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. (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. Other position holders include board members. Through its businesses, Dubai Investments has empowered communities driving positive growth in all fronts. Fire safety consultation and management. 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 . 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. H.E. Nader Bekhouche Principal. Mr. Hesham Abdulla Qassim Al Qassim Vice Chairman and Managing Director Mr. Buti Obaid Buti Al Mulla Director H.E. Dubai ruler issues decrees to restructure boards of Investment Douraid Zaghouani is Chief Operating Officer of ICD, the principal investment arm of the Government of Dubai ($309 Billion AUM). The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (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. _ga. 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. Residential maintenance, and Material recovery services; EITC Board contributes towards developing strategy aspiring to create and shareholder value, confidence and maintain sustainability. 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. Board of Directors | Leadership Team | Dubai Islamic Bank Board of Directors | Leadership Team | Gulf Inland Bank Indian businessmen and traders have contributed significantly to the . Designated Non-Financial Businesses and Professions. Copyright 2023, Investment Corporation of Dubai. Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. [citation needed], In October 2017 ICD listed a $200 million Sukuk on NASDAQ Dubai. upGrad appoints Dan Rosensweig to board of directors Medvedev ends Djokovic run to book Dubai final with Rublev The ruler of Dubai on Saturday issued decrees to restructure the boards ofthe emirate's sovereign wealth fund Investment Corporation of Dubai (ICD) and state-owned developer Meydan City Corporation. Consulate General of Pakistan - Consulate General of Pakistan He holds a degree in Business Management from USA and is a Management Major from Metropolitan State College, USA. (24) of 2020 on the Board of Directors of the . <> More than shopping,DIFCis about games and winning too. UAEIIC partners with JOIN to expand coordination and investment He also chaired a number of committees, notably the VAT Committee at Dubai Customs. Mohammed Al Shaibani graduated in 1988 from United States and holds a Bachelors Degree in Computer Science. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. Investor Relations Board of Directors He has also been discharging duties as the Operations Director for the Investment Corporation of Dubai, which is the Dubai government's investment arm. The Board has the power to make or amend rules and will recommend primary legislation for enactment by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. Board Member Khalifa Hassan Abdulla Al Daboos. W*Qyh5HBqj8B#zq4KH3$i~%CRVsB%?$w$*T*M4+DHHt*'w Board of Directors Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Gulf Inland Bank . 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. Mohammed Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. 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 Sohail Al Mazrui has wide experience in Petroleum Engineering and executive experience in the Oil Industry. Net profit increased to Dh25 billion from the year-earlier period, it said in May. Subscribe to our mailing list to get the updates to your email inbox. 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. 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. For better web experience, please use the website in portrait mode. Board of Directors | Corporate Governance | Investor relations - du Copyright 2023 DIFC. 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 First meeting of Board of Directors of Hong Kong Investment Corporation These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. (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. Mr. Mohammed Ibrahim Al Shaibani is the Director-General of H.H. Board Of Directors ICD invests in a variety of sectors, with a particular focus on the financial services and transportation industries. The DIFC is more than just a world-class financial centre. Douraid Zaghouani - Chief Operating Officer - Investment Corporation of H.E. Number of Employee Profiles 3. ;H6+nOC|ejUv(Ocn(?ici0\m. eXp World Holdings Reports Q4 and Full-Year 2022 Results BlackRock Capital Investment Corporation Reports Financial Results for Abdulla Al Qubaisi - Operation Director - Investment Corporation of Syed Salman Rashid holds a Bachelor's Degree from Karachi University and is a Certified Director from Pakistan Institute of Corporate Governance. H.E. Director General Profile - DOF-Dubai Government [21][22] In 2016 ICD acquired Porto Montenegro Marina and Resort located in world heritage site Bay of Kotro from Montport Capital. 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. The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. In its entirety, the portfolio is reflective of Dubais growth plan and strategic focus areas. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). 2015 the Supreme Legislation Committee in the Emirate of Dubai Sheikh Mohammed issues decrees on the boards of Investment Corporation CEO: The chief executive officer of the ICD. Soonyoung Chang has served as a director of Brookfield Reinsurance since November 2021. Director: Board of Directors: Director-Mark: Affolter: . 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. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. Since 1998, H.E. Explore the world-class ecosystem that will help your business thrive and grow. Green Impact Partners Welcomes New Independent Board Member Bilateral Trade. Ares Private Equity Group and Chief Financial Officer and Treasurer of Ares Commercial Real Estate Corporation: Investment Professionals: Finance and Accounting: Washington D.C . 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? 2hQ(GB3k/)"VK|24) 'TjEe=m{+xkkkr)>rOsTr_" SP^n] After this he moved to Singapore for four years, as Managing Director of Al Khaleej Investments. Leadership - DUBAL Holding 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. A leading first-of-its-kind UAE-based investment company, Dubai Investments was incorporated in 1995. His Excellency has been a member of the Board of Directors of the Dubai . The Board primarily formulates the HKIC's investment strategies and mandate, and makes decisions on investment projects as well as ensures and upholds the . %PDF-1.5 ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. Muzaffar Ismailov on LinkedIn: Tashkent to receive $1 bln of investment All business segments of ICD, the principal investment arm of the Government of Dubai, contributed to this outstanding achievement.