DCDs and show that the class of DCDs properly contains various classes of integral domains, such as Noetherian, Mori and Krull domains. In addition we show that a Schreier DCD is a GCD domain with the property that for each A ∈ F (R) the ideal Av is principal. We show that a domain R is G-Dedekind domain (i.e. has the property that Av is invertible for each A ∈ F (R)) if and only if R is a DCD satisfying the property * : for all pairs of subsets {a 1 , ..., am}, {b 1 , ...bn} ⊆ K\{0},We discuss what the appropriate name for G-Dedekind domains and related notions should be. We also make some observations about how the DCDs behave under localizations and polynomial ring extensions.