Mohammed Ibrahim Al Shaibani, Managing Director, Investment Corporation of Dubai, said: "ICD's record revenues, earnings and assets for the first half of 2022 are an impressive achievement as the expansion of our businesses accelerated despite the global economic slowdown. He holds a Bachelors Degree in Electrical Engineering from Florida Institute of Technology, USA and a Management Degree from Cranfield School of Management, England. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. 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 All rights reserved. Director: Board of Directors: Director-Mark: Affolter: . Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin H.E. Reem bint Ibrahim Al Hashimi, as member; 4. Board of Directors Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Gulf Inland Bank . Welcome to Dubai. In this capacity he was based in London for eight years and he now oversees the functioning of this office from Dubai. By embracing change and innovation, Dubai offers an exceptional and exemplary model to emulate for shaping the new world economic paradigm. Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w 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. %PDF-1.5 In addition, His Excellency is CEO and Executive Director of the Investment Corporation of Dubai (ICD); Chairman of Mohammed bin Rashid Housing Program; Vice Chairman of Deira Investment Company; and a member of the Board of Directors of Dubai Aerospace Enterprise. H.E. Jan 1994 - Jun 200814 years 6 months. National Bond Corporation becomes a subsidiary of ICD in the year 2010. (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. We will continue to foster innovation, especially in future-focused sectors, while driving efficiency and implementing confidence-boosting measures in our traditional economic pillars to set new benchmarks and enhance Dubais global competitiveness and status as the worlds premier business and investment hub," Sheikh Hamdan added. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). Nader Bekhouche Principal. Explore Investment Corporation of Dubai public register. Copyright 2023, Investment Corporation of Dubai. Since 1998, H.E. Dubai Islamic Bank Public Joint Stock Company, licensed & regulated by the Central Bank of the UAE. endobj Copyright 2023 DIFC. 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. Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. He is also a Business graduate from School of Business, University of Pittsburg, USA. By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. Board of Directors. 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. His Highness Sheikh Mohammed bin Rashid also issued Decree No. ICD focuses its CSR activities in the areas of education and innovation. Executive Council: The Executive Council of the Emirate of Dubai. [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. 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 . China's National People's Congress (NPC), the country's top legislative body, begins its annual session on Sunday. ;H6+nOC|ejUv(Ocn(?ici0\m. Access the DIFC Public Register for Information on the regulated and non-regulated companies within the district. Base Dividend Increased to $0.41 Per Share, Reflecting Improved Earnings Power of Fidus' Portfolio. [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. 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. 2 min read. Read Full Bio Chief Executive Officer Ahmad Bin Fahad. 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. ICD invests in a variety of sectors, with a particular focus on the financial services and transportation industries. Sign up to our mailing list and we will keep you informed on the items that matter to you most. Material recovery services; 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. Investment Corporation of Dubai (Investment Company) 2,097,000,216: 29.0%: Yahya Saeed Ahmad Nasser Lootah . Investment Corporation of Dubai owns more than Dh1 trillion in assets, including Emirates National Oil Corporation. Khalid Bin Kalban has extensive experience in manufacturing, industrial, financial investments and real estate sectors. The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. 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. AI. Read Full Bio. The DIFC is more than just a world-class financial centre. . from a carefully curated collection of retailers, Board of Directors: The board of directors of the ICD. 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. Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. 25 of 2020 on the Board of Directors of the Meydan City Corporation. Qp`mQ-2B$apMp,t^|EA\WQz~ys-o'E]~Kr-;`yxIxrK|[4$K53f*5G6Ua@`n't [5], ICD was set up on 3 May 2006 under Emiri decree 11 of 2006 issued by Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates (UAE), and ruler of the Emirate of Dubai. @2>K| "^tqk$>){oBdn The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . ALL RIGHTS RESERVED. Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. Yb Our business performance is also a result of the strong and positive relationships with our stakeholders. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. ICD has been mandated to enable the globalization and privatization of these iconic brands. 2015 the Supreme Legislation Committee in the Emirate of Dubai (25) of 2020 regardingthe board of directors of Meydan City Corporation. Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. <>>> More than shopping,DIFCis about games and winning too. Chairman of the UAEIIC. Mohammed Ibrahim Al Shaibani, as member; 6. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.5 842.25] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Description. Website Privacy Policy and Privacy Notice. Sarah Dea / The National. We know that a supportive business environment is key to helping your company thrive. Since early 2002, Glenn Sanford has been actively involved in the online real estate space. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. 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. In its entirety, the portfolio is reflective of Dubais growth plan and strategic focus areas. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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. [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. Sohail Al Mazrui has wide experience in Petroleum Engineering and executive experience in the Oil Industry. Dubai Investments is supported by a visionary leadership and management guiding its growth. Designated Non-Financial Businesses and Professions. Fire safety consultation and management. 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. Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. Held diplomatic assignments in Pakistan Missions Abroad: Berlin (2005-2009), Pretoria (2011-2014) and Hanoi (2014-2017). He is currently the Director in the Ministry of Foreign Affairs and International Cooperation. Al Mesmar is a graduate in Business Administration from the Higher Colleges of Technology. Search latest Sindh Police jobs online. 1. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. Through its nine business divisions, Imdaad provides: