Hard and soft facilities management and environmental services; Rudine Mottaghian - Member of The Board of Advisors - LinkedIn DNFBP: By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. ICD was established in 2006 to manage the government's portfolio of investments and companies. Chairman of the UAEIIC. upGrad appoints Dan Rosensweig to board of directors Regional member countries Non-Regional member countries Medvedev ends Djokovic run to book Dubai final with Rublev Al Saleh was appointed as Vice Chairman of the Board of Directors of the United Arab Emirates Central Bank. 1. Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. Established in 2006, ICD is the principal investment arm of The Government of Dubai. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. [5] History [ edit] Board of Directors - Global Capital Funding Inc Atrium Mortgage Investment Corporation Announces March 2023 Dividend The Middle East's Top 10 Investment Companies | APN News Working Group Committee. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, as vice chairman; 2. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. from a carefully curated collection of retailers, H.H. His Excellency Helal Saeed Almarri is the Director General of the Dubai Department of Tourism and Commerce Marketing (DTCM). Sindh Police Driver Police Constable Jobs 2023 via STS SIBA ICD invests in a variety of sectors, with a particular focus on the financial services and transportation industries. [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 holds a Bachelors Degree in Electrical Engineering from Florida Institute of Technology, USA and a Management Degree from Cranfield School of Management, England. The Rulers Court is the Prime Government Body of Dubai, U.A.E. He started his professional life with the Dubai Ports Authority & Jebel Ali Free Zone where he worked for seven years. In addition, ICD has two Sukuk, also commonly referred to as sharia compliant bonds, on Nasdaq Dubai, one worth $1 billion listed in 2017 and another worth $700 million listed in May 2014. "bF.gxbk_v+&%'X]S^8+ CmW=U*!e =P u:pJwkpxoh=t:x&b'&N |Yg O, 9W&`8luUq4QSp=|30{79$TT?t"8U H.E. 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. H.E. . Held diplomatic assignments in Pakistan Missions Abroad: Berlin (2005-2009), Pretoria (2011-2014) and Hanoi (2014-2017). Copyright 2023, Investment Corporation of Dubai. Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. Mohammed Al Shaibani is the Chairman of Dubai Islamic Bank. Commercial and Industrial facilities under management, Waste recycled through segregation programme. 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. Copyright 2023 DIFC. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 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,. The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. Who We Are - Dubai Investments is member of the Executive Council of Dubai, and Dubai's Strategic Affairs Council. An integral part of this vision is delivering superior returns to our shareholders, consistent with our pre-defined risk profile and comparable to other best-in-class corporations. Investment Corporation of Dubai (ICD) is a sovereign wealth fund based in Dubai, United Arab Emirates. Website Privacy Policy and Privacy Notice. His Excellency has been a member of the Board of Directors of the Dubai . He holds a Bachelor of Science in Management and Information System. 9x-m}w_:^Mb>PN~ KTQv$$GYa7i 3)hcr(HBlrv0p#RH2$ %)4k&1!VJwxb%oKYJX^d #vpUE7H=>Dta+xMYW6`GE`*&ISJ@8Ak'~(,yA All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement. 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. 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. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. "The decrees are effective from their date of issuance," according to the statement. He is also the CEO and Executive Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. Investment Corporation of Dubai revenue up 61% at Dh121.1 billion in Chimera Designated Non-Financial Businesses and Professions. More than a world-class financial centre, DIFC is also a vibrant community of retail and lifestyle. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Dubai Investments is supported by a visionary leadership and management guiding its growth. Under a presidential decree issued in December 2018, H.E. 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. Beyond the Sky a meet and greet with Her Highness Sheikha Mozah bint Marwan Al Maktoum. ICD focuses its CSR activities in the areas of education and innovation. Board Member of Gulf Investment Corporation GSC - State of Kuwait. UAEIIC partners with JOIN to expand coordination and investment BlackRock Capital Investment Corporation Reports Financial Results for H.E. 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. Subscribe to our mailing list to get the updates to your email inbox. In the UAE, Imdaad continues to enjoy significant market share with a large base of diverse clients across various sectors. 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. Stay up to date with the latest news, announcements and insights from across the Centre by visiting our Newsroom. Since 1998, H.E. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. Number of Employee Profiles 3. 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. These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. All rights reserved. Board of the Investment Corporation of Dubai Announce Record Financial Investment Corporation of Dubai (Investment Company) 2,097,000,216: 29.0%: Yahya Saeed Ahmad Nasser Lootah . 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. Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. Imdaad - Investment Corporation of Dubai Imdaad Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. endobj Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. Dubai Investments has emerged as a dynamic engine of economic growth, successfully earning the reputation of being a stable organisation, fueling the regions economic performance and diversification strategies. 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. H.H. 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. DIFC Higher Board and Board of Directors | DIFC Board of Directors | Corporate Governance | Investor relations - du H.E. Copyright 2023, Investment Corporation of Dubai. Our business performance is also a result of the strong and positive relationships with our stakeholders. Investment Corporation of Dubai (ICD) - Contacts, Employees, Board In this role, he supports the CEO in corporate strategy. This site is maintained by Department of Finance. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. H.E. Mohammed Ibrahim Al Shaibani will serve as the Managing Director. We know that a supportive business environment is key to helping your company thrive. to a diverse range of art galleries and some of the citys best restaurants. 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. 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. Start new career by applying job advertisement of 04 March, 2023 in Dawn paper, application deadline of new career opportunity is 31 March, 2023 Harry G. Broadman - Chair, Board of Directors - LinkedIn Our corporate structure | IDB Invest Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. 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. - Resources Download photos from today's launch event here. Sheikh Hamdan attributed the exceptional performance to the vision and encouragement of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai one of the primary champions of global economic growth, state news agency WAM reported. The Board primarily formulates the HKIC's investment strategies and mandate, and makes decisions on investment projects as well as ensures and upholds the . Nader Bekhouche Principal. More than shopping,DIFCis about games and winning too. Net profit increased to Dh25 billion from the year-earlier period, it said in May. Investment Corporation of Dubai owns more than Dh1 trillion in assets, including Emirates National Oil Corporation. Visit Dubai - Official Tourism Board in Dubai - Welcome to Dubai The DIFC is more than just a world-class financial centre. Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. Douraid Zaghouani - Chief Operating Officer - Investment Corporation of (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 $5.1 Bln in Damage in Syria, World Bank Estimates, Saudi Arabia Bolsters Private Sector Partnership to Achieve Economic Sustainability, Saudi Arabia to Support Sudan Until It Overcomes Exceptional Circumstances, Archbishop of Vienna Stresses Importance of Makkah Document in Confronting Hatred, Saudi Green FlagA Symbol of Unity, Sovereignty, Tennis - ATP 500 - Mexican Open - Arena GNP Seguros, Acapulco, Mexico - March 3, 2023 Tommy Paul of the US in action during his semi final match against Taylor Fritz of the US REUTERS/Henry Romero, Security officers march in formation outside the Great Hall of the People in Beijing, Saturday, March 4, 2023. Through its nine business divisions, Imdaad provides: Hard and soft facilities management and environmental services; Material recovery services; Experts. The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. It's no wonder we've been named Tripadvisor's #1 Most Popular Destination in the World for the second year running. @2>K| "^tqk$>){oBdn Executive Council: The Executive Council of the Emirate of Dubai. Board of Directors Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Gulf Inland Bank . Dubai Investments is supported by a visionary leadership and management guiding its growth. Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. ?V.0hVFFmz|>;2 empowering UAE women to forge a stronger investment journey - national 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. Green Impact Partners Welcomes New Independent Board Member Established in 2006, ICD manages a broad portfolio of assets, both locally and internationally, across a wide spectrum of sectors that support Dubais dynamic economy. He is the former CEO of Abu Dhabi National Oil Company (ADNOC) as well as the former CEO and Chairman of Aabar. endobj 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. Jan 1994 - Jun 200814 years 6 months. 4 0 obj 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. This button displays the currently selected search type. [5] Contents 1 History 2 Governance Qp`mQ-2B$apMp,t^|EA\WQz~ys-o'E]~Kr-;`yxIxrK|[4$K53f*5G6Ua@`n't Abdulla Al Qubaisi - Operation Director - Investment Corporation of Board Of Directors Executive Committee. Log-in now to access a number of services available to our clients and visitors at the click of a button. H.H. Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. endobj 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. In 2019, ICD's total assets passed the Dh1 trillion mark, growing by 27.5 per cent to Dh1.12tn. 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. Material recovery services; <>>> For better web experience, please use the website in portrait mode. Huda Sayed Naim AlHashimi Director Mr. Jassim Mohammed Abdulrahim Al Ali Director Read Full Bio Chief Executive Officer Ahmad Bin Fahad. Sheikh Ahmed bin Saeed Al Maktoum President of the Department of Civil Aviation, CEO of The Emirates Group and Chairman of Dubai World The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Board of Directors. Global Products Business, US, Qatar, Egypt Supply Europes LNG Demand, Moodys Upgrades Saudi Economy Growth Forecast, Aramco Inks Pact with Renault, Geely for Engine Venture, Oil Prices Slip as Global Demand Concerns Weigh, Oman to Offer Offshore Oil, Gas Concessions this Year, Egypt Hikes Gasoline Prices in Quarterly Review, Geagea to Asharq Al-Awsat: We Will Thwart Quorum to Prevent Election of Hezbollah Candidate, Chirac Warned Bush against Overthrowing Saddam, Saudi Arabia Underscores Efforts to Reach Political Solution to Ukraine Crisis, German Foreign Ministry Spokesperson: We Care About the Path of Reform in Saudi Arabia, Ready to Support it, Kuwait Celebrates 62nd National Day, 32nd Liberation Anniversary, Ilham Ahmed to Asharq Al-Awsat: Giving Legitimacy to Syrian Regime Will Not Yield Political Solution, Al-Alimi to Asharq Al-Awsat: We Support and Encourage Saudi Mediation with Houthis, Syrian Quake Survivors Shelter in Crumbling Aleppo Homes. Vice Chairman of the UAEIIC. Careers - Investment Corporation of Dubai Dubai ruler issues decrees to restructure boards of Investment Sheikh Mohammed issues decrees on the boards of Investment Corporation Indian businessmen and traders have contributed significantly to the . Board of Directors. 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.
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