% The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. 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. 1. Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. May I help you with something? Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. All rights reserved. Executive Council: The Executive Council of the Emirate of Dubai. ICD was established in 2006 to manage the government's portfolio of investments and companies. Who We Are - Dubai Investments F, According to Government of India figures, in FY 2015-16, trade between India and UAE crossed US$ 49bn, with Indian exports worth US$ 30bn to the UAE and US$ 19bn worth of UAE's exports to India, thus making UAE India's one of the top trading partner. Looks like you may be taking time to decide. 2 years. 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. He has served with EFU Group for over 30 years and presently serves as a Deputy Managing Director of EFU General Insurance Limited looking after the largest Marketing and Sales Division of the Company. H.E. H.E. %PDF-1.5 Jan 1994 - Jun 200814 years 6 months. Reem bint Ibrahim Al Hashimi, as member; 4. Board of Directors Hisham Ahmed Al Rayes Chairman (Non-Independent and Executive) . BUILDING MATERIALS, CONSTRUCTION & CONTRACTING. 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. Sheikh Mohammed also issued Decree No. Held diplomatic assignments in Pakistan Missions Abroad: Berlin (2005-2009), Pretoria (2011-2014) and Hanoi (2014-2017). Our vision is to provide impeccable quality by delivering superior management performance and top of the line services to our investors Ethics, Integrity, Accountability & Ownership , Work Excellence, Human Capital Asset and Innovation. Led the Bank's loan operations team in China restructuring state-owned enterprises, corporate governance reform, state asset management strategies, trade . GFH Capital Dubai, Al Areen Holding Company, and EAT app Qualification: BSc and BA in Marketing from Suffolk University, Boston, Massachusetts - USA . Values. Board of Directors | Leadership Team | Dubai Islamic Bank 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). The Dubai Ruler's Court, a prime government body of the Emirate. Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. [3] At 2022, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. H.E. Mohammed Shaibani - Gateway Partners 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. 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. March 4, 2023 12:19 pm. Dubai skyline. As3y This button displays the currently selected search type. Under Decree No. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . Dubai ruler issues decrees to restructure boards of Investment Since early 2002, Glenn Sanford has been actively involved in the online real estate space. It's no wonder we've been named Tripadvisor's #1 Most Popular Destination in the World for the second year running. Board of directors and Committees | Saint-Gobain AI. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Sheikh Mohammed issues decrees on the boards of Investment Corporation 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 Energy and waste collection management solutions; Board of Directors | DFSA | THE INDEPENDENT REGULATOR OF FINANCIAL SERVICES Dubai Investments is supported by a visionary leadership and management guiding its growth. endobj H.E. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . Dubai Investments Real Estate Atrium Mortgage Investment Corporation Announces March 2023 Dividend Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. 9x-m}w_:^Mb>PN~ KTQv$$GYa7i 3)hcr(HBlrv0p#RH2$ %)4k&1!VJwxb%oKYJX^d #vpUE7H=>Dta+xMYW6`GE`*&ISJ@8Ak'~(,yA Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. Douraid Zaghouani - Chief Operating Officer - Investment Corporation of [11] In the same year, the merger of EBI and NBD took place and Emirates National Bank of Dubai (ENBD) was formed with a market capitalization of more than $11.3 Billion. He started his professional life with the Dubai Ports Authority & Jebel Ali Free Zone where he worked for seven 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. The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . He has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement. ICD: The Investment Corporation of Dubai. The DIFC is more than just a world-class financial centre. An exhibition was also held on the sidelines of the forum. 4 0 obj Investment Corporation of Dubai (Investment Company) 2,097,000,216: 29.0%: Yahya Saeed Ahmad Nasser Lootah . Yahya Saeed Ahmad Nasser Lootah Vice Chairman Board of Directors Hamad Abdulla Rashed Obaid Al Shamsi Board Member Ahmad Mohammad Saeed Bin Humaidan Board Member Abdul Aziz Ahmed Rahma Mohamed Al Muhairi Board Member H.E. eXp World Holdings Reports Q4 and Full-Year 2022 Results 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. [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 $200m bond on Nasdaq", "ICD's performance makes case for 10-year Saudi sukuk, investors say", "UAE funds said to be in fray for Indian investment firm deal", https://en.wikipedia.org/w/index.php?title=Investment_Corporation_of_Dubai&oldid=1123494134, Abdulrahman Saleh Al Saleh (board member), This page was last edited on 24 November 2022, at 01:38. His Excellency has been a member of the Board of Directors of the Dubai . ICD offers a diverse work environment where all colleagues collaborate and contribute towards the achievement of the organisations goals and objectives, while living the ICDs Corporate Values of Excellence, Commitment, Sustainability, Integrity and Respect. Board Member since 1998. Other position holders include board members. We grew . Dubai International Financial Centre (DIFC) is one of the worlds most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of US$ 8 trillion. Copyright 2023 All rights reserved. Bilateral Trade. Mohammed Ibrahim Al Shaibani will serve as the managing director. About Ithra Dubai - Ithra Dubai Investment Corporation of Dubai and Meydan City boards restructured The DIFC Authority Board of Directors ensure that all of the Centre's activities, ranging from infrastructure development, financial management and client relations, are structured and implemented in such a way as to serve the strategic vision of Dubai's leadership HIS EXCELLENCY ESSA KAZIM CHAIRMAN Toronto, Ontario--(Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) 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, 2023. He holds a degree in Business Management from USA and is a Management Major from Metropolitan State College, USA. By embracing change and innovation, Dubai offers an exceptional and exemplary model to emulate for shaping the new world economic paradigm. Sarah Dea / The National. "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 . (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. GoR launches Manufacture and Build to Recover Program extension to (AP Photo/Salvador Melendez), FILE - Mille Porsild and her dog team pass by Camp Flamingo on the Susitna River during the start of the Iditarod Trail Sled Dog Race north of Willow, Alaska, on March 7, 2021. In light of the global developments and the UAE's strategic plans, and in line with the State's policy to promote economic diversification,. 1 0 obj Directors: MOHAMMED BIN RASHID AL MAKTOUM until 15 December 2020. 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. In a contest where the players put their early season win streaks on the line, it was Rotterdam and . 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. Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. 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. The Investment Corporation of Dubai consolidates the commercial and business assets of 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. EVANSTON, Ill., March 02, 2023 (GLOBE NEWSWIRE) Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to . 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. Let's explore! Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). [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. @2>K| "^tqk$>){oBdn DNFBP: BlackRock Capital Investment Corporation Reports Financial Results for . Click here to subscribe to our free newsletter, Copyright: 1978 - 2020 H H Saudi Research and Marketing LTD, All Rights Reserved And subject to Terms of Use Agreement, https://english.aawsat.com/home/article/4017986/board-investment-corporation-dubai-announce-record-financial-results-h1-2022, Board of the Investment Corporation of Dubai Announce Record Financial Results for H1 2022, General view of Sheikh Zayed Road in Dubai, United Arab Emirates, December 29, 2018. Board of Directors - #1 Quality Cement in Pakistan - Power Cement He is the former CEO of Abu Dhabi National Oil Company (ADNOC) as well as the former CEO and Chairman of Aabar. Board Member Khalifa Hassan Abdulla Al Daboos. He is also the Vice Chairman of the Supreme Fiscal Committee of Dubai which oversees the Emirate's fiscal policies, and is a member of Dubai's Executive Council, an entity charged with supervising . Board of the Investment Corporation of Dubai Announce Record Financial Board of Directors. 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. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. Message Secretary General. Material recovery services; Yb [21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. Celebrate success with a business lunch or dinner with family at some of Dubais best restaurants inDIFC., Stay up-to-date with DIFCs response to Covid-19. - Resources Download photos from today's launch event here. ICD has been mandated to enable the globalization and privatization of these iconic brands. (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. Website Privacy Policy and Privacy Notice. [3] At the end of 2019, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. You have requested to send this page to your email. n9RH"4/R 4pvNvn;"vD)HJI`n(aG,' 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. DUBAI ISLAMIC BANK P.J.S.C. : Shareholders Board Members Managers and We are proud to record ICDs best-ever financial performance during the first half of a year, underscoring Dubais position as one of the worlds most dynamic, resilient, and future-ready cities. The site is best viewed using IE10 and above, Mozilla Firefox, Safari and Chrome. 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 Dubais strategic development. [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. Copyright Emirates News Agency (WAM) 2020. Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. The company also has a significant presence in neighbouring Oman, and is currently expanding its footprint in Saudi Arabia, Qatar, and Egypt. 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. Fidus Investment Corporation Announces Fourth Quarter and Full Year Our Team | Ares Management Under Decree No. H.E. H.E. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae. Commercial and Industrial facilities under management, Waste recycled through segregation programme. He also chaired a number of committees, notably the VAT Committee at Dubai Customs. [5] History [ edit] upGrad appoints Dan Rosensweig to board of directors He holds a Bachelor of Science in Management and Information System. 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. Fire safety consultation and management. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. stream Log-in now to access a number of services available to our clients and visitors at the click of a button. Copyright Department of Finance 2016, All Rights Reserved. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. 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 The Rulers Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). (25) of 2020 regardingthe board of directors of Meydan City Corporation. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. 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. 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(24) of 2020 on the Board of Directors of the . Qualification: . Through its nine business divisions, Imdaad provides: Hard and soft facilities management and environmental services; Material recovery services; More than shopping,DIFCis about games and winning too. Incorporation PJC: H.E. Since 1998, H.E. More than a world-class financial centre, DIFC is also a vibrant community of retail and lifestyle. Visit Dubai - Official Tourism Board in Dubai - Welcome to Dubai Investment Corporation of Dubai - Wikipedia Director: Board of Directors: Director-Mark: Affolter: . Harry G. Broadman - Chair, Board of Directors - LinkedIn 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. Executive Committee. Mubadala's Board members include some of the UAE's most senior public .