The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). Mr. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. Designated Non-Financial Businesses and Professions. 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. ;H6+nOC|ejUv(Ocn(?ici0\m. 3 0 obj All rights reserved. H.E. UAEIIC partners with JOIN to expand coordination and investment ICD has been mandated to enable the globalization and privatization of these iconic brands. Investment Corporation of Dubai - Wikipedia Board of Directors. Dr. Lina Abu Bakr, Executive Director of the Arab Women Authority, added, "We were delighted to participate in this insightful discussion on investment opportunities for women with National Bonds. Values. 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. PDF Law No. (11) of 2006 Establishing the Investment Corporation of Dubai He is married. Investment Corporation of Dubai (ICD) is a sovereign wealth fund based in Dubai, United Arab Emirates. At the Meydan City Corporation, theMeydan racecourse is the centrepiece offering a full season of horseracing, the highlight of which is the worlds richest raceday, the Dubai World Cup. Visit Dubai - Official Tourism Board in Dubai - Welcome to Dubai Mohammed Ibrahim Al Shaibani will serve as the Managing Director. Board of Directors. Explore the district beyond the office, Log-in now to access a number of services available to our clients and visitors at the click of a button. The 61 percent growth in ICDs revenues and a more than ten times increase in its profits during the first half of 2022, despite the global economic slowdown and uncertainty worldwide, reflects the resilience and robustness of Dubais economy and the prudence of its fiscal policies. 2 min read. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. 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. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae. <> By embracing change and innovation, Dubai offers an exceptional and exemplary model to emulate for shaping the new world economic paradigm. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . Harry G. Broadman - Chair, Board of Directors - LinkedIn He holds a Bachelor of Science in Civil Engineering and is a Chartered Civil Engineer. DUBAI ISLAMIC BANK P.J.S.C. : Shareholders Board Members Managers and For better web experience, please use the website in portrait mode. Douraid Zaghouani Chief Operating Officer. Board Of Directors Glenn Sanford. Sheikh Mohammed issues decrees on the boards of Investment Corporation Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. 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. Indian businessmen and traders have contributed significantly to the . He is the former CEO of Abu Dhabi National Oil Company (ADNOC) as well as the former CEO and Chairman of Aabar. Website Privacy Policy and Privacy Notice. About the Rwanda Development Board Investment Corporation of Dubai Profile: Commitments & Mandates | PitchBook Since 1998, H.E. List of Jurisdictions to which Personal Data may be transferred: MOHAMMED BIN RASHID AL MAKTOUM until 15 December 2020, AHMED HUMAID AL TAYER until 11 November 2012, SULTAN AHMED BIN SULAYEM until 04 May 2009. (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. Members of the board: Name: Title: Age: Since: Mohammad Al-Shaibani: Chairman--Ahmad Mohammad Saeed bin Humaidan: Director--Yahya Saeed Ahmad Nasser Lootah: Vice Chairman--Hamad Al-Shamsi: Director--Abdulaziz Al-Muhairi: Director-- . [5] Contents 1 History 2 Governance 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. In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, Vice President and Prime Minister of the UAE issued Decree No. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. endobj The Board of Governors may delegate all its powers to the Board of Executive Directors with the exception of those set out in Article IV, Section 2 (c), of the Agreement Establishing the Inter-American Investment Corporation and any other powers specified in said Agreement. Khalid Bin Kalban has extensive experience in manufacturing, industrial, financial investments and real estate sectors. Investment Corporation of Dubai revenue up 61% at Dh121.1 billion in Come to the Centre and be surprised. The minister also sits on the board of directors at the Dubai Chamber for Commerce and Industry, and is on the board at the National US Arab Chamber of Commerce. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. About Us | Al Rawabi Dubai Investments has emerged as a dynamic engine of economic growth, successfully earning the reputation of being a stable organisation, fueling the regions economic performance and diversification strategies. Under Decree No. [15][16] Minority stakes of Emmar Properties,[9][10] Dubai Islamic Bank, Commercial Bank of Dubai, Dubai Ice Plant & Cold Stores Company, and Dubai Development Company were transferred to ICD by the Government of Dubai. BlackRock Capital Investment Corporation Reports Financial Results for He currently holds the position of Chairman of Marka PJSC , Chairman of Al Mal Capital PSC, Board member of National General Insurance PJSC, Board Member of Islamic Bank of Asia (Limited) IBA Singapore, Board Member of Arcapita Investment Management BSC Bahrain and Board Member of Ajman Bank PJSC, Ali Fardan Ali Al Fardan has significant experience in Real Estate Management, Property Investments, Capital Investment Management and Hospitality Management. In this capacity he was based in London for eight years and he now oversees the functioning of this office from Dubai. Board of Directors | Leadership Team | Dubai Islamic Bank Copyright Department of Finance 2016, All Rights Reserved. Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. Energy and waste collection management solutions; Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Board of Directors: The board of directors of the ICD. Board Of Directors. We grew . Consulate General of Pakistan - Consulate General of Pakistan (Reuters), Israel Tells Top US General It Sees Need to Cooperate against Iran, EU Diplomat Demands Accountability Following Israeli Settler Rampage in West Bank, Ericsson to Pay $206 Mln over Corruption Case in Iraq, US Sending Bridge-launchers to Ukraine for Spring Fight, Earthquakes Caused $5.1 Bln in Damage in Syria, World Bank Estimates, Saudi Arabia Bolsters Private Sector Partnership to Achieve Economic Sustainability, Saudi Arabia to Support Sudan Until It Overcomes Exceptional Circumstances, Archbishop of Vienna Stresses Importance of Makkah Document in Confronting Hatred, Saudi Green FlagA Symbol of Unity, Sovereignty, Tennis - ATP 500 - Mexican Open - Arena GNP Seguros, Acapulco, Mexico - March 3, 2023 Tommy Paul of the US in action during his semi final match against Taylor Fritz of the US REUTERS/Henry Romero, Security officers march in formation outside the Great Hall of the People in Beijing, Saturday, March 4, 2023. 10 most influential people in the United Arab Emirates Let's explore! 25 of 2020 on the Board of Directors of the Meydan City Corporation. 2 years. Investment Corporation of Dubai is a sovereign wealth fund of the Government of Dubai established in 2006, [2] with a mandate to invest funds on behalf of the Government of Dubai, and manage their portfolio of investment companies. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. H.E. H.E. Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. Atrium Mortgage Investment Corporation Announces March 2023 Dividend The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . Al Qubaisi sits on other company boards and is the Chairman of Emirates Refreshment Company, Vice Chairman of Emirates Modern Poultry Company (Al Rawdah) and a board member at Aswaaq. Ares Private Equity Group and Chief Financial Officer and Treasurer of Ares Commercial Real Estate Corporation: Investment Professionals: Finance and Accounting: Washington D.C . @2>K| "^tqk$>){oBdn Mohammed Al Shaibani is the Director General of H.H. More than a world-class financial centre, DIFC is also a vibrant community of retail and lifestyle. In 2019, ICD's total assets passed the Dh1 trillion mark, growing by 27.5 per cent to Dh1.12tn. Thanks to the acceleration of the futuristic vision of the UAEs leadership, focused on enhancing and driving the non-oil sectors with a significant pipeline of infrastructure developments. [29], ICD's portfolio primarily includes businesses and assets either wholly or partially owned by the Dubai Government. He holds a degree in Business Management from USA and is a Management Major from Metropolitan State College, USA. H.E. Director General Profile - DOF-Dubai Government It also owns Emirates National Oil Corporation, holds a minority stake in developer Emaar Properties and in the Dubai Airport Free Zone and the World Trade Centre. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC).