Under a presidential decree issued in December 2018, H.E. H.E. Values. [2], In 2009, the Dubai Government transferred Dubai Duty Free, Dubai Silicon Oasis Authority, Dubai Airport Free Zone Authority,[17] Emaratech, and Aswaaq to ICD. Chimera Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. io`fC,Y:*Qa;pe{xKic{]AEn]q3#]x)8]`rh\z'"scw%X-r;@a 6];OZx|MPwj|;~e|koj_&vcLGP|~=l:QawCJ#HE1J];55xiUP$Y*9~zaO._AsXo(H;qq/O+%1qr @e?$D aJbeZ0` :w fb*9VhC}W;eJ if$B2({y*R:\DI,D)`46RA;*|q He is currently the Vice Chairman of Al Fardan Group, Managing Director of Al Fardan Real Estate, CEO of First Investor LLC, Board Member of Al Mal Capital PSC and Board Member of Commercial Bank of Dubai PJSC, Mohamed Al Ketbi has experience in Investments & Projects, Real Estate and Hospitality sectors. Khalifa Al Daboos Deputy CEO. Al Saleh is a fellow member of the Chartered Institute of Management Accountants (CIMA) in the United Kingdom and holds an MBA degree from the American University of Sharjah. Board of Directors Medvedev ends Djokovic run to book Dubai final with Rublev His Excellency has been a member of the Board of Directors of the Dubai . (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . Investment Corporation of Dubai - EverybodyWiki Bios & Wiki In order to support the longterm economic prosperity of Dubai and the objectives of the Governments economic development strategy, ICDs investment strategy is focused on optimising its return on equity and ensuring the continued growth and longterm prosperity of the Dubai economy. With a continued strategic focus on diversification and unlocking value through an organized divestment process, Dubai Investments will focus on staying significant to business opportunities and facilitate a healthy and channeled growth, in sync with the group-wide strategy to explore, engage and evolve with stability and consistent profitability. DIFC Higher Board and Board of Directors | DIFC Douraid Zaghouani - Chief Operating Officer - Investment Corporation of Board of Directors. All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement. Explore the district beyond the office, Seasoned, creative and charismatic entrepreneur with a robust skillset in strategy, finance, client & team management, thanks to 21 years of experience and a lifelong learning mindset:<br>- Eight years of financial leadership (CFO), investment banking advisory (M&A, corporate finance and capital markets) and private equity experience, serving clients in Europe and the Middle East in both . Through its nine business divisions, Imdaad provides: Hard and soft facilities management and environmental services; Material recovery services; Log-in now to access a number of services available to our clients and visitors at the click of a button. Board of the Investment Corporation of Dubai Announce Record Financial Chairman of the UAEIIC. H.E. As a corporation with a mission to create wealth and long-term value, with a focus on sustainability, our impact is rooted in promoting the development of better businesses through responsible ownership considering a broad range of stakeholder issues. [25] In 2019 DAE became a wholly owned subsidiary of ICD. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. Data Subjects or class of Data Subjects whose Personal Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). The company also has a significant presence in neighbouring Oman, and is currently expanding its footprint in Saudi Arabia, Qatar, and Egypt. Harry G. Broadman - Chair, Board of Directors - LinkedIn Careers - Investment Corporation of Dubai Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. The exceptional results are a manifestation of Sheikh Mohammed bin Rashids vision to ensure that Dubai remains at the forefront of championing global economic recovery," he said. Mohammed Al Shaibani is the Chairman of Dubai Islamic Bank. The board typically meets at. About Us | Al Rawabi <> March 4, 2023 12:19 pm. Access the DIFC Public Register for Information on the regulated and non-regulated companies within the district. Syed Salman Rashid holds a Bachelor's Degree from Karachi University and is a Certified Director from Pakistan Institute of Corporate Governance. Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board, according to a tweet by the Dubai government's media office. Website Privacy Policy and Privacy Notice. Our corporate structure | IDB Invest The Dubai Ruler's Court, a prime government body of the Emirate. He is currently the Director in the Ministry of Foreign Affairs and International Cooperation. Members of the board include Sheikh Ahmed bin Saeed Al Maktoum,Reem bint Ibrahim Al Hashimy, Sultan bin Saeed Al Mansouri, Mohammed Ibrahim Al Shaibani,Abdulrahman Saleh Al Saleh, Mohammed Hadi Al Hussaini, andHelal Saeed Al Marri. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w Our business performance is also a result of the strong and positive relationships with our stakeholders. (AP Photo/Ng Han Guan), A metalworker fixes a fence of a fashion shop in downtown San Salvador, El Salvador, late Friday, March 3, 2023. They have been instrumental in shaping our sustainable growth and reputation over the years and we have in return focused on providing lucrative business propositions, coupled with unsurpassed quality as a benchmark for delivering excellent business performance alongside upholding high ethical standards. We strive to increase the value of our business while maintaining high ethical values and a commitment to the development of society through integrity and fair business practices. Board of Directors - Global Capital Funding Inc Reem bint Ibrahim Al Hashimi, as member; 4. Investment Corporation of Dubai and Meydan City boards restructured Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, as vice chairman; 2. Mr. Hesham Abdulla Qassim Al Qassim Vice Chairman and Managing Director Mr. Buti Obaid Buti Al Mulla Director H.E. %PDF-1.5 Vice Chairman of the UAEIIC. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. The Board has the power to make or amend rules and will recommend primary legislation for enactment by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Board Member since 1998. Dubai International Financial Centre (DIFC) is one of the worlds most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of US$ 8 trillion. Established in 2006, ICD is the principal investment arm of The Government of Dubai. (24) of 2020 on the Board of Directors of the Investment Corporation of Dubai. Atrium Mortgage Investment Corporation Announces March 2023 Dividend The Board of Directors meeting was chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, Chairman of ICD, and in the presence of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Vice-Chairman of ICD. DOF's Director General has held many leadership and financial positions in a number of government entities at the local and federal levels, including the Senior Executive Director for Financial and Administrative Affairs at Dubai Customs. Al Mesmar is a graduate in Business Administration from the Higher Colleges of Technology. Edtech firm upGrad has announced the appointment of Dan Rosensweig, a longtime Silicon Valley executive, to its board of directors, said a statement issued today. Experts. ?V.0hVFFmz|>;2 Dubai Islamic Bank successfully prices USD 1 billion Sustainable Sukuk, Dubai Islamic Bank Full Year 2022 Group Financial Results, Dubai Islamic Bank offers new financing solutions to future Tesla owners, Dubai Islamic Bank successfully prices USD 750 million inaugural Sustainable Sukuk, Dubai Islamic Bank hosts 2022 Trade Club Alliance General Assembly in Dubai, DIB Swift Code : DUIBAEADDIB Routing Number : 802420101, IBOR Transition : Update 1 | Update 2 IBOR Transition related queries: IBOR.Transition@dib.ae, *Available only on GMS enabled Huawei devices, Abdul Aziz Ahmed Rahma Mohamed Al Muhairi. Green Impact Partners Welcomes New Independent Board Member The ruler of Dubai on Saturday issued decrees to restructure the boards ofthe emirate's sovereign wealth fund Investment Corporation of Dubai (ICD) and state-owned developer Meydan City Corporation. For better web experience, please use the website in portrait mode. Global Products Business, US, Qatar, Egypt Supply Europes LNG Demand, Moodys Upgrades Saudi Economy Growth Forecast, Aramco Inks Pact with Renault, Geely for Engine Venture, Oil Prices Slip as Global Demand Concerns Weigh, Oman to Offer Offshore Oil, Gas Concessions this Year, Egypt Hikes Gasoline Prices in Quarterly Review, Geagea to Asharq Al-Awsat: We Will Thwart Quorum to Prevent Election of Hezbollah Candidate, Chirac Warned Bush against Overthrowing Saddam, Saudi Arabia Underscores Efforts to Reach Political Solution to Ukraine Crisis, German Foreign Ministry Spokesperson: We Care About the Path of Reform in Saudi Arabia, Ready to Support it, Kuwait Celebrates 62nd National Day, 32nd Liberation Anniversary, Ilham Ahmed to Asharq Al-Awsat: Giving Legitimacy to Syrian Regime Will Not Yield Political Solution, Al-Alimi to Asharq Al-Awsat: We Support and Encourage Saudi Mediation with Houthis, Syrian Quake Survivors Shelter in Crumbling Aleppo Homes. Material recovery services; H.E. This site is maintained by Department of Finance. stream (25) of 2020 regardingthe board of directors of Meydan City Corporation. Come to the Centre and be surprised. CEO of Ithra Dubai Raad Jarrah Chief Development Officer Brett Lahner Chief Financial Officer Abdulla Al Qubaisi Executive Director - Operations Graham Wilson Executive Director - Contracts and Procurement Nicholas Andriotis Executive Director - Human Resources Lachlan Gyde Executive Director - Asset Management Faris Hadi Since 1998, H.E. [6][7][8], In 2007, the Government of Dubai transferred the majority stake in Emirates Bank International (EBI), National Bank of Dubai (NBD), Dubai World Trade Center, Emirates National Oil Company,[9] Emirates Global Aluminium, Borse Dubai, Emirates Airlines,[10] dnata and CBME to Investment Corporation of Dubai. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. 2015 the Supreme Legislation Committee in the Emirate of Dubai At Investment Corporation of Dubai ("ICD"), we believe in attracting, developing and retaining high potential talent who relish the opportunity of working in a fast-paced, performance-driven organisation and contribute to Dubai's strategic development. It featured a showcase of the top 100 investment opportunities that the private sector can tap into and access incentives under the Manufacture and Build to Recover Program. Explore the world-class ecosystem that will help your business thrive and grow. H.H. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. He is also the CEO and Executive Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. ICD offers a diverse work environment where all colleagues collaborate and contribute towards the achievement of the organisations goals and objectives, while living the ICDs Corporate Values of Excellence, Commitment, Sustainability, Integrity and Respect. Investment Corporation of Dubai (Investment Company) 2,097,000,216: 29.0%: Yahya Saeed Ahmad Nasser Lootah . C^L:X,n3Azt/*hB%N( FYHDo7a7-0 V2qm:raq 'DSgK^+,5vLnZ m9WUey]6xBC+/ES+Vu~M5$[ukb;dz}`0jf75JK!qVr*bCq)9TwExYE=w}ZD#kpqg-TK]Yw{/eR,.95g]U|Cuzou=!#ol^B$p(Ur|Chh[$m? Other position holders include board members. ICD was established in 2006 to manage the government's portfolio of investments and companies. Mubadala's Board members include some of the UAE's most senior public . The ICD generated record revenues of AED121.1 billion and record net profits of AED14.8 billion during H1 2022, dwarfing last years first-half earnings. (Bill Roth/Anchorage Daily News via AP, Pool), Trkiye's Inflation Seen Falling to 55% In February, Saudi-Japanese Feasibility Study for Producing Clean Hydrogen for Local, Intl Markets, Saudi Arabia Ranks First among G20 Countries in Productivity Growth, Saudi Aramco Acquires Valvoline Inc. Commercial and Industrial facilities under management, Waste recycled through segregation programme. Copyright 2023 DIFC. As a group, we believe in constantly transforming ourselves and shaping bold new investment strategies with the aim to deliver added value through our businesses. Dubai: Wilson: Lamont: Partner, Co-Head, European Real Estate: Investment Professionals: Real Estate . 2 years. a*5Vuy`Ub;q$7O6;H4 Z9Pl';D.`36#Z=jdU=>oEX%\ZdZsp8NQmqREiWiHwObxe Ojdt",MqQ5(YH{$ Read Full Bio Chief Executive Officer Ahmad Bin Fahad. The Board of the Investment Corporation of Dubai (ICD) approved ICDs consolidated financial results for the six months ended 30th June, 2022. We will keep you informed on the items that matter to you most. DNFBP: Board of Directors | Leadership Team | Dubai Islamic Bank Board Of Directors. Dubai Islamic Bank Public Joint Stock Company, licensed & regulated by the Central Bank of the UAE. eXp World Holdings Reports Q4 and Full-Year 2022 Results The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. [5], ICD was set up on 3 May 2006 under Emiri decree 11 of 2006 issued by Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates (UAE), and ruler of the Emirate of Dubai. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.5 842.25] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> H.E. Director General Profile - DOF-Dubai Government ;H6+nOC|ejUv(Ocn(?ici0\m. Mohammed Al Shaibani is the Director General of H.H. Incorporation PJC: H.E. [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. H.E. H.E. He holds a degree in Petroleum Engineering and is currently the Vice Chairman of Invest Bank, A LEADING FIRST-OF-ITS-KIND UAE-BASED INVESTMENT COMPANY. Executive Council | The Executive Council Members A resident of Dubai, UAE, Dr. Chang serves as Senior Advisor to the Investment Corporation of Dubai, providing strategic counsel and lending his global perspective to the investment arm of the Dubai Government. Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. Held diplomatic assignments in Pakistan Missions Abroad: Berlin (2005-2009), Pretoria (2011-2014) and Hanoi (2014-2017). Nader Bekhouche Principal. Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. [18] In 2012 ICD acquired Smartstreams Technologies group limited and controlling stake in Dubai Aerospace Enterprise (DAE). DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae. . H.E. Mohammed Shaibani - Gateway Partners Our Team | Ares Management Investment Corporation of Dubai - Wikipedia Led the Bank's loan operations team in China restructuring state-owned enterprises, corporate governance reform, state asset management strategies, trade . Join the global finance community to advance the industrys approach to climate and ESG principles through our Path to COP28 initiative. [6][11], Last edited on 24 November 2022, at 01:38, Learn how and when to remove these template messages, Learn how and when to remove this template message, Sheikh Hamdan bin Mohammed bin Rashid al Maktoum, Maktoum bin Mohammed bin Rashid Al Maktoum, "ICD arm paid $2.2bln for AWAS leasing business, accounts show", "Investment Corporation of Dubai reports Dh25 billion net profit, up 16.9% year on year in 2019", "Dubai wealth fund readies bonds, COVID-19 may hit revenue", "Dubai's sovereign wealth fund posts record $63bn revenue in 2018", "Investment Corporation of Dubai and its subsidiaries", "The Middle East's 10 Biggest Sovereign Wealth Funds (For Now)", "ICD and Dubai South launch 'City of Trade' to connect global wholesale buyers and sellers", "Dubai's ICD Invests $300 Million in Nigeria's Dangote Cement", "Dubai sovereign wealth fund sees profits surge 62%", "Emirates Bank International (EBI) merger with National Bank of Dubai (NBD) - A valuation perspective", "Top 10 mergers and acquisitions of the two decade - Top national-bank-dubai-nbd-and-emirates-bank-international-ebi-merger | Lists | Business Chief EMEA", "Emirates Bank International, NBD to merge", "Nasdaq to acquire OMX in deal with Borse Dubai", "Investment Corporation of Dubai's 2019 profit jumps 17% on banking and transport investments", "Investment Corporation of Dubai takes control of National Bonds", "Dubai Aerospace Enterprise sells $750 million in five and a quarter years sukuk", "Two Builders Invested in by Middle Eastern Funds Show Starkly Different Performances", "Investment Corp of Dubai buys three international hotels", "Dubai's ICD Acquires Stakes In Three Hotels", "Investment Corporation of Dubai buys Montenegro yacht resort", "Investment Corporation of Dubai acquires Porto Montenegro Marina", "Investment Corporation of Dubai reports flat profit despite higher revenue", "Dubai's sovereign wealth fund lists $200m bond on Nasdaq", "ICD's performance makes case for 10-year Saudi sukuk, investors say", "UAE funds said to be in fray for Indian investment firm deal", https://en.wikipedia.org/w/index.php?title=Investment_Corporation_of_Dubai&oldid=1123494134, Abdulrahman Saleh Al Saleh (board member), This page was last edited on 24 November 2022, at 01:38.
