[21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. 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. In a contest where the players put their early season win streaks on the line, it was Rotterdam and . endobj Investment Corporation of Dubai - EverybodyWiki Bios & Wiki F, Website Privacy Policy and Privacy Notice. . Held diplomatic assignments in Pakistan Missions Abroad: Berlin (2005-2009), Pretoria (2011-2014) and Hanoi (2014-2017). ICD: The Investment Corporation of Dubai. In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. Investment Corporation of Dubai (ICD) - Contacts, Employees, Board (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. 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. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. [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. 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. Our Team | Ares Management All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement. Copyright 2023, Investment Corporation of Dubai. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). The Dubai Ruler's Court, a prime government body of the Emirate. Since 1998, H.E. Let's explore! Copyright 2023 DIFC. It's no wonder we've been named Tripadvisor's #1 Most Popular Destination in the World for the second year running. Copyright Department of Finance 2016, All Rights Reserved. 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. Mr. Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). The Board of the Investment Corporation of Dubai (ICD) approved ICDs consolidated financial results for the six months ended 30th June, 2022. 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. 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. More than a world-class financial centre, DIFC is also a vibrant community of retail and lifestyle. Dubai Investments Real Estate Under Decree No. Mohammed Al Shaibani is the Director General of H.H. Board of Directors | Leadership Team | Gulf Inland Bank Log-in now to access a number of services available to our clients and visitors at the click of a button. Reem bint Ibrahim Al Hashimi, as member; 4. [3] At the end of 2019, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. [15][16] Minority stakes of Emmar Properties,[9][10] Dubai Islamic Bank, Commercial Bank of Dubai, Dubai Ice Plant & Cold Stores Company, and Dubai Development Company were transferred to ICD by the Government of Dubai. endobj According to Government of India figures, in FY 2015-16, trade between India and UAE crossed US$ 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. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Consulate General of India - Dubai : Trade & Commerce H.H. Board of Directors | Brookfield Reinsurance Copyright 2023, Investment Corporation of Dubai. Incorporation PJC: H.E. Established in 2006, ICD is the principal investment arm of The Government of Dubai. Data Subjects or class of Data Subjects whose Personal 2015 the Supreme Legislation Committee in the Emirate of Dubai Abdulla Al Qubaisi - Operation Director - Investment Corporation of The ruler of Dubai on Saturday issued decrees to restructure the boards ofthe emirate's sovereign wealth fund Investment Corporation of Dubai (ICD) and state-owned developer Meydan City Corporation. Investment Corporation of Dubai owns more than Dh1 trillion in assets, including Emirates National Oil Corporation. Investment Corporation of Dubai Dubai Investments is supported by a visionary leadership and management guiding its growth. 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. 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. 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. [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. 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. AHMED HUMAID AL TAYER until 11 November 2012. 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. 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). March 4, 2023 12:19 pm. Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. He also chaired a number of committees, notably the VAT Committee at Dubai Customs. He holds a Bachelor of Science in Civil Engineering and is a Chartered Civil Engineer. Regional member countries Non-Regional member countries Muzaffar Ismailov on LinkedIn: Tashkent to receive $1 bln of investment 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 Website Privacy Policy and Privacy Notice. Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. Today, we are a diversified conglomerate with businesses across industries that contribute to augmenting the countrys economic diversity, further underlining the potential of this nation and its robust business landscape. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. Board of Directors: The board of directors of the ICD. Dubai Investments is supported by a visionary leadership and management guiding its growth. to a diverse range of art galleries and some of the citys best restaurants. ?V.0hVFFmz|>;2 Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. 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. GFH Capital Dubai, Al Areen Holding Company, and EAT app Qualification: BSc and BA in Marketing from Suffolk University, Boston, Massachusetts - USA . Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). H.E. Mohammed Shaibani - Gateway Partners He has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. 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. 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. ALL RIGHTS RESERVED. For better web experience, please use the website in portrait mode. 3 0 obj Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. [19], In 2015, ICD acquired a controlling stake in South Korean construction firm Ssangyong Engineering and Construction,[20] Mandarin Oriental New York, and Washington DC hotel. Come to the Centre and be surprised. Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. Decree No. (24) of 2020 Reconstituting the Board of Directors of the
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