About the Council. Read Full Bio. 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. Values. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae. Description. 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. 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. When expanded it provides a list of search options that will switch the search inputs to match the current selection. stream 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 . This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Imdaad - Investment Corporation of Dubai Imdaad Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. Khalid Bin Kalban has extensive experience in manufacturing, industrial, financial investments and real estate sectors. Board Of Directors. Executive Committee. Copyright 2023, Investment Corporation of Dubai. 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. Vice Chairman of the UAEIIC. Access the DIFC Public Register for Information on the regulated and non-regulated companies within the district. 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. The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. Qualification: . 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. Board of Directors. Looks like you may be taking time to decide. Website Privacy Policy and Privacy Notice. GFH Capital Dubai, Al Areen Holding Company, and EAT app Qualification: BSc and BA in Marketing from Suffolk University, Boston, Massachusetts - USA . endobj 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. DNFBP: Our business performance is also a result of the strong and positive relationships with our stakeholders. 3 0 obj Incorporation PJC: H.E. Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). 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. 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 [18] In 2012 ICD acquired Smartstreams Technologies group limited and controlling stake in Dubai Aerospace Enterprise (DAE). 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). Mr. These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. China's National People's Congress (NPC), the country's top legislative body, begins its annual session on Sunday. Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. (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. The Rulers Court is the Prime Government Body of Dubai, U.A.E. He holds a Bachelor of Science in Management and Information System. 25 of 2020 on the Board of Directors of the Meydan City Corporation. Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. He serves as a Board Member of Dubai World and Dubai Aerospace Enterprise (DAE) Limited, He is also the Vice Chairman of The Supreme Fiscal Committee of Dubai and the Deputy Chairman of Expo 2020 Dubai. Led the Bank's loan operations team in China restructuring state-owned enterprises, corporate governance reform, state asset management strategies, trade . <> 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. 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 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. 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. 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 . Get to know the people behind Dubai Investments' success: BOARD OF DIRECTORS Abdulrahman Ghanem A. Al Mutaiwee Chairman Khalid Jassim Mohamed Bin Kalban Vice Chairman and CEO Ali Fardan Ali Al Fardan Director Mohamed Saif Darwish Ahmed Al Ketbi Director Commercial and Industrial facilities under management, Waste recycled through segregation programme. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. 2 0 obj Material recovery services; He is currently the Director in the Ministry of Foreign Affairs and International Cooperation. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. Beyond the Sky a meet and greet with Her Highness Sheikha Mozah bint Marwan Al Maktoum. Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. Search latest Sindh Police jobs online. 2 min read. [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. 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 Douraid Zaghouani Chief Operating Officer. x]Yo8~7 K @EyCnL|N&?iZbI6@n6XX,Rby~z]o:?i?n^Q{M#[?\Zo?ot The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. [6][11], Last edited on 24 November 2022, at 01:38, Learn how and when to remove these template messages, Learn how and when to remove this template message, Sheikh Hamdan bin Mohammed bin Rashid al Maktoum, Maktoum bin Mohammed bin Rashid Al Maktoum, "ICD arm paid $2.2bln for AWAS leasing business, accounts show", "Investment Corporation of Dubai reports Dh25 billion net profit, up 16.9% year on year in 2019", "Dubai wealth fund readies bonds, COVID-19 may hit revenue", "Dubai's sovereign wealth fund posts record $63bn revenue in 2018", "Investment Corporation of Dubai and its subsidiaries", "The Middle East's 10 Biggest Sovereign Wealth Funds (For Now)", "ICD and Dubai South launch 'City of Trade' to connect global wholesale buyers and sellers", "Dubai's ICD Invests $300 Million in Nigeria's Dangote Cement", "Dubai sovereign wealth fund sees profits surge 62%", "Emirates Bank International (EBI) merger with National Bank of Dubai (NBD) - A valuation perspective", "Top 10 mergers and acquisitions of the two decade - Top national-bank-dubai-nbd-and-emirates-bank-international-ebi-merger | Lists | Business Chief EMEA", "Emirates Bank International, NBD to merge", "Nasdaq to acquire OMX in deal with Borse Dubai", "Investment Corporation of Dubai's 2019 profit jumps 17% on banking and transport investments", "Investment Corporation of Dubai takes control of National Bonds", "Dubai Aerospace Enterprise sells $750 million in five and a quarter years sukuk", "Two Builders Invested in by Middle Eastern Funds Show Starkly Different Performances", "Investment Corp of Dubai buys three international hotels", "Dubai's ICD Acquires Stakes In Three Hotels", "Investment Corporation of Dubai buys Montenegro yacht resort", "Investment Corporation of Dubai acquires Porto Montenegro Marina", "Investment Corporation of Dubai reports flat profit despite higher revenue", "Dubai's sovereign wealth fund lists $200m bond on Nasdaq", "ICD's performance makes case for 10-year Saudi sukuk, investors say", "UAE funds said to be in fray for Indian investment firm deal", https://en.wikipedia.org/w/index.php?title=Investment_Corporation_of_Dubai&oldid=1123494134, Abdulrahman Saleh Al Saleh (board member), This page was last edited on 24 November 2022, at 01:38. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. [25] In 2019 DAE became a wholly owned subsidiary of ICD. 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. Log-in now to access a number of services available to our clients and visitors at the click of a button. Pierre-Andr de Chalendar Chairman of the Board of Directors of Compagnie de Saint-Gobain Benoit Bazin Chief Executive Officer of Compagnie de Saint-Gobain Director Jean-Franois Cirelli Independent Director Chairman of the Nomination and Remuneration Committee Lydie Cortes Employee Director Member of the Nomination and Remuneration Committee All rights reserved. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. Stay up to date with the latest news, announcements and insights from across the Centre by visiting our Newsroom. 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. Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. 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 are always in pursuit of motivated and dynamic professionals, if you are looking for an opportunity to make a difference, please submit your CV. Previously, H.E. Soonyoung Chang has served as a director of Brookfield Reinsurance since November 2021. "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 . Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. 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. After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. All rights reserved. H.E. 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 . endobj ICD was established in 2006 to manage the government's portfolio of investments and companies. Read Full Bio Chief Executive Officer Ahmad Bin Fahad. A leading first-of-its-kind UAE-based investment company, Dubai Investments was incorporated in 1995. Investment Corporation of Dubai (ICD) is a sovereign wealth fund based in Dubai, United Arab Emirates. In a contest where the players put their early season win streaks on the line, it was Rotterdam and . [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. Dubai Islamic Bank Public Joint Stock Company, licensed & regulated by the Central Bank of the UAE. Latest job Sindh Police Driver Police Constable Jobs 2023 via STS SIBA, Sindh Police jobs, Government Security in Karachi, Sindh Pakistan for new vacancies driver police constable. Start new career by applying job advertisement of 04 March, 2023 in Dawn paper, application deadline of new career opportunity is 31 March, 2023 Board Member since inception in 1995 and Vice Chairman of the Board since 2010. ?V.0hVFFmz|>;2 CEO: The chief executive officer of the ICD. We know that a supportive business environment is key to helping your company thrive. Base Dividend Increased to $0.41 Per Share, Reflecting Improved Earnings Power of Fidus' Portfolio. In the UAE, Imdaad continues to enjoy significant market share with a large base of diverse clients across various sectors. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, Vice President and Prime Minister of the UAE issued Decree No. 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. Data Subjects or class of Data Subjects whose Personal Director: Board of Directors: Director-Mark: Affolter: . from a carefully curated collection of retailers, Through its nine business divisions, Imdaad provides: An exhibition was also held on the sidelines of the forum. 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. Edtech firm upGrad has announced the appointment of Dan Rosensweig, a longtime Silicon Valley executive, to its board of directors, said a statement issued today. Website Privacy Policy and Privacy Notice. 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. 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. H.E. (24) of 2020 on the Board of Directors of the Investment Corporation of Dubai. 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. Investment Corporation of Dubai is a sovereign wealth fund of the Government of Dubai established in 2006, [2] with a mandate to manage the Government of Dubai's portfolio of commercial companies and investments. Chairman of the UAEIIC. [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. Number of Employee Profiles 3. 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. 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. Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. It's no wonder we've been named Tripadvisor's #1 Most Popular Destination in the World for the second year running. (24) of 2020 on the Board of Directors of the . (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. (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. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . 1 0 obj In this capacity he was based in London for eight years and he now oversees the functioning of this office from 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. 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. (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. Message Secretary General. [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. . Khalid Bin Kalban is the Managing Director and Chief Executive Officer of DI. a*5Vuy`Ub;q$7O6;H4 Z9Pl';D.`36#Z=jdU=>oEX%\ZdZsp8NQmqREiWiHwObxe Ojdt",MqQ5(YH{$ % 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. The Decrees are effective from their date of issuance and will be published in the Official Gazette.