Website Privacy Policy and Privacy Notice. Investor Relations Board of Directors He is currently the Director in the Ministry of Foreign Affairs and International Cooperation. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). Glenn Sanford. Come to the Centre and be surprised. Dubai Investments is supported by a visionary leadership and management guiding its growth. [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 Rulers Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). from a carefully curated collection of retailers, A leading first-of-its-kind UAE-based investment company, Dubai Investments was incorporated in 1995. Board of Directors - #1 Quality Cement in Pakistan - Power Cement We will keep you informed on the items that matter to you most. . Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. 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. Sheikh Mohammed issues decrees on the boards of Investment Corporation (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . For better web experience, please use the website in portrait mode. Dubai Investments Real Estate Careers - Investment Corporation of Dubai PDF Law No. (11) of 2006 Establishing the Investment Corporation of Dubai Other position holders include board members. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. Board Member since 1998. Previously, H.E. Muzaffar Ismailov on LinkedIn: Tashkent to receive $1 bln of investment Board of Directors Hisham Ahmed Al Rayes Chairman (Non-Independent and Executive) . He holds a degree in Business Management from USA and is a Management Major from Metropolitan State College, USA. Board Member Khalifa Hassan Abdulla Al Daboos. Incorporation PJC: H.E. Copyright Department of Finance 2016, All Rights Reserved. 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. Douraid Zaghouani - Chief Operating Officer - Investment Corporation of 25 of 2020 on the Board of Directors of the Meydan City Corporation. In light of the global developments and the UAE's strategic plans, and in line with the State's policy to promote economic diversification,. Mohammed Ibrahim Al Shaibani will serve as the Managing Director. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . Energy and waste collection management solutions; <>
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%)4k&1!VJwxb%oKYJX^d #vpUE7H=>Dta+xMYW6`GE`*&ISJ@8Ak'~(,yA 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. H.H. 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. Commercial and Industrial facilities under management, Waste recycled through segregation programme. Search latest Sindh Police jobs online. 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. Copyright 2023, Investment Corporation of Dubai. This site is maintained by Department of Finance. Board of Directors - ADIA Investment Corporation of Dubai - EverybodyWiki Bios & Wiki Description. Board of Directors Declared Total Dividends of $0.66 per Share for First Quarter 2023. Mubadala's Board members include some of the UAE's most senior public . Welcome to Dubai. [29], ICD's portfolio primarily includes businesses and assets either wholly or partially owned by the Dubai Government. 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. 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. 2 years. . 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. Residential maintenance, and H.E. GFH Capital Dubai, Al Areen Holding Company, and EAT app Qualification: BSc and BA in Marketing from Suffolk University, Boston, Massachusetts - USA . 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. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, Vice President and Prime Minister of the UAE issued Decree No. 1 0 obj
Medvedev ends Djokovic run to book Dubai final with Rublev Copyright 2023 DIFC. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board, according to a tweet by the Dubai government's media office. 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. Directors: MOHAMMED BIN RASHID AL MAKTOUM until 15 December 2020. 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. Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. You have requested to send this page to your email. 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 . Board of the Investment Corporation of Dubai Announce Record Financial n9RH"4/R 4pvNvn;"vD)HJI`n(aG,' Listed on the Dubai Financial Market in 2000, Dubai Investments has 15,482 shareholders with a share capital of AED 4.25 billion. 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. More than a world-class financial centre, DIFC is also a vibrant community of retail and lifestyle. Investment Corporation of Dubai - Wikipedia Harry G. Broadman - Chair, Board of Directors - LinkedIn 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 [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. 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 . 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 . 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. We grew . 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. 10 most influential people in the United Arab Emirates Our Team | Ares Management 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. The exceptional results are a manifestation of Sheikh Mohammed bin Rashids vision to ensure that Dubai remains at the forefront of championing global economic recovery," he said. The Decrees are effective from their date of issuance and will be published in the Official Gazette. H.H. Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin Khalid Bin Kalban is the Managing Director and Chief Executive Officer of DI. Board Member since inception in 1995 and Vice Chairman of the Board since 2010. 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. [5] Contents 1 History 2 Governance BUILDING MATERIALS, CONSTRUCTION & CONTRACTING. H.E. 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. Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. 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. By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. CEO: The chief executive officer of the ICD. He also chaired a number of committees, notably the VAT Committee at Dubai Customs. Sign up to our mailing list and we will keep you informed on the items that matter to you most. 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. 2 min read. Sheikh Mohammed also issued Decree No. _ga. Read Full Bio Chief Executive Officer Ahmad Bin Fahad. H.E. 4 0 obj
The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. 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 . 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. [3] At 2022, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. 2hQ(GB3k/)"VK|24)
'TjEe=m{+xkkkr)>rOsTr_" SP^n] About the Council. 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-- . About Ithra Dubai - Ithra Dubai Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. 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). Executive Council: The Executive Council of the Emirate 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. The Rulers Court is the Prime Government Body of Dubai, U.A.E. Under Decree No. BlackRock Capital Investment Corporation Reports Financial Results for 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. Board of Directors | Leadership Team | Dubai Islamic Bank We know that a supportive business environment is key to helping your company thrive. Mohammed Al Shaibani is the Director General of H.H. He holds a degree in Petroleum Engineering and is currently the Vice Chairman of Invest Bank, A LEADING FIRST-OF-ITS-KIND UAE-BASED INVESTMENT COMPANY. Board of Directors | Corporate Governance | Investor relations - du Mr. Board of Directors | Mubadala - Mubadala Investment Company Explore Investment Corporation of Dubai public register. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. Sindh Police Driver Police Constable Jobs 2023 via STS SIBA 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. Investment Corporation of Dubai Dear partners, friends, and colleagues, I am super proud to announce, eData had a fantastic year, challenging but its best since 2008! 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. H.E. <>
(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.