Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. 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. Imdaad - Investment Corporation of Dubai Imdaad Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. 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. Mohammed Ibrahim Al Shaibani will serve as the Managing Director. Careers - Investment Corporation of Dubai Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. Other position holders include board members. Board Member Khalifa Hassan Abdulla Al Daboos. H.H. Ares Private Equity Group and Chief Financial Officer and Treasurer of Ares Commercial Real Estate Corporation: Investment Professionals: Finance and Accounting: Washington D.C . Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. 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 has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. ICD invests in a variety of sectors, with a particular focus on the financial services and transportation industries. 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 H.E. The DIFC is more than just a world-class financial centre. Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. Our corporate structure | IDB Invest is member of the Executive Council of Dubai, and Dubai's Strategic Affairs Council. All rights reserved. We know that a supportive business environment is key to helping your company thrive. In light of the global developments and the UAE's strategic plans, and in line with the State's policy to promote economic diversification,. [3] At the end of 2019, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. H.H. 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. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. Access the DIFC Public Register for Information on the regulated and non-regulated companies within the district. 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. [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 $11.3 Billion. Harry G. Broadman - Chair, Board of Directors - LinkedIn This button displays the currently selected search type. Board of Directors | Leadership Team | Dubai Islamic Bank io`fC,Y:*Qa;pe{xKic{]AEn]q3#]x)8]`rh\z'"scw%X-r;@a 6];OZx|MPwj|;~e|koj_&vcLGP|~=l:QawCJ#HE1J];55xiUP$Y*9~zaO._AsXo(H;qq/O+%1qr @e?$D aJbeZ0` :w fb*9VhC}W;eJ if$B2({y*R:\DI,D)`46RA;*|q Copyright 2023, Investment Corporation of Dubai. 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. Decree No. (24) of 2020 Reconstituting the Board of Directors of the March 4, 2023 12:19 pm. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . Board of Directors Declared Total Dividends of $0.66 per Share for First Quarter 2023. - Resources Download photos from today's launch event here. [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. With the global economy and the society resorting to new and enhanced ways of doing business, the Group has focused on moving away from conventional thinking and traditional operating models to be competent to benefit from the opportunities arising from this paradigm shift. He is also the CEO and Executive Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. _ga. Khalid Bin Kalban is the Managing Director and Chief Executive Officer of DI. We strive to increase the value of our business while maintaining high ethical values and a commitment to the development of society through integrity and fair business practices. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . 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. AHMED HUMAID AL TAYER until 11 November 2012. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. 1. Investment Corporation of Dubai - Public Register | DIFC 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. 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. Chairman of the UAEIIC. 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 Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. Let's explore! Welcome to Dubai. endobj (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. 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 Dubai's strategic development. Soonyoung Chang has served as a director of Brookfield Reinsurance since November 2021. Sultan bin Saeed Al Mansouri, as member; 5. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Al Saleh is a fellow member of the Chartered Institute of Management Accountants (CIMA) in the United Kingdom and holds an MBA degree from the American University of Sharjah. Net profit increased to Dh25 billion from the year-earlier period, it said in May. His Highness Sheikh Mohammed bin Rashid also issued Decree No. UAEIIC partners with JOIN to expand coordination and investment Management of ADIA is vested in ADIA's Board of Directors, which comprises a Chairman, Deputy Chairman, Managing Director and board directors who are appointed by a decree of the Ruler of the Emirate of Abu Dhabi. Abdulla Al Qubaisi - Operation Director - Investment Corporation of "The decrees are effective from their date of issuance," according to the statement. Held diplomatic assignments in Pakistan Missions Abroad: Berlin (2005-2009), Pretoria (2011-2014) and Hanoi (2014-2017). The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. 4 0 obj 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. 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 $0.075 per common share, to be paid April 12, 2023 to shareholders of record March 31, 2023. Chairman: The chairman of the Board of Directors. As3y Celebrate success with a business lunch or dinner with family at some of Dubais best restaurants inDIFC., Stay up-to-date with DIFCs response to Covid-19. H.E. Directors: MOHAMMED BIN RASHID AL MAKTOUM until 15 December 2020. Reem bint Ibrahim Al Hashimi, as member; 4. [18] In 2012 ICD acquired Smartstreams Technologies group limited and controlling stake in Dubai Aerospace Enterprise (DAE). Indian businessmen and traders have contributed significantly to the . [21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. @2>K| "^tqk$>){oBdn a*5Vuy`Ub;q$7O6;H4 Z9Pl';D.`36#Z=jdU=>oEX%\ZdZsp8NQmqREiWiHwObxe Ojdt",MqQ5(YH{$ 3 0 obj n9RH"4/R 4pvNvn;"vD)HJI`n(aG,' Copyright Department of Finance 2016, All Rights Reserved. 1 0 obj Get to know the people behind Dubai Investments success: Our vision is to provide impeccable quality by delivering superior management performance and top of the line services to our investors. Sohail Al Mazrui has wide experience in Petroleum Engineering and executive experience in the Oil Industry. 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. Since 1998, H.E. Designated Non-Financial Businesses and Professions. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). Sheikh Mohammed also issued Decree No. 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. Leadership - DUBAL Holding Experts. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. Huda Sayed Naim AlHashimi Director Mr. Jassim Mohammed Abdulrahim Al Ali Director Executive Council | The Executive Council Members Investment Corporation of Dubai Profile: Commitments & Mandates | PitchBook Established in 2006, ICD is the principal investment arm of The Government of Dubai. [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. We will keep you informed on the items that matter to you most. Through its nine business divisions, Imdaad provides: Hard and soft facilities management and environmental services; Material recovery services; AI. In the UAE, Imdaad continues to enjoy significant market share with a large base of diverse clients across various sectors. 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 ICD: The Investment Corporation of Dubai. 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 . ICD has been mandated to enable the globalization and privatization of these iconic brands. 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. 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. from a carefully curated collection of retailers, Values. 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 . All rights reserved. 2hQ(GB3k/)"VK|24) 'TjEe=m{+xkkkr)>rOsTr_" SP^n] Since early 2002, Glenn Sanford has been actively involved in the online real estate space. About the Rwanda Development Board Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. 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 . 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. Mohammed Al Shaibani is the Chairman of Dubai Islamic Bank. In 2019, ICD's total assets passed the Dh1 trillion mark, growing by 27.5 per cent to Dh1.12tn. Investment Corporation of Dubai Led the Bank's loan operations team in China restructuring state-owned enterprises, corporate governance reform, state asset management strategies, trade . 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 | Corporate Governance | Investor relations - du 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. Board of Directors. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. Douraid Zaghouani is Chief Operating Officer of ICD, the principal investment arm of the Government of Dubai ($309 Billion AUM). Board Member since inception in 1995 and Vice Chairman of the Board since 2010. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. Incorporation PJC: H.E. Data Subjects or class of Data Subjects whose Personal In its entirety, the portfolio is reflective of Dubais growth plan and strategic focus areas. to a diverse range of art galleries and some of the citys best restaurants. All rights reserved. Board of directors and Committees | Saint-Gobain He holds a Bachelor of Science in Civil Engineering and is a Chartered Civil Engineer.
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