Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. All rights reserved. Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . H.E. [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. 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-- . Since early 2002, Glenn Sanford has been actively involved in the online real estate space. He started his professional life with the Dubai Ports Authority & Jebel Ali Free Zone where he worked for seven years. Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. 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. H.E. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, as vice chairman; 2. 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). Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. <>>> Dubai: Wilson: Lamont: Partner, Co-Head, European Real Estate: Investment Professionals: Real Estate . Executive Council: The Executive Council of the Emirate of Dubai. [5] Contents 1 History 2 Governance H.H. Commercial and Industrial facilities under management, Waste recycled through segregation programme. Served at the Ministry of Foreign Affairs, Islamabad as Director General (July- 2019-July 2021). All rights reserved. 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. [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. Beyond the Sky a meet and greet with Her Highness Sheikha Mozah bint Marwan Al Maktoum. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. Mohammed Al Shaibani is the Director General of H.H. Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. Mohammed Ibrahim Al Shaibani, Managing Director, Investment Corporation of Dubai, said: ICDs record revenues, earnings and assets for the first half of 2022 are an impressive achievement as the expansion of our businesses accelerated despite the global economic slowdown. 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. 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. More than shopping,DIFCis about games and winning too. When expanded it provides a list of search options that will switch the search inputs to match the current selection. 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 Values. Fire safety consultation and management. 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. Led the Bank's loan operations team in China restructuring state-owned enterprises, corporate governance reform, state asset management strategies, trade . H.E. Presently, he is serving as Consul General of Pakistan at Dubai since August 2021. 25 of 2020 on the Board of Directors of the Meydan City Corporation. Sohail Al Mazrui has wide experience in Petroleum Engineering and executive experience in the Oil Industry. Learn more about the robust legal and regulatory framework that provides a safe and secure platform toDIFCs clients.. We grew . He is the former CEO of Abu Dhabi National Oil Company (ADNOC) as well as the former CEO and Chairman of Aabar. Mohammed Al Shaibani is the Chairman of Dubai Islamic Bank. Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. Through its nine business divisions, Imdaad provides: [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. He holds a Bachelors Degree in Economics from Cairo University and Diploma in Banking and Financial Studies from New York. [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. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. Sheikh Mohammed also issued Decree No. [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. [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. 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. Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. Sarah Dea / The National. Dr. Lina Abu Bakr, Executive Director of the Arab Women Authority, added, "We were delighted to participate in this insightful discussion on investment opportunities for women with National Bonds. endobj Board of Directors Declared Total Dividends of $0.66 per Share for First Quarter 2023. He also oversaw and participated in a number of other regulatory and strategic committees, including the Executive Credit Policy Committee and the Indirect Taxation Working Group. ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. By embracing change and innovation, Dubai offers an exceptional and exemplary model to emulate for shaping the new world economic paradigm. Established in 2006, ICD is the principal investment arm of The Government of Dubai. Looks like you may be taking time to decide. Investment Corporation of Dubai is a sovereign wealth fund of the Government of Dubai established in 2006, [2] with a mandate to invest funds on behalf of the Government of Dubai, and manage their portfolio of investment companies. It featured a showcase of the top 100 investment opportunities that the private sector can tap into and access incentives under the Manufacture and Build to Recover Program. Start new career by applying job advertisement of 04 March, 2023 in Dawn paper, application deadline of new career opportunity is 31 March, 2023 Read Full Bio. %PDF-1.5 Since then, it has grown to become a major player in the economy of Dubai and the UAE, with prudent investments in diversified sectors and markets across the globe real estate, industrial, finance, healthcare and education among others. C^L:X,n3Azt/*hB%N( FYHDo7a7-0 V2qm:raq 'DSgK^+,5vLnZ m9WUey]6xBC+/ES+Vu~M5$[ukb;dz}`0jf75JK!qVr*bCq)9TwExYE=w}ZD#kpqg-TK]Yw{/eR,.95g]U|Cuzou=!#ol^B$p(Ur|Chh[$m? Copyright 2023, Investment Corporation of Dubai. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. H.H. Khalifa Al Daboos Deputy CEO. Website Privacy Policy and Privacy Notice. 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. <> These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. 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. He served as the Interim Chief a*5Vuy`Ub;q$7O6;H4 Z9Pl';D.`36#Z=jdU=>oEX%\ZdZsp8NQmqREiWiHwObxe Ojdt",MqQ5(YH{$ Beautiful beaches, record-breaking attractions and experiences like no other - Dubai is the place to be in 2023. Douraid Zaghouani Chief Operating Officer. His Excellency has been a member of the Board of Directors of the Dubai . Join the global finance community to advance the industrys approach to climate and ESG principles through our Path to COP28 initiative. H.E. 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. 1 0 obj to a diverse range of art galleries and some of the citys best restaurants. 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. 2 min read. BUILDING MATERIALS, CONSTRUCTION & CONTRACTING. 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. 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). H.E. Abu Dhabi Investment Authority 211 Corniche, PO Box 3600 Abu Dhabi, United Arab Emirates Phone +971 2 415 . Sheikh Ahmed bin Saeed Al Maktoum President of the Department of Civil Aviation, CEO of The Emirates Group and Chairman of Dubai World 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 . The Rulers Court is the Prime Government Body of Dubai, U.A.E. Chairman of the UAEIIC. March 4, 2023 12:19 pm. Log-in now to access a number of services available to our clients and visitors at the click of a button. [21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. 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 $700 million listed in May 2014. from a carefully curated collection of retailers, National Bond Corporation becomes a subsidiary of ICD in the year 2010. ICD was established in 2006 to manage the government's portfolio of investments and companies. . "bF.gxbk_v+&%'X]S^8+ CmW=U*!e =P u:pJwkpxoh=t:x&b'&N |Yg O, 9W&`8luUq4QSp=|30{79$TT?t"8U 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. [29], ICD's portfolio primarily includes businesses and assets either wholly or partially owned by the Dubai Government. [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. ICD invests in a variety of sectors, with a particular focus on the financial services and transportation industries. 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. Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement. H.E. 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. 3 0 obj Board Member since inception in 1995 and Vice Chairman of the Board since 2010. Copyright 2023 All rights reserved. Mohammed Al Shaibani is the Director General of H.H. 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. Since 1998, H.E. is member of the Executive Council of Dubai, and Dubai's Strategic Affairs Council. Number of Employee Profiles 3. Message Secretary General. 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. 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. Khalid Bin Kalban is the Managing Director and Chief Executive Officer of DI. H.E. Material recovery services; Qualification: . In this capacity he was based in London for eight years and he now oversees the functioning of this office from Dubai. Al Saleh was appointed as Vice Chairman of the Board of Directors of the United Arab Emirates Central Bank. We are proud to record ICDs best-ever financial performance during the first half of a year, underscoring Dubais position as one of the worlds most dynamic, resilient, and future-ready cities. 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. [3], At 2022, ICD reported assets worth US$305 billion[4] and revenue of $62 billion. Mohammed Ibrahim Al Shaibani, Managing Director, Investment Corporation of Dubai, said: "ICD's record revenues, earnings and assets for the first half of 2022 are an impressive achievement as the expansion of our businesses accelerated despite the global economic slowdown. Board of Directors. Other position holders include board members. F, [5] History [ edit] 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. Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. In light of the global developments and the UAE's strategic plans, and in line with the State's policy to promote economic diversification,. Mr. 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. Experts. As3y Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. 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. is pleased to announce that its board of directors has declared a dividend for the month of March 2023 of $0.075 per common share, to be paid April 12, 2023 to shareholders of record March 31 . Abdulrahman Ghanem A. Al Mutaiwee is a high-ranking diplomat and has held senior management positions in various ministries and government establishments.He has also served as the Ambassador of the UAE to the Court of St. James and Iceland. Board of Directors Hisham Ahmed Al Rayes Chairman (Non-Independent and Executive) . Imdaad - Investment Corporation of Dubai Imdaad Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. @2>K| "^tqk$>){oBdn [25] In 2019 DAE became a wholly owned subsidiary of ICD. An exhibition was also held on the sidelines of the forum. GFH Capital Dubai, Al Areen Holding Company, and EAT app Qualification: BSc and BA in Marketing from Suffolk University, Boston, Massachusetts - USA . 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 Board Directors Who Are WeMessage From The ChairmanMessage From The CEOBoard DirectorsExecutive ManagementShari'a ComplianceCSR Home> About us> Board Directors Board Members Mr. Khalifa Al-Daboos Chairman Read More Mr. Abdulla Saeed Belyoahah Board Member Read More Mr. Ali Rashid Al Mazroei Board Member Read More Mr. Huraiz Almur Bin Huraiz [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. 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. 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. H.H. For better web experience, please use the website in portrait mode. Board Member of Gulf Investment Corporation GSC - State of Kuwait. 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. 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. Directors: MOHAMMED BIN RASHID AL MAKTOUM until 15 December 2020. n9RH"4/R 4pvNvn;"vD)HJI`n(aG,' The board typically meets at. Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. 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. [3] At the end of 2019, ICD reported assets worth US$305 billion [4] and revenue of $62 billion. Bilateral Trade. The Decrees are effective from their date of issuance and will be published in the Official Gazette. The Board has the power to make or amend rules and will recommend primary legislation for enactment by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. 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. Net profit increased to Dh25 billion from the year-earlier period, it said in May. 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 . Data Subjects or class of Data Subjects whose Personal Copyright 2023 DIFC. Reem bint Ibrahim Al Hashimi, as member; 4. 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. His Excellency Helal Saeed Almarri is the Director General of the Dubai Department of Tourism and Commerce Marketing (DTCM). (25) of 2020 regardingthe board of directors of Meydan City Corporation. Through its nine business divisions, Imdaad provides: Hard and soft facilities management and environmental services; Material recovery services; China's National People's Congress (NPC), the country's top legislative body, begins its annual session on Sunday. 9x-m}w_:^Mb>PN~ KTQv$$GYa7i 3)hcr(HBlrv0p#RH2$ %)4k&1!VJwxb%oKYJX^d #vpUE7H=>Dta+xMYW6`GE`*&ISJ@8Ak'~(,yA Stay up to date with the latest news, announcements and insights from across the Centre by visiting our Newsroom.
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