investment corporation of dubai board of directors

2hQ(GB3k/)"VK|24) 'TjEe=m{+xkkkr)>rOsTr_" SP^n] 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. Let's explore! The DIFC is more than just a world-class financial centre. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. 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. Investment Corporation of Dubai (Investment Company) 2,097,000,216: 29.0%: Yahya Saeed Ahmad Nasser Lootah . He holds a Bachelor of Science in Civil Engineering and is a Chartered Civil Engineer. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Dubai skyline. Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. The Rulers Court is the Prime Government Body of Dubai, U.A.E. 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 Presently, he is serving as Consul General of Pakistan at Dubai since August 2021. [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. 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. Base Dividend Increased to $0.41 Per Share, Reflecting Improved Earnings Power of Fidus' Portfolio. Copyright 2023 DIFC. Mohammed Al Shaibani is the Chairman of Dubai Islamic Bank. 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. Board Member since inception in 1995 and Vice Chairman of the Board since 2010. His Excellency Helal Saeed Almarri is the Director General of the Dubai Department of Tourism and Commerce Marketing (DTCM). Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. In 2019, ICD's total assets passed the Dh1 trillion mark, growing by 27.5 per cent to Dh1.12tn. Board of Directors. 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. (24) of 2020 on the Board of Directors of the . The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. H.H. Our Investment strategy is anchored by key guiding principles: Fundamentals Value Creation Diversification Timing Our Board Chimera Investment is led by a team of highly resourceful and talented directors who bring market depth and decades of investment experience to the table. Members of the board: Name: Title: Age: Since: Mohammad Al-Shaibani: Chairman--Ahmad Mohammad Saeed bin Humaidan: Director--Yahya Saeed Ahmad Nasser Lootah: Vice Chairman--Hamad Al-Shamsi: Director--Abdulaziz Al-Muhairi: Director-- . In 2019, Al Saleh was appointed as a board member of the Investment Corporation of Dubai (ICD), while in 2021 he was appointed the Chairman of the Rochester Institute of Technology, Dubai Board of Directors. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. io`fC,Y:*Qa;pe{xKic{]AEn]q3#]x)8]`rh\z'"scw%X-r;@a 6];OZx|MPwj|;~e|koj_&vcLGP|~=l:QawCJ#HE1J];55xiUP$Y*9~zaO._AsXo(H;qq/O+%1qr @e?$D aJbeZ0` :w fb*9VhC}W;eJ if$B2({y*R:\DI,D)`46RA;*|q 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. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae. Sultan bin Saeed Al Mansouri, as member; 5. Qualification: . Subscribe to our mailing list to get the updates to your email inbox. We grew . At the Meydan City Corporation, theMeydan racecourse is the centrepiece offering a full season of horseracing, the highlight of which is the worlds richest raceday, the Dubai World Cup. Indian businessmen and traders have contributed significantly to the . Copyright 2023, Investment Corporation of Dubai. Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. H.E. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w Board of Directors Hisham Ahmed Al Rayes Chairman (Non-Independent and Executive) . Chairman of the UAEIIC. DNFBP: to a diverse range of art galleries and some of the citys best restaurants. He is also the Vice Chairman of the Supreme Fiscal Committee of Dubai which oversees the Emirate's fiscal policies, and is a member of Dubai's Executive Council, an entity charged with supervising . Douraid Zaghouani is Chief Operating Officer of ICD, the principal investment arm of the Government of Dubai ($309 Billion AUM). 1. <> Through its nine business divisions, Imdaad provides: [3] At 2022, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. Imdaad - Investment Corporation of Dubai Imdaad Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. NEW YORK, March 01, 2023--BlackRock Capital Investment Corporation (NASDAQ:BKCC) ("BCIC" or the "Company," "we," "us" or "our") announced today that its Board of Directors declared a quarterly . 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. Abdul Rahman Saleh Al Saleh, as member; 7. Directors: MOHAMMED BIN RASHID AL MAKTOUM until 15 December 2020. 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 Dubai's strategic development. Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin About the Rwanda Development Board By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. [5] Contents 1 History 2 Governance Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum is its vice chairman. Nader Bekhouche Principal. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . 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. Douraid Zaghouani Chief Operating Officer. Mohammed Al Shaibani is the Director General of H.H. EITC Board contributes towards developing strategy aspiring to create and shareholder value, confidence and maintain sustainability. We know that a supportive business environment is key to helping your company thrive. 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. Mohammed Al Shaibani is the Director General of H.H. Investment Corporation of Dubai owns more than Dh1 trillion in assets, including Emirates National Oil Corporation. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . Mohammed Ibrahim Al Shaibani will serve as the managing director. [5] History [ edit] F, China's National People's Congress (NPC), the country's top legislative body, begins its annual session on Sunday. 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. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, as vice chairman; 2. Read Full Bio. He holds a Bachelor Degree in Business Administration majoring in Business Management and currently holds the following positions: Board member of AHI Carrier FZC, Vice Chairman of Danat El Emarat Hospital Project, Board Member of Marka PJSC and Board Member of Al Mal Capital PJSC. Yahya Saeed Ahmad Nasser Lootah Vice Chairman Board of Directors Hamad Abdulla Rashed Obaid Al Shamsi Board Member Ahmad Mohammad Saeed Bin Humaidan Board Member Abdul Aziz Ahmed Rahma Mohamed Al Muhairi Board Member H.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. "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 . . Mr. This button displays the currently selected search type. His Excellency has been a member of the Board of Directors of the Dubai . 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. Ares Private Equity Group and Chief Financial Officer and Treasurer of Ares Commercial Real Estate Corporation: Investment Professionals: Finance and Accounting: Washington D.C . . 3 0 obj This site is maintained by Department of Finance. x]Yo8~7 K @EyCnL|N&?iZbI6@n6XX,Rby~z]o:?i?n^Q{M#[?\Zo?ot Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. Chairman: The chairman of the Board of Directors. 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. 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. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. 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. 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. Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. Our business performance is also a result of the strong and positive relationships with our stakeholders. H.E. He started his professional life with the Dubai Ports Authority & Jebel Ali Free Zone where he worked for seven years. Copyright 2023, Investment Corporation of Dubai. After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. The Rulers Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). 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. H.E. All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. 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. The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. Executive Council: The Executive Council of the Emirate of Dubai. Description. Sheikh Mohammed also issued Decree No. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. 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. ;H6+nOC|ejUv(Ocn(?ici0\m. We will keep you informed on the items that matter to you most. Established in 2006, ICD is the principal investment arm of The Government of Dubai. 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. Sign up to our mailing list and we will keep you informed on the items that matter to you most. 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. Glenn Sanford. By embracing change and innovation, Dubai offers an exceptional and exemplary model to emulate for shaping the new world economic paradigm. %PDF-1.5 He has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. You have requested to send this page to your email. H.E. All rights reserved. Board of Directors Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Gulf Inland Bank . endobj Reem bint Ibrahim Al Hashimi, as member; 4. National Bond Corporation becomes a subsidiary of ICD in the year 2010. ICD: The Investment Corporation of Dubai. The Board primarily formulates the HKIC's investment strategies and mandate, and makes decisions on investment projects as well as ensures and upholds the . 2 min read. Come to the Centre and be surprised. Explore Investment Corporation of Dubai public register. The site is best viewed using IE10 and above, Mozilla Firefox, Safari and Chrome. % In a contest where the players put their early season win streaks on the line, it was Rotterdam and .

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