Mohammed Al Shaibani is the Director General of H.H. endobj H.E. x]Yo8~7 K @EyCnL|N&?iZbI6@n6XX,Rby~z]o:?i?n^Q{M#[?\Zo?ot The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). 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. Other position holders include board members. Looks like you may be taking time to decide. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Website Privacy Policy and Privacy Notice. Designated Non-Financial Businesses and Professions. Investment Corporation of Dubai (Investment Company) 2,097,000,216: 29.0%: Yahya Saeed Ahmad Nasser Lootah . <> Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. Message Secretary General. [21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. Yb He is a member of the Executive Council of Dubai, a member of the Board of Directors of the Investment Corporation of Dubai and also the Director General of the Dubai World Trade Centre Authority (DWTCA). At the Meydan City Corporation, theMeydan racecourse is the centrepiece offering a full season of horseracing, the highlight of which is the worlds richest raceday, the Dubai World Cup. Join the global finance community to advance the industrys approach to climate and ESG principles through our Path to COP28 initiative. Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin National Bond Corporation becomes a subsidiary of ICD in the year 2010. H.H. We will keep you informed on the items that matter to you most. He is the former CEO of Abu Dhabi National Oil Company (ADNOC) as well as the former CEO and Chairman of Aabar. 2hQ(GB3k/)"VK|24) 'TjEe=m{+xkkkr)>rOsTr_" SP^n] Bilateral Trade. CEO: The chief executive officer of the ICD. Khaled Al Kamda has over three decades of senior management experience across a number of sectors including airlines, private equity and banking and has also held senior management positions in government establishments. @2>K| "^tqk$>){oBdn The Financial Secretary, Mr Paul Chan, chaired the first meeting of the Board of Directors (Board) of the Hong Kong Investment Corporation Limited (HKIC) as its Chairman today (February 28). Douraid Zaghouani Chief Operating Officer. Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. H.E. H.E. NEW YORK, March 01, 2023--BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BCIC" or the "Company," "we," "us" or "our") announced today that its Board of Directors declared a quarterly . Since 1998, H.E. Fire safety consultation and management. Indian businessmen and traders have contributed significantly to the . Sheikh Ahmed bin Saeed Al Maktoum President of the Department of Civil Aviation, CEO of The Emirates Group and Chairman of Dubai World His Highness Sheikh Mohammed bin Rashid also issued Decree No. (24) of 2020 on the Board of Directors of the Investment Corporation of Dubai. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Established in 2006, ICD is the principal investment arm of The Government of Dubai. (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. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. Explore the world-class ecosystem that will help your business thrive and grow. Under Decree No. ICD, the principal investment arm of the emirates government, reported a 17 per cent increase in net profit for 2019 following a strong performance from investments in banking and financial services as well as transportation businesses. H.E. Read Full Bio Chief Executive Officer Ahmad Bin Fahad. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. Get to know the people behind Dubai Investments' success: BOARD OF DIRECTORS Abdulrahman Ghanem A. Al Mutaiwee Chairman Khalid Jassim Mohamed Bin Kalban Vice Chairman and CEO Ali Fardan Ali Al Fardan Director Mohamed Saif Darwish Ahmed Al Ketbi Director Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. ICD has been mandated to enable the globalization and privatization of these iconic brands. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. He serves as a Board Member of Dubai World and Dubai Aerospace Enterprise (DAE) Limited, He is also the Vice Chairman of The Supreme Fiscal Committee of Dubai and the Deputy Chairman of Expo 2020 Dubai. Since then, it has grown to become a major player in the economy of Dubai and the UAE, with prudent investments in diversified sectors and markets across the globe real estate, industrial, finance, healthcare and education among others. An exhibition was also held on the sidelines of the forum. Sultan bin Saeed Al Mansouri, as member; 5. 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. Investment Corporation of Dubai is a sovereign wealth fund of the Government of Dubai established in 2006, [2] with a mandate to manage the Government of Dubai's portfolio of commercial companies and investments. In this role, he supports the CEO in corporate strategy. 2015 the Supreme Legislation Committee in the Emirate of Dubai Since early 2002, Glenn Sanford has been actively involved in the online real estate space. Held diplomatic assignments in Pakistan Missions Abroad: Berlin (2005-2009), Pretoria (2011-2014) and Hanoi (2014-2017). Copyright 2023, Investment Corporation of Dubai. He holds a Bachelors Degree in Economics from Cairo University and Diploma in Banking and Financial Studies from New York. Board of Directors. Regional member countries Non-Regional member countries Residential maintenance, and Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. Board Member since 1998. [25] In 2019 DAE became a wholly owned subsidiary of ICD. Daniil Medvedev handed Novak Djokovic his first defeat of the year, beating the world number one 6-4 6-4 to reach the Dubai Tennis Championships final where he plays holder Andrey Rublev for a third title in as many weeks. 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. Board of Directors Declared Total Dividends of $0.66 per Share for First Quarter 2023. These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. The Board of Directors meeting was chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, Chairman of ICD, and in the presence of Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Vice-Chairman of ICD. Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. BUILDING MATERIALS, CONSTRUCTION & CONTRACTING. Sheikh Hamdan attributed the exceptional performance to the vision and encouragement of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai one of the primary champions of global economic growth, state news agency WAM reported. Mohammed Al Shaibani is the Chairman of Dubai Islamic Bank. Board Directors Who Are WeMessage From The ChairmanMessage From The CEOBoard DirectorsExecutive ManagementShari'a ComplianceCSR Home> About us> Board Directors Board Members Mr. Khalifa Al-Daboos Chairman Read More Mr. Abdulla Saeed Belyoahah Board Member Read More Mr. Ali Rashid Al Mazroei Board Member Read More Mr. Huraiz Almur Bin Huraiz Dubai International Financial Centre (DIFC) is one of the worlds most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of US$ 8 trillion. H.E. Copyright 2023, Investment Corporation of Dubai. H.E. [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. Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. Hamad Buamim Board Member Abdulla Hamad Al Shamsi Board Member Javier Marin Romano Board Member 13 February 2023 Our business performance is also a result of the strong and positive relationships with our stakeholders. He holds a Bachelor of Science in Management and Information System. Soonyoung Chang has served as a director of Brookfield Reinsurance since November 2021. is member of the Executive Council of Dubai, and Dubai's Strategic Affairs Council. 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. Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. is pleased to announce that its board of directors has declared a dividend for the month of March 2023 of $0.075 per common share, to be paid April 12, 2023 to shareholders of record March 31 . . Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. He also chaired a number of committees, notably the VAT Committee at Dubai Customs. Director: Board of Directors: Director-Mark: Affolter: . 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. H.H. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. <> from a carefully curated collection of retailers, Through its nine business divisions, Imdaad provides: Mr. Hesham Abdulla Qassim Al Qassim Vice Chairman and Managing Director Mr. Buti Obaid Buti Al Mulla Director H.E. Khalid Muhammad AlZubair Chairman Sheikh Khalid Abdullah Al Khalili Deputy Chairman Engineer Jamal Shamis Al Hooti Director Brigadier Jamal Said Al Tai Director Nader Bekhouche Principal. 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. 2 0 obj Chairman of the UAEIIC. EITC Board contributes towards developing strategy aspiring to create and shareholder value, confidence and maintain sustainability. He also oversaw and participated in a number of other regulatory and strategic committees, including the Executive Credit Policy Committee and the Indirect Taxation Working Group. [5] History [ edit] AHMED HUMAID AL TAYER until 11 November 2012. This button displays the currently selected search type. Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has held senior management positions in various ministries and government establishments.He has also served as the Ambassador of the UAE to the Court of St. James and Iceland. H.E. [19], In 2015, ICD acquired a controlling stake in South Korean construction firm Ssangyong Engineering and Construction,[20] Mandarin Oriental New York, and Washington DC hotel. May I help you with something? Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. Listed on the Dubai Financial Market in 2000, Dubai Investments has 15,482 shareholders with a share capital of AED 4.25 billion. The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. "The decrees are effective from their date of issuance," according to the statement. More than shopping,DIFCis about games and winning too. Stay up to date with the latest news, announcements and insights from across the Centre by visiting our Newsroom. We are always in pursuit of motivated and dynamic professionals, if you are looking for an opportunity to make a difference, please submit your CV. 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. He is married. Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. He holds a Bachelor Degree in Business Administration majoring in Business Management and currently holds the following positions: Board member of AHI Carrier FZC, Vice Chairman of Danat El Emarat Hospital Project, Board Member of Marka PJSC and Board Member of Al Mal Capital PJSC. endobj Pierre-Andr de Chalendar Chairman of the Board of Directors of Compagnie de Saint-Gobain Benoit Bazin Chief Executive Officer of Compagnie de Saint-Gobain Director Jean-Franois Cirelli Independent Director Chairman of the Nomination and Remuneration Committee Lydie Cortes Employee Director Member of the Nomination and Remuneration Committee Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. Under the Mubadala Delegation of Authority, the Board delegates aspects of its authority for executive management to the Group Chief Executive Officer and Managing Director, Khaldoon Khalifa Al Mubarak, as well as to Mubadala's Investment Committee. _ga. %PDF-1.5 The Rulers Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). n9RH"4/R 4pvNvn;"vD)HJI`n(aG,' Copyright 2023, Investment Corporation of Dubai. Base Dividend Increased to $0.41 Per Share, Reflecting Improved Earnings Power of Fidus' Portfolio. He has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. 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. Mr. As a group, we are focused on maintaining momentum and delivering consistent performance and our aim is to continue this phenomenal journey by embarking upon new ideas and innovations as the driving force behind emerging as a leading investment company across the region and beyond. The ruler of Dubai on Saturday issued decrees to restructure the boards of the emirate's sovereign wealth fund Investment Corporation of Dubai (ICD) and state-owned developer Meydan City Corporation. H.E. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). Dubai Islamic Bank Public Joint Stock Company, licensed & regulated by the Central Bank of the UAE. Processing of Special Categories of Personal Data: Purpose for the Personal Data Processing: Administration of Membership Records, Benifits, Grants & Loans Administration, Information & Data Bank Administration, Insurance Administration, Licensing & Registration, Pensions Administration, Staff Administration. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . Website Privacy Policy and Privacy Notice. The site is best viewed using IE10 and above, Mozilla Firefox, Safari and Chrome. - Resources Download photos from today's launch event here. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). A board of directors (B of D) is the governing body of a company, elected by shareholders in the case of public companies to set strategy and oversee management. Douraid Zaghouani is Chief Operating Officer of ICD, the principal investment arm of the Government of Dubai ($309 Billion AUM). Subscribe to our mailing list to get the updates to your email inbox. Edtech firm upGrad has announced the appointment of Dan Rosensweig, a longtime Silicon Valley executive, to its board of directors, said a statement issued today. The company also has a significant presence in neighbouring Oman, and is currently expanding its footprint in Saudi Arabia, Qatar, and Egypt. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. Established in 2006, ICD manages a broad portfolio of assets, both locally and internationally, across a wide spectrum of sectors that support Dubai's dynamic economy. ;H6+nOC|ejUv(Ocn(?ici0\m. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. C^L:X,n3Azt/*hB%N( FYHDo7a7-0 V2qm:raq 'DSgK^+,5vLnZ m9WUey]6xBC+/ES+Vu~M5$[ukb;dz}`0jf75JK!qVr*bCq)9TwExYE=w}ZD#kpqg-TK]Yw{/eR,.95g]U|Cuzou=!#ol^B$p(Ur|Chh[$m? Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. Website Privacy Policy and Privacy Notice. The UAE International Investors Council (UAEIIC) signed a Memorandum of Understanding (MoU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), which is based in Tokyo. Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. You have requested to send this page to your email. Copyright Department of Finance 2016, All Rights Reserved. Sign up to our mailing list and we will keep you informed on the items that matter to you most. 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H.E. to a diverse range of art galleries and some of the citys best restaurants. 25 of 2020 on the Board of Directors of the Meydan City Corporation. It's no wonder we've been named Tripadvisor's #1 Most Popular Destination in the World for the second year running. 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. He is also the CEO and Executive Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai.
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