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. Incorporation PJC: H.E. DOF's Director General has held many leadership and financial positions in a number of government entities at the local and federal levels, including the Senior Executive Director for Financial and Administrative Affairs at Dubai Customs. About the Rwanda Development Board Sheikh Mohammed issues decrees on the boards of Investment Corporation 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. ;H6+nOC|ejUv(Ocn(?ici0\m. AHMED HUMAID AL TAYER until 11 November 2012. Sultan bin Saeed Al Mansouri, as member; 5. 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 About the Council. a*5Vuy`Ub;q$7O6;H4 Z9Pl';D.`36#Z=jdU=>oEX%\ZdZsp8NQmqREiWiHwObxe Ojdt",MqQ5(YH{$ Abu Dhabi Investment Authority 211 Corniche, PO Box 3600 Abu Dhabi, United Arab Emirates Phone +971 2 415 . Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. The DIFC is more than just a world-class financial centre. Looks like you may be taking time to decide. [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. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . 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. 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. 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 He holds a Bachelors Degree in Economics from Cairo University and Diploma in Banking and Financial Studies from New York. H.E. 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. Board Of Directors | Emirates NBD Sarah Dea / The National. Designated Non-Financial Businesses and Professions. Experts. Join the global finance community to advance the industrys approach to climate and ESG principles through our Path to COP28 initiative. 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. [5] Contents 1 History 2 Governance [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. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. Investment Corporation of Dubai - Wikipedia Board of Directors - #1 Quality Cement in Pakistan - Power Cement 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. 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. Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. Dr. Lina Abu Bakr, Executive Director of the Arab Women Authority, added, "We were delighted to participate in this insightful discussion on investment opportunities for women with National Bonds. All rights reserved. All rights reserved. The Decrees are effective from their date of issuance and will be published in the Official Gazette. Seasoned, creative and charismatic entrepreneur with a robust skillset in strategy, finance, client & team management, thanks to 21 years of experience and a lifelong learning mindset:<br>- Eight years of financial leadership (CFO), investment banking advisory (M&A, corporate finance and capital markets) and private equity experience, serving clients in Europe and the Middle East in both . It's no wonder we've been named Tripadvisor's #1 Most Popular Destination in the World for the second year running. % Data Subjects or class of Data Subjects whose Personal H.E. 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. x]Yo8~7 K @EyCnL|N&?iZbI6@n6XX,Rby~z]o:?i?n^Q{M#[?\Zo?ot 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. Who We Are - Dubai Investments A leading first-of-its-kind UAE-based investment company, Dubai Investments was incorporated in 1995. 2 0 obj 3 0 obj Vice Chairman of the UAEIIC. First meeting of Board of Directors of Hong Kong Investment Corporation When expanded it provides a list of search options that will switch the search inputs to match the current selection. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae. Board of directors and Committees | Saint-Gobain Khalid Bin Kalban is the Managing Director and Chief Executive Officer of DI. Net profit increased to Dh25 billion from the year-earlier period, it said in May. Board Of Directors His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. ICD: The Investment Corporation of Dubai. 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. Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin Al Saleh was appointed as Vice Chairman of the Board of Directors of the United Arab Emirates Central Bank. Atrium Mortgage Investment Corporation Announces March 2023 Dividend 1 0 obj 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. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). 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. Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. [3] At 2022, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. Dubai Islamic Bank Public Joint Stock Company, licensed & regulated by the Central Bank of the UAE. Come to the Centre and be surprised. The Middle East's Top 10 Investment Companies | APN News endobj In a contest where the players put their early season win streaks on the line, it was Rotterdam and . Since 1998, H.E. [25] In 2019 DAE became a wholly owned subsidiary of ICD. Board of Directors. Copyright 2023, Investment Corporation of Dubai. Explore Investment Corporation of Dubai public register. Other position holders include board members. Consulate General of India - Dubai : Trade & Commerce He currently holds the position of Chairman of Marka PJSC , Chairman of Al Mal Capital PSC, Board member of National General Insurance PJSC, Board Member of Islamic Bank of Asia (Limited) IBA Singapore, Board Member of Arcapita Investment Management BSC Bahrain and Board Member of Ajman Bank PJSC, Ali Fardan Ali Al Fardan has significant experience in Real Estate Management, Property Investments, Capital Investment Management and Hospitality Management. Explore the district beyond the office, 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. More than shopping,DIFCis about games and winning too. Investment Corporation of Dubai - EverybodyWiki Bios & Wiki H.E. The ruler of Dubai on Saturday issued decrees to restructure the boards of the emirate's sovereign wealth fund Investment Corporation of Dubai (ICD) and state-owned developer Meydan City Corporation. [26][27], In November 2019 ICD inked a deal with India-based Reliance to buy its stake in Reliance Nippon Life Asset Management Ltd.[28], The Crown Prince of Dubai and Chairman of Dubai Executive council Sheikh Hamdan bin Mohammed bin Rashid al Maktoum is Chairman of ICD. The Board of the Investment Corporation of Dubai (ICD) approved ICDs consolidated financial results for the six months ended 30th June, 2022. Beyond the Sky a meet and greet with Her Highness Sheikha Mozah bint Marwan Al Maktoum. He is married. Residential maintenance, and The Board primarily formulates the HKIC's investment strategies and mandate, and makes decisions on investment projects as well as ensures and upholds the . Under a presidential decree issued in December 2018, H.E. Members of the board include Sheikh Ahmed bin Saeed Al Maktoum,Reem bint Ibrahim Al Hashimy, Sultan bin Saeed Al Mansouri, Mohammed Ibrahim Al Shaibani,Abdulrahman Saleh Al Saleh, Mohammed Hadi Al Hussaini, andHelal Saeed Al Marri. H.E. Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. 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. Through its nine business divisions, Imdaad provides: Hard and soft facilities management and environmental services; Material recovery services; Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. Bilateral Trade. Investment Corporation of Dubai (ICD) is a sovereign wealth fund based in Dubai, United Arab Emirates. Explore the world-class ecosystem that will help your business thrive and grow. The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). Board of Directors - Ominvest [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. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. Welcome to Dubai. Sohail Al Mazrui has wide experience in Petroleum Engineering and executive experience in the Oil Industry. 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. Board of Directors | Brookfield Reinsurance upGrad appoints Dan Rosensweig to board of directors He served as the Interim Chief 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 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. [3] At the end of 2019, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. . Khalifa Al Daboos Deputy CEO. Reem bint Ibrahim Al Hashimi, as member; 4. 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. Huda Sayed Naim AlHashimi Director Mr. Jassim Mohammed Abdulrahim Al Ali Director Our vision is to provide impeccable quality by delivering superior management performance and top of the line services to our investors Ethics, Integrity, Accountability & Ownership , Work Excellence, Human Capital Asset and Innovation. Established in 2006, ICD is the principal investment arm of The Government of Dubai. He holds a Bachelor of Science in Civil Engineering and is a Chartered Civil Engineer. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Values. to a diverse range of art galleries and some of the citys best restaurants. Douraid Zaghouani - Chief Operating Officer - Investment Corporation of Glenn Sanford. Start new career by applying job advertisement of 04 March, 2023 in Dawn paper, application deadline of new career opportunity is 31 March, 2023 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. 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. (Archive Photo)https://t.co/W1b2cPQwJB pic.twitter.com/EZfMK89r01, Beta V.1.0 - Powered by automated translation, Investment Corporation of Dubai's 2019 profit jumps 17% on banking and transport investments, Investment Corporation first-half profit climbs as assets surge to a record. [12][13][14] The Government of Dubai transferred Dubai financial Market and Dubai International Financial Exchange to Borse Dubai which acquired interest in London Stock Exchange and Nasdaq OMX. ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. Base Dividend Increased to $0.41 Per Share, Reflecting Improved Earnings Power of Fidus' Portfolio. Medvedev ends Djokovic run to book Dubai final with Rublev _ga. 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. Executive Council: The Executive Council of the Emirate of Dubai. Presently, he is serving as Consul General of Pakistan at Dubai since August 2021. %PDF-1.5 Copyright 2023, Investment Corporation of Dubai. ICD offers a diverse work environment where all colleagues collaborate and contribute towards the achievement of the organisations goals and objectives, while living the ICDs Corporate Values of Excellence, Commitment, Sustainability, Integrity and Respect. Board of Directors | Leadership Team | Gulf Inland Bank CEO of Ithra Dubai Raad Jarrah Chief Development Officer Brett Lahner Chief Financial Officer Abdulla Al Qubaisi Executive Director - Operations Graham Wilson Executive Director - Contracts and Procurement Nicholas Andriotis Executive Director - Human Resources Lachlan Gyde Executive Director - Asset Management Faris Hadi Executive Council | The Executive Council Members Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. Investor Relations Board of Directors Under Decree No. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board .