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. Data Subjects or class of Data Subjects whose Personal Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. Under a presidential decree issued in December 2018, H.E. 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. [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. Huda Sayed Naim AlHashimi Director Mr. Jassim Mohammed Abdulrahim Al Ali Director Board Member since inception in 1995 and Vice Chairman of the Board since 2010. [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. He holds a Bachelors Degree in Electrical Engineering from Florida Institute of Technology, USA and a Management Degree from Cranfield School of Management, England. We strive to increase the value of our business while maintaining high ethical values and a commitment to the development of society through integrity and fair business practices. Abu Dhabi Investment Authority 211 Corniche, PO Box 3600 Abu Dhabi, United Arab Emirates Phone +971 2 415 . Explore the world-class ecosystem that will help your business thrive and grow. 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. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. Led the Bank's loan operations team in China restructuring state-owned enterprises, corporate governance reform, state asset management strategies, trade . Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Hamad Buamim Board Member Abdulla Hamad Al Shamsi Board Member Javier Marin Romano Board Member 13 February 2023 [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. China's National People's Congress (NPC), the country's top legislative body, begins its annual session on Sunday. Board of Directors. [25] In 2019 DAE became a wholly owned subsidiary of ICD. Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. 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 . He also chaired a number of committees, notably the VAT Committee at Dubai Customs. Abdul Rahman Saleh Al Saleh, as member; 7. Board Of Directors. 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. The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . All rights reserved. Soonyoung Chang has served as a director of Brookfield Reinsurance since November 2021. He is also the CEO and Executive Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. GFH Capital Dubai, Al Areen Holding Company, and EAT app Qualification: BSc and BA in Marketing from Suffolk University, Boston, Massachusetts - USA . DNFBP: Mohammed Ibrahim Al Shaibani will serve as the Managing Director. H.H. 4 0 obj
Incorporation PJC: H.E. Reem bint Ibrahim Al Hashimi, as member; 4. The Board primarily formulates the HKIC's investment strategies and mandate, and makes decisions on investment projects as well as ensures and upholds the . Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . endobj
[5] Contents 1 History 2 Governance 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. He is currently the Director in the Ministry of Foreign Affairs and International Cooperation. 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. endobj
An exhibition was also held on the sidelines of the forum. He holds a Bachelor of Science in Management and Information System. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w 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. 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. x]Yo8~7 K @EyCnL|N&?iZbI6@n6XX,Rby~z]o:?i?n^Q{M#[?\Zo?ot Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. Qualification: . 2hQ(GB3k/)"VK|24)
'TjEe=m{+xkkkr)>rOsTr_" SP^n] Board of Directors Hisham Ahmed Al Rayes Chairman (Non-Independent and Executive) . Over these years, the Group has strengthened its businesses, rolled out strategic tactics, maintained consistency, created value, delivered sustainable returns and enhanced resilience, capitalising on the lucrative opportunities and carving a solid foundation for the long-term future. 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. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. In this role, he supports the CEO in corporate strategy. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. Board member since inception in 1995 and Chairman of the Board since 2010. 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. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. He is currently the Vice Chairman of Al Fardan Group, Managing Director of Al Fardan Real Estate, CEO of First Investor LLC, Board Member of Al Mal Capital PSC and Board Member of Commercial Bank of Dubai PJSC, Mohamed Al Ketbi has experience in Investments & Projects, Real Estate and Hospitality sectors. 2 min read. Since early 2002, Glenn Sanford has been actively involved in the online real estate space. This button displays the currently selected search type. 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. Description. ICD: The Investment Corporation of Dubai. Residential maintenance, and He comes on board as an independent non-executive director and joins the current senior representatives from Singapore-based investor Temasek and International Finance Corporation . The DIFC is more than just a world-class financial centre. to a diverse range of art galleries and some of the citys best restaurants. ICD focuses its CSR activities in the areas of education and innovation. Investment Corporation of Dubai (ICD) is a sovereign wealth fund based in Dubai, United Arab Emirates. Looks like you may be taking time to decide. 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. Yb 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. The company also has a significant presence in neighbouring Oman, and is currently expanding its footprint in Saudi Arabia, Qatar, and Egypt. Board of Directors Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Gulf Inland Bank . All rights reserved. Al Qubaisi sits on other company boards and is the Chairman of Emirates Refreshment Company, Vice Chairman of Emirates Modern Poultry Company (Al Rawdah) and a board member at Aswaaq. 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. 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. ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. (AP Photo/Salvador Melendez), FILE - Mille Porsild and her dog team pass by Camp Flamingo on the Susitna River during the start of the Iditarod Trail Sled Dog Race north of Willow, Alaska, on March 7, 2021. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. Board Member Khalifa Hassan Abdulla Al Daboos. Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. <>
Jan 1994 - Jun 200814 years 6 months. 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. [18] In 2012 ICD acquired Smartstreams Technologies group limited and controlling stake in Dubai Aerospace Enterprise (DAE). Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. In light of the global developments and the UAE's strategic plans, and in line with the State's policy to promote economic diversification,. [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. 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. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. endobj
H.E. Number of Employee Profiles 3. Khalid Bin Kalban has extensive experience in manufacturing, industrial, financial investments and real estate sectors. Log-in now to access a number of services available to our clients and visitors at the click of a button. Established in 2006, ICD manages a broad portfolio of assets, both locally and internationally, across a wide spectrum of sectors that support Dubai's dynamic economy. 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. CEO: The chief executive officer of the ICD. Experts. Since 1998, H.E. 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.
