Subscribe to our mailing list to get the updates to your email inbox. Syed Salman Rashid holds a Bachelor's Degree from Karachi University and is a Certified Director from Pakistan Institute of Corporate Governance. Incorporation PJC: H.E. 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. Mr. Hesham Abdulla Qassim Al Qassim Vice Chairman and Managing Director Mr. Buti Obaid Buti Al Mulla Director H.E. 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. Glenn Sanford. 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. Director: Board of Directors: Director-Mark: Affolter: . Our corporate structure | IDB Invest 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 The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Al Mesmar is a graduate in Business Administration from the Higher Colleges of Technology. The Rulers Court is the Prime Government Body of Dubai, U.A.E. 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. Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). (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. He holds a Bachelors Degree in Economics from Cairo University and Diploma in Banking and Financial Studies from New York. He holds a Bachelors Degree in Electrical Engineering from Florida Institute of Technology, USA and a Management Degree from Cranfield School of Management, England. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. stream The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. 9x-m}w_:^Mb>PN~ KTQv$$GYa7i 3)hcr(HBlrv0p#RH2$ %)4k&1!VJwxb%oKYJX^d #vpUE7H=>Dta+xMYW6`GE`*&ISJ@8Ak'~(,yA 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. 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. endobj Chairman of the UAEIIC. eXp World Holdings Reports Q4 and Full-Year 2022 Results Chairman - Nakheel Since early 2002, Glenn Sanford has been actively involved in the online real estate space. Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. H.E. 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. 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 - Public Register | DIFC "We are proud to record ICD's best-ever financial performance during the first half of a year, underscoring Dubai's position as one of the world's most dynamic, resilient, and future-ready . 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. 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. Mohammed Al Shaibani is the Director General of H.H. H.E. Rudine Mottaghian - Member of The Board of Advisors - LinkedIn Sign up to our mailing list and we will keep you informed on the items that matter to you most. ICD invests in a variety of sectors, with a particular focus on the financial services and transportation industries. The DIFC is more than just a world-class financial centre. Sindh Police Driver Police Constable Jobs 2023 via STS SIBA (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . a*5Vuy`Ub;q$7O6;H4 Z9Pl';D.`36#Z=jdU=>oEX%\ZdZsp8NQmqREiWiHwObxe Ojdt",MqQ5(YH{$ Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. This button displays the currently selected search type. Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. The Financial Secretary, Mr Paul Chan, chaired the first meeting of the Board of Directors (Board) of the Hong Kong Investment Corporation Limited (HKIC) as its Chairman today (February 28). BOARD OF DIRECTORS - DAE - Dubai Aerospace is member of the Executive Council of Dubai, and Dubai's Strategic Affairs Council. [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. The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. Douraid Zaghouani - Chief Operating Officer - Investment Corporation of 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. Established in 2006, ICD is the principal investment arm of The Government of Dubai. Presently, he is serving as Consul General of Pakistan at Dubai since August 2021. 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. Copyright 2023, Investment Corporation of Dubai. Looks like you may be taking time to decide. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. First meeting of Board of Directors of Hong Kong Investment Corporation Investment Corporation of Dubai revenue up 61% at Dh121.1 billion in Listed on the Dubai Financial Market in 2000, Dubai Investments has 15,482 shareholders with a share capital of AED 4.25 billion. 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. Copyright 2023, Investment Corporation of Dubai. By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. Sheikh Mohammed issues decrees on the boards of Investment Corporation His Highness Sheikh Mohammed bin Rashid also issued Decree No. 2015 the Supreme Legislation Committee in the Emirate of Dubai National Bond Corporation becomes a subsidiary of ICD in the year 2010. 2hQ(GB3k/)"VK|24) 'TjEe=m{+xkkkr)>rOsTr_" SP^n] Board Of Directors | Emirates NBD We know that a supportive business environment is key to helping your company thrive. 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. Board Member since 1998. Board of Directors | DFSA | THE INDEPENDENT REGULATOR OF FINANCIAL SERVICES Bilateral Trade. Under the Mubadala Delegation of Authority, the Board delegates aspects of its authority for executive management to the Group Chief Executive Officer and Managing Director, Khaldoon Khalifa Al Mubarak, as well as to Mubadala's Investment Committee. Sohail Al Mazrui has wide experience in Petroleum Engineering and executive experience in the Oil Industry. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. 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. 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. [3] At 2022, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. Pierre-Andr de Chalendar Chairman of the Board of Directors of Compagnie de Saint-Gobain Benoit Bazin Chief Executive Officer of Compagnie de Saint-Gobain Director Jean-Franois Cirelli Independent Director Chairman of the Nomination and Remuneration Committee Lydie Cortes Employee Director Member of the Nomination and Remuneration Committee DIFC Higher Board and Board of Directors | DIFC ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. ICD has been mandated to enable the globalization and privatization of these iconic brands. A resident of Dubai, UAE, Dr. Chang serves as Senior Advisor to the Investment Corporation of Dubai, providing strategic counsel and lending his global perspective to the investment arm of the Dubai Government. [21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Investment Corporation of Dubai - Wikipedia Khalid Muhammad AlZubair Chairman Sheikh Khalid Abdullah Al Khalili Deputy Chairman Engineer Jamal Shamis Al Hooti Director Brigadier Jamal Said Al Tai 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. Log-in now to access a number of services available to our clients and visitors at the click of a button. Qualification: . Data Subjects or class of Data Subjects whose Personal The Middle East's Top 10 Investment Companies | APN News 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. Board of Directors: The board of directors of the ICD. . Message Secretary General. 25 of 2020 on the Board of Directors of the Meydan City Corporation. DNFBP: Board of Directors - Ominvest Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. This site is maintained by Department of Finance. _ga. Come to the Centre and be surprised. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). H.E. Director General Profile - DOF-Dubai Government More than a world-class financial centre, DIFC is also a vibrant community of retail and lifestyle. Previously, H.E. He also chaired a number of committees, notably the VAT Committee at Dubai Customs. Visit Dubai - Official Tourism Board in Dubai - Welcome to Dubai During 2021 the Committee members were: Charles Flint KC (Chairman) Abdul Wahid Al Ulama; Julie Dickson [18] In 2012 ICD acquired Smartstreams Technologies group limited and controlling stake in Dubai Aerospace Enterprise (DAE). Website Privacy Policy and Privacy Notice. Investment Corporation of Dubai - EverybodyWiki Bios & Wiki Douraid Zaghouani Chief Operating Officer. Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. Our business performance is also a result of the strong and positive relationships with our stakeholders. A leading first-of-its-kind UAE-based investment company, Dubai Investments was incorporated in 1995. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. 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. 2 min read. He holds a degree in Business Management from USA and is a Management Major from Metropolitan State College, USA. [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. 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. H.H. to a diverse range of art galleries and some of the citys best restaurants. Dubai Investments Real Estate ICD, the principal investment arm of the emirates government, reported a 17 per cent increase in net profit for 2019 following a strong performance from investments in banking and financial services as well as transportation businesses. Investment Corporation of Dubai Number of Employee Profiles 3. The board typically meets at. Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. Consulate General of India - Dubai : Trade & Commerce 4 0 obj 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. 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.