investment corporation of dubai board of directors
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. 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. Dubai Investments is supported by a visionary leadership and management guiding its growth. Green Impact Partners Welcomes New Independent Board Member H.H. All rights reserved. Visit Dubai - Official Tourism Board in Dubai - Welcome to Dubai Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. Listed on the Dubai Financial Market in 2000, Dubai Investments has 15,482 shareholders with a share capital of AED 4.25 billion. Message Secretary General. His Highness Sheikh Mohammed bin Rashid also issued Decree No. May I help you with something? AHMED HUMAID AL TAYER until 11 November 2012. 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 Read Full Bio. 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. H.H. 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He is also a Business graduate from School of Business, University of Pittsburg, USA. Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. Material recovery services; Khalid Muhammad AlZubair Chairman Sheikh Khalid Abdullah Al Khalili Deputy Chairman Engineer Jamal Shamis Al Hooti Director Brigadier Jamal Said Al Tai Director (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. Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). 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. Board of Directors - #1 Quality Cement in Pakistan - Power Cement Mohammed Ibrahim Al Shaibani will serve as the Managing Director. Sheikh Hamdan attributed the exceptional performance to the vision and encouragement of Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, to make Dubai one of the primary champions of global economic growth, state news agency WAM reported. Designated Non-Financial Businesses and Professions. Khalifa Al Daboos Deputy CEO. Mubadala's Board members include some of the UAE's most senior public . Board of Directors. Jan 1994 - Jun 200814 years 6 months. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. 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. H.H. 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. During 2021 the Committee members were: Charles Flint KC (Chairman) Abdul Wahid Al Ulama; Julie Dickson Since then, it has grown to become a major player in the economy of Dubai and the UAE, with prudent investments in diversified sectors and markets across the globe real estate, industrial, finance, healthcare and education among others. Under Decree No. Abu Dhabi Investment Authority 211 Corniche, PO Box 3600 Abu Dhabi, United Arab Emirates Phone +971 2 415 . Beyond the Sky a meet and greet with Her Highness Sheikha Mozah bint Marwan Al Maktoum. He holds a Bachelors Degree in Economics from Cairo University and Diploma in Banking and Financial Studies from New York. BlackRock Capital Investment Corporation Reports Financial Results for Welcome to Dubai. Sheikh Ahmed bin Saeed Al Maktoum President of the Department of Civil Aviation, CEO of The Emirates Group and Chairman of Dubai World Regional member countries Non-Regional member countries 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. Log-in now to access a number of services available to our clients and visitors at the click of a button. 2 min read. Board of Directors | Mubadala - Mubadala Investment Company Mohammed Ibrahim Al Shaibani will serve as the managing director. DUBAI ISLAMIC BANK P.J.S.C. : Shareholders Board Members Managers and The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . Sarah Dea / The National. The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. 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. BUILDING MATERIALS, CONSTRUCTION & CONTRACTING. H.E. Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. Who We Are - Dubai Investments [2], In 2009, the Dubai Government transferred Dubai Duty Free, Dubai Silicon Oasis Authority, Dubai Airport Free Zone Authority,[17] Emaratech, and Aswaaq to ICD. [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. 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. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. Base Dividend Increased to $0.41 Per Share, Reflecting Improved Earnings Power of Fidus' Portfolio. Access the DIFC Public Register for Information on the regulated and non-regulated companies within the district. 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. All rights reserved. stream In a contest where the players put their early season win streaks on the line, it was Rotterdam and . Al Mesmar is a graduate in Business Administration from the Higher Colleges of Technology. from a carefully curated collection of retailers, The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. 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). 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. Mohammed Ibrahim Al Shaibani, as member; 6. Let's explore! We know that a supportive business environment is key to helping your company thrive. As a group, we are focused on maintaining momentum and delivering consistent performance and our aim is to continue this phenomenal journey by embarking upon new ideas and innovations as the driving force behind emerging as a leading investment company across the region and beyond. 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. 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. According to Government of India figures, in FY 2015-16, trade between India and UAE crossed US$ 49bn, with Indian exports worth US$ 30bn to the UAE and US$ 19bn worth of UAE's exports to India, thus making UAE India's one of the top trading partner. 2 0 obj March 4, 2023 12:19 pm. Consulate General of India - Dubai : Trade & Commerce Board of Directors Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Gulf Inland Bank . [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. 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 Douraid Zaghouani - Chief Operating Officer - Investment Corporation of After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. 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-- . Description. 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). Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. <> ;H6+nOC|ejUv(Ocn(?ici0\m. Executive Council | The Executive Council Members 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. Copyright Emirates News Agency (WAM) 2020. Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. H.E. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. %PDF-1.5 Sheikh Mohammed issues decrees on the boards of Investment Corporation 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. Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. Net profit increased to Dh25 billion from the year-earlier period, it said in May. Working Group Committee. to a diverse range of art galleries and some of the citys best restaurants. Qp`mQ-2B$apMp,t^|EA\WQz~ys-o'E]~Kr-;`yxIxrK|[4$K53f*5G6Ua@`n't 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 . Board of directors and Committees | Saint-Gobain Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Investment Corporation of Dubai - Wikipedia 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. Description. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . 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. 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 Of Directors | Emirates NBD Incorporation PJC: H.E. 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. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. Dubai Islamic Bank Public Joint Stock Company, licensed & regulated by the Central Bank of the UAE. 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. 10 most influential people in the United Arab Emirates Executive Committee. In this role, he supports the CEO in corporate strategy. By embracing change and innovation, Dubai offers an exceptional and exemplary model to emulate for shaping the new world economic paradigm. [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. 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. [29], ICD's portfolio primarily includes businesses and assets either wholly or partially owned by the Dubai Government. 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 You have requested to send this page to your email. Dubai Investments is supported by a visionary leadership and management guiding its growth. 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. 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. 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.E. Board of Directors: What It Is, What Its Role Is - Investopedia Come to the Centre and be surprised. Sign up to our mailing list and we will keep you informed on the items that matter to you most. 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! The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Board Member of Gulf Investment Corporation GSC - State of Kuwait. ?V.0hVFFmz|>;2 Board of the Investment Corporation of Dubai Announce Record Financial - Resources Download photos from today's launch event here. 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. ICD focuses its CSR activities in the areas of education and innovation. 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. Board Member since inception in 1995 and Vice Chairman of the Board since 2010. <>>> Since 1998, H.E. He has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. Abdul Rahman Saleh Al Saleh, as member; 7. 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. [18] In 2012 ICD acquired Smartstreams Technologies group limited and controlling stake in Dubai Aerospace Enterprise (DAE).