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 MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . Qp`mQ-2B$apMp,t^|EA\WQz~ys-o'E]~Kr-;`yxIxrK|[4$K53f*5G6Ua@`n't 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. Under Decree No. Chairman: The chairman of the Board of Directors. (Bill Roth/Anchorage Daily News via AP, Pool), Trkiye's Inflation Seen Falling to 55% In February, Saudi-Japanese Feasibility Study for Producing Clean Hydrogen for Local, Intl Markets, Saudi Arabia Ranks First among G20 Countries in Productivity Growth, Saudi Aramco Acquires Valvoline Inc. This site is maintained by Department of Finance. He is also a Business graduate from School of Business, University of Pittsburg, USA. [29], ICD's portfolio primarily includes businesses and assets either wholly or partially owned by the Dubai Government. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w 9x-m}w_:^Mb>PN~ KTQv$$GYa7i 3)hcr(HBlrv0p#RH2$ %)4k&1!VJwxb%oKYJX^d #vpUE7H=>Dta+xMYW6`GE`*&ISJ@8Ak'~(,yA [3] At the end of 2019, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. Qualification: . Explore Investment Corporation of Dubai public register. He is a member of the Executive Council of Dubai, a member of the Board of Directors of the Investment Corporation of Dubai and also the Director General of the Dubai World Trade Centre Authority (DWTCA). 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. About the Rwanda Development Board Board Member since inception in 1995 and Vice Chairman of the Board since 2010. Website Privacy Policy and Privacy Notice. Description. (24) of 2020 on the Board of Directors of the . Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . His Excellency has been a member of the Board of Directors of the Dubai . His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. Search latest Sindh Police jobs online. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. . March 4, 2023 12:19 pm. 3 0 obj The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. China's National People's Congress (NPC), the country's top legislative body, begins its annual session on Sunday. H.H. Explore the world-class ecosystem that will help your business thrive and grow. In addition, His Excellency is CEO and Executive Director of the Investment Corporation of Dubai (ICD); Chairman of Mohammed bin Rashid Housing Program; Vice Chairman of Deira Investment Company; and a member of the Board of Directors of Dubai Aerospace Enterprise. Yb Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin to a diverse range of art galleries and some of the citys best restaurants. Sheikh Ahmed bin Saeed Al Maktoum President of the Department of Civil Aviation, CEO of The Emirates Group and Chairman of Dubai World 2 0 obj 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 $700 million listed in May 2014. Sheikh Mohammed also issued Decree No. Indian businessmen and traders have contributed significantly to the . The Dubai Ruler's Court, a prime government body of the Emirate. Copyright 2023, Investment Corporation of Dubai. Jan 1994 - Jun 200814 years 6 months. Celebrate success with a business lunch or dinner with family at some of Dubais best restaurants inDIFC., Stay up-to-date with DIFCs response to Covid-19. In order to support the longterm economic prosperity of Dubai and the objectives of the Governments economic development strategy, ICDs investment strategy is focused on optimising its return on equity and ensuring the continued growth and longterm prosperity of the Dubai economy. Start new career by applying job advertisement of 04 March, 2023 in Dawn paper, application deadline of new career opportunity is 31 March, 2023 Hard and soft facilities management and environmental services; Douraid Zaghouani Chief Operating Officer. Bilateral Trade. In this capacity he was based in London for eight years and he now oversees the functioning of this office from Dubai. 1 0 obj Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. Copyright 2023, Investment Corporation of Dubai. Investment Corporation of Dubai owns more than Dh1 trillion in assets, including Emirates National Oil Corporation. ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. @2>K| "^tqk$>){oBdn The company also has a significant presence in neighbouring Oman, and is currently expanding its footprint in Saudi Arabia, Qatar, and Egypt. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. <> H.H. H.E. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. Abu Dhabi Investment Authority 211 Corniche, PO Box 3600 Abu Dhabi, United Arab Emirates Phone +971 2 415 . EVANSTON, Ill., March 02, 2023 (GLOBE NEWSWIRE) Fidus Investment Corporation (NASDAQ:FDUS) ("Fidus" or the "Company"), a provider of customized debt and equity financing solutions, primarily to . Data Subjects or class of Data Subjects whose Personal Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. ;H6+nOC|ejUv(Ocn(?ici0\m. CEO: The chief executive officer of the ICD. Sultan bin Saeed Al Mansouri, as member; 5. 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. Designated Non-Financial Businesses and Professions. Come to the Centre and be surprised. Al Saleh was appointed as Vice Chairman of the Board of Directors of the United Arab Emirates Central Bank. H.E. Residential maintenance, and Number of Employee Profiles 3. [6][7][8], In 2007, the Government of Dubai transferred the majority stake in Emirates Bank International (EBI), National Bank of Dubai (NBD), Dubai World Trade Center, Emirates National Oil Company,[9] Emirates Global Aluminium, Borse Dubai, Emirates Airlines,[10] dnata and CBME to Investment Corporation of Dubai. Other position holders include board members. 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. Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). 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. Director: Board of Directors: Director-Mark: Affolter: . 2015 the Supreme Legislation Committee in the Emirate of Dubai Abdul Rahman Saleh Al Saleh, as member; 7. Looks like you may be taking time to decide. (25) of 2020 regardingthe board of directors of Meydan City Corporation. 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. The purpose of the fund is to generate a better return on investment, in a way that will benefit the regional financial community. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Board Member since 1998. H.H. [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. endobj Executive Committee. Huda Sayed Naim AlHashimi Director Mr. Jassim Mohammed Abdulrahim Al Ali Director % (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. Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. H.E. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. Experts. Kiernan also serves as an independent director on the boards of Empress Royalty, Soma Gold Corp., Altaley Mining Corporation and as a Board Member Consultant to the BC Energy Regulator. [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. Sarah Dea / The National. EITC Board contributes towards developing strategy aspiring to create and shareholder value, confidence and maintain sustainability. Click here to subscribe to our free newsletter, Copyright: 1978 - 2020 H H Saudi Research and Marketing LTD, All Rights Reserved And subject to Terms of Use Agreement, https://english.aawsat.com/home/article/4017986/board-investment-corporation-dubai-announce-record-financial-results-h1-2022, Board of the Investment Corporation of Dubai Announce Record Financial Results for H1 2022, General view of Sheikh Zayed Road in Dubai, United Arab Emirates, December 29, 2018. Investment Corporation of Dubai (Investment Company) 2,097,000,216: 29.0%: Yahya Saeed Ahmad Nasser Lootah . Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. 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. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. 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. ICD focuses its CSR activities in the areas of education and innovation. Mubadala's Board members include some of the UAE's most senior public . Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. [18] In 2012 ICD acquired Smartstreams Technologies group limited and controlling stake in Dubai Aerospace Enterprise (DAE). Sohail Al Mazrui has wide experience in Petroleum Engineering and executive experience in the Oil Industry. He is also the CEO and Executive Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. [3] At 2022, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. stream In the UAE, Imdaad continues to enjoy significant market share with a large base of diverse clients across various sectors. This button displays the currently selected search type. Mohammed Al Shaibani is the Director General of H.H. Mohamed Hadi Ahmed Abdulla Al Hussaini Director Mr. Ali Humaid Ali Abdalla Al Owais Director Mr. Salem Mohammed Obaidalla Director H.E. Board of Directors Declared Total Dividends of $0.66 per Share for First Quarter 2023. 2 years. 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. . H.E. In 2019, ICD's total assets passed the Dh1 trillion mark, growing by 27.5 per cent to Dh1.12tn. By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement. (Reuters), Israel Tells Top US General It Sees Need to Cooperate against Iran, EU Diplomat Demands Accountability Following Israeli Settler Rampage in West Bank, Ericsson to Pay $206 Mln over Corruption Case in Iraq, US Sending Bridge-launchers to Ukraine for Spring Fight, Earthquakes Caused $5.1 Bln in Damage in Syria, World Bank Estimates, Saudi Arabia Bolsters Private Sector Partnership to Achieve Economic Sustainability, Saudi Arabia to Support Sudan Until It Overcomes Exceptional Circumstances, Archbishop of Vienna Stresses Importance of Makkah Document in Confronting Hatred, Saudi Green FlagA Symbol of Unity, Sovereignty, Tennis - ATP 500 - Mexican Open - Arena GNP Seguros, Acapulco, Mexico - March 3, 2023 Tommy Paul of the US in action during his semi final match against Taylor Fritz of the US REUTERS/Henry Romero, Security officers march in formation outside the Great Hall of the People in Beijing, Saturday, March 4, 2023. In a contest where the players put their early season win streaks on the line, it was Rotterdam and . Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. <>/ExtGState<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI] >>/MediaBox[ 0 0 595.5 842.25] /Contents 4 0 R/Group<>/Tabs/S/StructParents 0>> Copyright 2023 All rights reserved. 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. F, Since early 2002, Glenn Sanford has been actively involved in the online real estate space. 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. 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. Since 1998, H.E. The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). Khalid Bin Kalban has extensive experience in manufacturing, industrial, financial investments and real estate sectors. After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. endobj 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 In this role, he supports the CEO in corporate strategy. 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. 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. 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. Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. May I help you with something? Listed on the Dubai Financial Market in 2000, Dubai Investments has 15,482 shareholders with a share capital of AED 4.25 billion. H.E. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). He also chaired a number of committees, notably the VAT Committee at Dubai Customs. Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. H.E. Board of Directors Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Gulf Inland Bank .

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