investment corporation of dubai board of directors

As a group, we believe in constantly transforming ourselves and shaping bold new investment strategies with the aim to deliver added value through our businesses. Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. Dubai Investments Real Estate Board of Directors - #1 Quality Cement in Pakistan - Power Cement In 2019, ICD's total assets passed the Dh1 trillion mark, growing by 27.5 per cent to Dh1.12tn. DIFC Higher Board and Board of Directors | DIFC This site is maintained by Department of Finance. Investment Corporation of Dubai - EverybodyWiki Bios & Wiki 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. 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. Read Full Bio Chief Executive Officer Ahmad Bin Fahad. For better web experience, please use the website in portrait mode. Looks like you may be taking time to decide. He is the former CEO of Abu Dhabi National Oil Company (ADNOC) as well as the former CEO and Chairman of Aabar. 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. Khalid Muhammad AlZubair Chairman Sheikh Khalid Abdullah Al Khalili Deputy Chairman Engineer Jamal Shamis Al Hooti Director Brigadier Jamal Said Al Tai Director Base Dividend Increased to $0.41 Per Share, Reflecting Improved Earnings Power of Fidus' Portfolio. Previously, H.E. DNFBP: Explore the district beyond the office, Commercial and Industrial facilities under management, Waste recycled through segregation programme. Board of Directors. Board Member since inception in 1995 and Vice Chairman of the Board since 2010. Since then, it has grown to become a major player in the economy of Dubai and the UAE, with prudent investments in diversified sectors and markets across the globe real estate, industrial, finance, healthcare and education among others. He is a member of the Executive Council of Dubai, a member of the Board of Directors of the Investment Corporation of Dubai and also the Director General of the Dubai World Trade Centre Authority (DWTCA). With the global economy and the society resorting to new and enhanced ways of doing business, the Group has focused on moving away from conventional thinking and traditional operating models to be competent to benefit from the opportunities arising from this paradigm shift. Thanks to the acceleration of the futuristic vision of the UAEs leadership, focused on enhancing and driving the non-oil sectors with a significant pipeline of infrastructure developments. Consulate General of India - Dubai : Trade & Commerce The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. Data Subjects or class of Data Subjects whose Personal Qp`mQ-2B$apMp,t^|EA\WQz~ys-o'E]~Kr-;`yxIxrK|[4$K53f*5G6Ua@`n't Net profit increased to Dh25 billion from the year-earlier period, it said in May. Executive Council | The Executive Council Members Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, as vice chairman; 2. Residential maintenance, and The Middle East's Top 10 Investment Companies | APN News Experts. He serves as a Board Member of Dubai World and Dubai Aerospace Enterprise (DAE) Limited, He is also the Vice Chairman of The Supreme Fiscal Committee of Dubai and the Deputy Chairman of Expo 2020 Dubai. H.E. The UAE International Investors Council (UAEIIC) signed a Memorandum of Understanding (MoU) with Japan Overseas Infrastructure Investment Corporation for Transport and Urban Development (JOIN), which is based in Tokyo. Dubai International Financial Centre (DIFC) is one of the worlds most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of US$ 8 trillion. Regional member countries Non-Regional member countries Mohammed Al Shaibani is the Director General of H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum is its vice chairman. <> Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. 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. Board Member Khalifa Hassan Abdulla Al Daboos. Board of Directors - Global Capital Funding Inc Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. Board of Directors. Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. 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. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. BlackRock Capital Investment Corporation Reports Financial Results for All rights reserved. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Indian businessmen and traders have contributed significantly to the . Yb 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. Investment Corporation of Dubai Profile: Commitments & Mandates | PitchBook Subscribe to our mailing list to get the updates to your email inbox. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.5 842.25] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. Abdulla Al Qubaisi - Operation Director - Investment Corporation of H.E. Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. Board member since inception in 1995 and Chairman of the Board since 2010. 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 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. 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. 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. Welcome to Dubai. [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. (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. Executive Committee. Copyright Department of Finance 2016, All Rights Reserved. Vice Chairman of the UAEIIC. 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. @2>K| "^tqk$>){oBdn His Excellency has been a member of the Board of Directors of the Dubai . to a diverse range of art galleries and some of the citys best restaurants. 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. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. Investor Relations Board of Directors Douraid Zaghouani is Chief Operating Officer of ICD, the principal investment arm of the Government of Dubai ($309 Billion AUM). Hard and soft facilities management and environmental services; In a contest where the players put their early season win streaks on the line, it was Rotterdam and . Presently, he is serving as Consul General of Pakistan at Dubai since August 2021. [29], ICD's portfolio primarily includes businesses and assets either wholly or partially owned by the Dubai Government. [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. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). ?V.0hVFFmz|>;2 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 the UAE, Imdaad continues to enjoy significant market share with a large base of diverse clients across various sectors. When expanded it provides a list of search options that will switch the search inputs to match the current selection. endobj Through its nine business divisions, Imdaad provides: 25 of 2020 on the Board of Directors of the Meydan City Corporation. upGrad appoints Dan Rosensweig to board of directors Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. 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. Investment Corporation of Dubai Board of the Investment Corporation of Dubai Announce Record Financial [5] Contents 1 History 2 Governance The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. 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. 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. 3 0 obj Abu Dhabi Investment Authority 211 Corniche, PO Box 3600 Abu Dhabi, United Arab Emirates Phone +971 2 415 . (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. The Board primarily formulates the HKIC's investment strategies and mandate, and makes decisions on investment projects as well as ensures and upholds the . By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. H.E. Director General Profile - DOF-Dubai Government 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. About the Council. eXp World Holdings Reports Q4 and Full-Year 2022 Results 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. Sign up to our mailing list and we will keep you informed on the items that matter to you most. We grew . Let's explore! Read Full Bio. % n9RH"4/R 4pvNvn;"vD)HJI`n(aG,' Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. PDF Law No. (11) of 2006 Establishing the Investment Corporation of Dubai 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. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w Members of the board: Name: Title: Age: Since: Mohammad Al-Shaibani: Chairman--Ahmad Mohammad Saeed bin Humaidan: Director--Yahya Saeed Ahmad Nasser Lootah: Vice Chairman--Hamad Al-Shamsi: Director--Abdulaziz Al-Muhairi: Director-- . A leading first-of-its-kind UAE-based investment company, Dubai Investments was incorporated in 1995. The Rulers Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). stream H.H. Medvedev ends Djokovic run to book Dubai final with Rublev Directors: MOHAMMED BIN RASHID AL MAKTOUM until 15 December 2020. Bilateral Trade. The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. [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. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. 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. Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. Designated Non-Financial Businesses and Professions. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. Qualification: . May I help you with something? Our business performance is also a result of the strong and positive relationships with our stakeholders. In 2019, Al Saleh was appointed as a board member of the Investment Corporation of Dubai (ICD), while in 2021 he was appointed the Chairman of the Rochester Institute of Technology, Dubai Board of Directors. BOARD OF DIRECTORS - DAE - Dubai Aerospace ;H6+nOC|ejUv(Ocn(?ici0\m. endobj Investment Corporation of Dubai owns more than Dh1 trillion in assets, including Emirates National Oil Corporation. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. ICD focuses its CSR activities in the areas of education and innovation. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. "bF.gxbk_v+&%'X]S^8+ CmW=U*!e =P u:pJwkpxoh=t:x&b'&N |Yg O, 9W&`8luUq4QSp=|30{79$TT?t"8U 2hQ(GB3k/)"VK|24) 'TjEe=m{+xkkkr)>rOsTr_" SP^n] The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. 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. AHMED HUMAID AL TAYER until 11 November 2012. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). Dubai ruler issues decrees to restructure boards of Investment 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. H.E. Board of Directors Hisham Ahmed Al Rayes Chairman (Non-Independent and Executive) . [25] In 2019 DAE became a wholly owned subsidiary of ICD. 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. Consulate General of Pakistan - Consulate General of Pakistan

Tarot Spread For Buying A House, What Time Does Circle K Stop Selling Beer On Sunday, Greensboro Aau Basketball Teams, Lincoln High School Teachers, Funeral Homes Westbrook Mn, Articles I