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. Investment Corporation of Dubai (ICD) is a sovereign wealth fund based in Dubai, United Arab Emirates. "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 Under Decree No. Since early 2002, Glenn Sanford has been actively involved in the online real estate space. empowering UAE women to forge a stronger investment journey - national [21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. March 4, 2023 12:19 pm. Board of Directors. Hard and soft facilities management and environmental services; to a diverse range of art galleries and some of the citys best restaurants. Search latest Sindh Police jobs online. Regional member countries Non-Regional member countries H.E. Mohammed Shaibani - Gateway Partners Douraid Zaghouani - Chief Operating Officer - Investment Corporation of Mohammed Al Shaibani is the Chairman of Dubai Islamic Bank. More than shopping,DIFCis about games and winning too. 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. F, In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. Board Member Khalifa Hassan Abdulla Al Daboos. Executive Council | The Executive Council Members When expanded it provides a list of search options that will switch the search inputs to match the current selection. Description. In the UAE, Imdaad continues to enjoy significant market share with a large base of diverse clients across various sectors. AI. 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. The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. (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. Dubai Investments is supported by a visionary leadership and management guiding its growth. Mr. Syed Basar Shueb Chairman Read Biography Dr. Mhd Somar Ajalyaqin Rudine Mottaghian - Member of The Board of Advisors - LinkedIn is member of the Executive Council of Dubai, and Dubai's Strategic Affairs Council. H.E. Green Impact Partners Welcomes New Independent Board Member Sheikh Ahmad bin Saeed Al Maktoum, as member; 3. 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. endobj First meeting of Board of Directors of Hong Kong Investment Corporation 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. ICD invests in a variety of sectors, with a particular focus on the financial services and transportation industries. Net profit increased to Dh25 billion from the year-earlier period, it said in May. "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 . Toronto, Ontario-- (Newsfile Corp. - March 3, 2023) - Atrium Mortgage Investment Corporation (TSX: AI) is pleased to announce that its board of directors has . 2015 the Supreme Legislation Committee in the Emirate of Dubai n9RH"4/R 4pvNvn;"vD)HJI`n(aG,' 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. In this role, he supports the CEO in corporate strategy. For better web experience, please use the website in portrait mode. [25] In 2019 DAE became a wholly owned subsidiary of ICD. Mubadala's Board members include some of the UAE's most senior public . 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. Mr. Dubai Investments is supported by a visionary leadership and management guiding its growth. 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. Atrium Mortgage Investment Corporation Announces March 2023 Dividend Board Of Directors. We will keep you informed on the items that matter to you most. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . Residential maintenance, and Before joining DIP, Al Mesmar was associated with Al Khaleej Investments in Singapore. Executive Council: The Executive Council of the Emirate of Dubai. Board of the Investment Corporation of Dubai Announce Record Financial Chairman - Nakheel By embracing change and innovation, Dubai offers an exceptional and exemplary model to emulate for shaping the new world economic paradigm. Ares Private Equity Group and Chief Financial Officer and Treasurer of Ares Commercial Real Estate Corporation: Investment Professionals: Finance and Accounting: Washington D.C . 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. He also chaired a number of committees, notably the VAT Committee at Dubai Customs. 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. 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). Investor Relations Board of Directors Through its nine business divisions, Imdaad provides: ICD focuses its CSR activities in the areas of education and innovation. Under Decree No. 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. Chairman: The chairman of the Board of Directors. Since 1998, H.E. Sultan bin Saeed Al Mansouri, as member; 5. 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. 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. It's no wonder we've been named Tripadvisor's #1 Most Popular Destination in the World for the second year running. 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. <> (24) of 2020 on the Board of Directors of the Investment Corporation of Dubai. 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. These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. 10 most influential people in the United Arab Emirates He started his professional life with the Dubai Ports Authority & Jebel Ali Free Zone where he worked for seven years. ALL RIGHTS RESERVED. ICD: The Investment Corporation of Dubai. The Meydan groups portfolio includes real estate projects and housing for airline Emirates, according to its website. Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. The Board of the Investment Corporation of Dubai (ICD) approved ICDs consolidated financial results for the six months ended 30th June, 2022. 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. 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. Khalid Muhammad AlZubair Chairman Sheikh Khalid Abdullah Al Khalili Deputy Chairman Engineer Jamal Shamis Al Hooti Director Brigadier Jamal Said Al Tai Director Board of Directors | Leadership Team | Gulf Inland Bank (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. An exhibition was also held on the sidelines of the forum. [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. Come to the Centre and be surprised. He holds a Bachelors Degree in Electrical Engineering from Florida Institute of Technology, USA and a Management Degree from Cranfield School of Management, England. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. Board of Directors Declared Total Dividends of $0.66 per Share for First Quarter 2023. Huda Sayed Naim AlHashimi Director Mr. Jassim Mohammed Abdulrahim Al Ali Director In 2019, ICD's total assets passed the Dh1 trillion mark, growing by 27.5 per cent to Dh1.12tn. Explore the world-class ecosystem that will help your business thrive and grow. Indian businessmen and traders have contributed significantly to the . Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. 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 . Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). 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. Reem bint Ibrahim Al Hashimi, as member; 4. Atrium Mortgage Investment Corporation Announces March 2023 Dividend 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-- . H.E. Al Shaibani serves as the Director-General of His Highness the Ruler's Court in Dubai. He served as the Interim Chief After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. His Excellency has been a member of the Board of Directors of the Dubai . eXp World Holdings Reports Q4 and Full-Year 2022 Results Under a presidential decree issued in December 2018, H.E. Investment Corporation of Dubai Profile: Commitments & Mandates | PitchBook Investment Corporation of Dubai and Meydan City boards restructured Board of Directors | Leadership Team | Dubai Islamic Bank Hamad Buamim Board Member Abdulla Hamad Al Shamsi Board Member Javier Marin Romano Board Member 13 February 2023 Data Subjects or class of Data Subjects whose Personal Number of Employee Profiles 3. Subscribe to our mailing list to get the updates to your email inbox. Sindh Police Driver Police Constable Jobs 2023 via STS SIBA ICD was established in 2006 to manage the government's portfolio of investments and companies. 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. 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. His Highness Sheikh Mohammed bin Rashid also issued Decree No. (24) of 2020 on the Board of Directors of the . He has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. The ICD generated record revenues of AED121.1 billion and record net profits of AED14.8 billion during H1 2022, dwarfing last years first-half earnings. Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. DUBAL Holding L.L.C - A subsidiary of Investment Corporation of Dubai www.icd.gov.ae . Vice Chairman of the UAEIIC. Board of the Investment Corporation of Dubai Announce Record Financial Message Secretary General. Board of Directors | National Bonds Corporation - Dubai UAE . During 2021 the Committee members were: Charles Flint KC (Chairman) Abdul Wahid Al Ulama; Julie Dickson 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. 3 0 obj Welcome to Dubai. Incorporation PJC: H.E. Leadership - DUBAL Holding Chimera This button displays the currently selected search type. The DIFC is more than just a world-class financial centre. H.E. Established in 2007, Imdaad provides integrated, sustainable facilities management services that enhance operational efficiencies of physical assets. Nader Bekhouche Principal. 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. We know that a supportive business environment is key to helping your company thrive. The site is best viewed using IE10 and above, Mozilla Firefox, Safari and Chrome. Founder, Chairman and CEO, eXp World Holdings CEO, eXp Realty. Board of Directors: The board of directors of the ICD. The Board primarily formulates the HKIC's investment strategies and mandate, and makes decisions on investment projects as well as ensures and upholds the . His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, Vice President and Prime Minister of the UAE issued Decree No. Looks like you may be taking time to decide. EITC Board contributes towards developing strategy aspiring to create and shareholder value, confidence and maintain sustainability. Description. Sign up to our mailing list and we will keep you informed on the items that matter to you most. Mohammed Al Shaibani is the Director General of H.H. Hussain Al Junaidy has been the Chairman and CEO of various companies in the Oil and Gas Industry. 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. Board of Directors - Global Capital Funding Inc Mohammed Ibrahim Al Shaibani will serve as the Managing Director. This site is maintained by Department of Finance. upGrad appoints Dan Rosensweig to board of directors (25) of 2020 regardingthe board of directors of Meydan City Corporation. The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . 1. [23][24] In 2017 ALEC engineering and Contracting Limited was acquired by ICD[2] and ISS Global Forwarding in 2018. Explore the district beyond the office, %PDF-1.5 By doing so, we are making valuable contributions to the continuing development of a learning and empowered society for the benefit of our stakeholders. @2>K| "^tqk$>){oBdn Soonyoung Chang has served as a director of Brookfield Reinsurance since November 2021. About Ithra Dubai - Ithra Dubai 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. 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. Khalid Bin Kalban is the Managing Director and Chief Executive Officer of DI. Copyright 2023, Investment Corporation of Dubai. Board Member of Gulf Investment Corporation GSC - State of Kuwait. 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. "The decrees are effective from their date of issuance," according to the statement. Harry G. Broadman - Chair, Board of Directors - LinkedIn 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 Investment Corporation of Dubai - Public Register | DIFC Let's explore! 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. Commercial and Industrial facilities under management, Waste recycled through segregation programme. Mohammed Ibrahim Al Shaibani, as member; 6. [5] History [ edit] The board typically meets at. 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. Log-in now to access a number of services available to our clients and visitors at the click of a button. a*5Vuy`Ub;q$7O6;H4 Z9Pl';D.`36#Z=jdU=>oEX%\ZdZsp8NQmqREiWiHwObxe Ojdt",MqQ5(YH{$ Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. Stay up to date with the latest news, announcements and insights from across the Centre by visiting our Newsroom. 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! Board Member since 1998. All rights reserved. _ga. We grew . The ruler of Dubai on Saturday issued decrees to restructure the boards ofthe emirate's sovereign wealth fund Investment Corporation of Dubai (ICD) and state-owned developer Meydan City Corporation. Qualification: . Copyright 2023 DIFC. Director: Board of Directors: Director-Mark: Affolter: . Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. 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. 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. 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 OF DIRECTORS - DAE - Dubai Aerospace Dubai Investments Real Estate 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. The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). [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. Board of Directors - Ominvest endobj 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.