Executive Council | The Executive Council Members The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. Khalid Bin Kalban has extensive experience in manufacturing, industrial, financial investments and real estate sectors. Dubai Investments is committed to consistently accelerate the transformation of the Groups strategy focused on its people and culture by building a strong and diverse workforce along with continued efforts towards enhancing sustainability and digitisation efforts. Description. Mr. Investment Corporation of Dubai (ICD) is a sovereign wealth fund based in Dubai, United Arab Emirates. He holds a Bachelor of Science in Management and Information System. In 2019, Al Saleh was appointed as a board member of the Investment Corporation of Dubai (ICD), while in 2021 he was appointed the Chairman of the Rochester Institute of Technology, Dubai Board of Directors. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. 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. He holds a degree in Business Management from USA and is a Management Major from Metropolitan State College, USA. These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. Vice Chairman of the UAEIIC. (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. 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. The Middle East's Top 10 Investment Companies | APN News Board of Directors | Corporate Governance | Investor relations - du Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. 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. 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. 2015 the Supreme Legislation Committee in the Emirate of Dubai Douraid Zaghouani - Chief Operating Officer - Investment Corporation of Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. H.E. 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. Beyond the Sky a meet and greet with Her Highness Sheikha Mozah bint Marwan Al Maktoum. First meeting of Board of Directors of Hong Kong Investment Corporation Al Shaibani serves as the Director-General of His Highness the Ruler's Court in 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. DIFC Hosts the Worlds First Finance Summit Dedicated to Advancing COP28 Agenda in the Global Finance Industry, 08 Mar 2023 - 09 Mar 2023, 8:00 am - 5:00 pm. Board of Directors | Mubadala - Mubadala Investment Company Green Impact Partners Welcomes New Independent Board Member His Highness Sheikh Mohammed bin Rashid also issued Decree No. Board of the Investment Corporation of Dubai Announce Record Financial "The decrees are effective from their date of issuance," according to the statement. 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. In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum issued 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. ICD: The Investment Corporation of Dubai. Presently, he is serving as Consul General of Pakistan at Dubai since August 2021. Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. Mohammed Ibrahim Al Shaibani will serve as the Managing Director. 3 0 obj
Energy and waste collection management solutions; Our Team | Ares Management This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Board of Directors Declared Total Dividends of $0.66 per Share for First Quarter 2023. (25) of 2020 regardingthe board of directors of Meydan City Corporation. from a carefully curated collection of retailers, This button displays the currently selected search type. Copyright 2023 DIFC. Under Decree No. to a diverse range of art galleries and some of the citys best restaurants. Copyright 2023 All rights reserved. Board of Directors: What It Is, What Its Role Is - Investopedia He holds a Bachelors Degree in Economics from Cairo University and Diploma in Banking and Financial Studies from New York. Board of Directors. upGrad appoints Dan Rosensweig to board of directors . 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 Board strongly believes in the pivotal role of businesses in helping build sustainable societies and has embraced the key tenets of ESG in its core business practices. Mohammed Al Shaibani is the Director General of H.H. Imdaad - Investment Corporation of Dubai Imdaad Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. Medvedev ends Djokovic run to book Dubai final with Rublev The Dubai Ruler's Court, a prime government body of the Emirate. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. H.E. Director General Profile - DOF-Dubai Government Under Decree No. GoR launches Manufacture and Build to Recover Program extension to Indian businessmen and traders have contributed significantly to the . Hard and soft facilities management and environmental services; 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. Atrium Mortgage Investment Corporation Announces March 2023 Dividend H.E. Mohammed Shaibani - Gateway Partners Experts. The Group is also a strong facilitator for Foreign Direct Investments (FDI), identifying and investing in opportunities across untapped markets, expanding footprint and stimulating the economy. "We are proud to record ICD's best-ever financial performance during the first half of a year, underscoring Dubai's position as one of the world's most dynamic, resilient, and future-ready . The board typically meets at. Board of directors and Committees | Saint-Gobain Incorporation PJC: H.E. Jan 1994 - Jun 200814 years 6 months. 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 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. <>>>
Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. Copyright 2023, Investment Corporation of Dubai. 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. The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. (Archive Photo)https://t.co/W1b2cPQwJB pic.twitter.com/EZfMK89r01, Beta V.1.0 - Powered by automated translation, Investment Corporation of Dubai's 2019 profit jumps 17% on banking and transport investments, Investment Corporation first-half profit climbs as assets surge to a record. 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. Executive Committee. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. When expanded it provides a list of search options that will switch the search inputs to match the current selection. After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. 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.