Douraid Zaghouani was appointed to the Board of Dangote Cement Plc. Board of Directors Leadership Team Shariah Board H. E. Mohammed Al Shaibani Chairman, Dubai Islamic Bank. (ALEC), part of the Investment Corporation of Dubai (ICD), is a large construction company with related businesses operating in the GCC with a presence in Africa. The fund has also appointed a new five-member board of directors, the state-owned company said in a statement Wednesday. Mohammed Ibrahim Al Shaibani (board member and managing director) Reem bint Ebrahim Al Hashimy (board member) Sultan bin Saeed Al Mansouri (board member) Abdulrahman Saleh Al Saleh (board member) Portfolio Breakdown by Sector % based on ICD's investment as of 31 December 2020 25%Banking & Finance Services 5 Major Holdings 25%Transportation 4 Major Holdings 3%Oil & Gas 1 Major Holding 7%Industrial 3 Major Holdings H.H. The ruler of Dubai on Saturday issued decrees to restructure the boards of the emirate's sovereign wealth fund Investment Corporation of Dubai (ICD) and state-owned developer Meydan City Corporation. He was appointed as a member of the Board of Directors of Dubai World in December 2010 and brings with him extensive experience as an administrator and corporate leader. H.E. The assets are managed by the executive management team. Credit risk types is less. Dubai: The Dubai district cooling company Empower is buying Nakheel's district cooling unit - with a total cooling capacity . Investment Corporation of Dubai is the principal investment arm of the Government of Dubai. The purpose of the fund is to generate a superior return on investment, in a way that will benefit the regional financial community. Dubai Investments was incorporated in 1995. Chief Operating Officer of the Investment Corporation of Dubai (ICD). HH Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE, has issued Decree No. UAE: The Investment Corporation of Dubai has reported a 19.3% fall in profit to AED16.3 billion (US$4.37 billion) in 2018 despite a 15.7% growth in revenue to AED232.4 billion (US$63.26 billion), according to its audited financial statements. Mohamed Hadi Al Hussaini is the Minister of State for Financial Affairs and is a Board member of Emirates NBD Bank P.J.S.C. The boards of the Dubai government's Investment Corporation of. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). In 2010, President Obama appointed Warren to serve on the Board of Directors of the Overseas Private Investment Corporation, where he served on the Audit Committee until his term ended in 2019. Mubadala's Board members include some of the UAE's most senior public . The Canada Pension Plan Investment Board (CPPIB; French: Office d'investissement du rgime de pensions du Canada), operating as CPP Investments (French: Investissements RPC), is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP). H.E. He is a member of the Executive Council of Dubai, a member of the Board of Directors of the Investment Corporation of Dubai, and the Director-General of the Dubai World Trade Centre Authority (DWTCA). In accordance with the Articles of Association for Commercial Bank of Dubai the formation of the Board of Directors is governed by the Federal Law No.8 of 1984 (as amended). 24 of 2020 on the Board of Directors of the Investment Corporation of Dubai. He is member of the Board of Directors of Investment Corporation of Dubai, DP World, Meydan Corporation, Emaar Properties PJSC and Orient Insurance PJSC. Al Husseini, born in 1976, holds a bachelor and master's degree in international business from Switzerland. Mohammed Ibrahim Al Shaibani Sultan bin Saeed Al Mansouri Board Member H.E. his own personal focus is on answering demand across the board. Board of Directors GOVERNANCE 56 MOBILY ANNUAL REPORT 2020. . The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). It was established in May 2006 by decree 11 of 2006 and mandated with the. DIFC Authority Board of Directors 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 Investment Corporation of Dubai is a sovereign wealth fund of the Government of Dubai established in 2006, with a mandate to manage the Government of Dubai's portfolio of commercial companies and investments.. At the end of 2019, ICD reported assets worth US$305 billion and revenue of $62 billion. Established in 2006, ICD is the principal investment arm of The Government of Dubai. Contact Information Website www.icd.gov.ae Year Founded 2006 ICD has been mandated to enable the globalization and privatization of these iconic brands. A leading first-of-its-kind UAE-based investment company. 24 of 2020 on the Board of Directors of the Investment Corporation of Dubai. Title of the Law Article (1) . 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 Khaled Mohammad Ali Al Kamda Director Hussain Nasser Ahmed Lootah Director Douraid Zaghouani Chief Operating Officer. He has been responsible for business . About Investment Corporation of Dubai: ICD was established in May 2006 by decree (11) of 2006 under a mandate to consolidate and manage the Government of Dubai' s portfolio of commercial companies and investments. In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. ICD's Mohammed Al-Shaibani named chairman of Nakheel. mr. khalifa aldaboos has been the board member and managing director of dubai aerospace enterprise (dae) ltd. ("dae") since december 2009 and is also the chairman of the board of directors for dae aviation holdings inc. - a subsidiary of dae based in the united states of america previously, mr. aldaboos served as investment director at the ALEC has consistently evolved and grown over the last 20 years to become a . In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Decree No. He manages the areas of Strategy, Government Relations, Marketing, Corporate Communic. Mohammed Ibrahim Al Shaibani Board Member and Managing Director H.E. In a move that will form a new industrial giant in the United Arab Emirates, Mubadala Development Company of Abu Dhabi and the Investment Corporation of Dubai today announced the creation of Emirates Global Aluminium - a jointly-held, equal-ownership company that will integrate the businesses of Dubai Aluminium (DUBAL) and . These companies offer Investor Relations Financial Indicators, Financial Reports, Board of Directors Reports, General Disclosures Annual General Meeting, Corporate Governance, Project Financing, Private Equity Investment, Financial Vehicle/SPE He serves on the board of directors of the Emirates Investment Authority, and the Investment Corporation of Dubai as well as the Emirates Integrated Telecommunications Company PJSC (du) and Emirates NBD. The company was founded in 2000 and is headquartered in Dubai, the Unite d Arab Emirates. We would like to request Dubai Investments PJSC shareholders who have not received their original shares certificates . Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. 24 of 2020 on the Board of Directors of the Investment Corporation of Dubai, it has been announced. 24 of 2020 on the Board of Directors of the Investment Corporation of Dubai. The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). 24 of 2020 on the Board of Directors of the Investment Corporation of Dubai (ICD). New York, Nairobi, Dubai, Tokyo, Seoul and Hong Kong. H.H. Investment Corporation of Dubai Emirates Investment Authority Mr. Mohammed Hadi Al Hussaini Independent Member Mr. Hussein Ali Al Asmari Independent Member Board of Directors (Continued) GOVERNANCE 60 MOBILY ANNUAL REPORT 2020. Nurture your network and further your business goals with smart intelligence on the people and companies that matter most to you. H.E. The Ruler's Court is the Prime Government Body of Continue reading "about-us-details" . Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. 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, financial, healthcare and education among others . Decree No. H.H. From 2008 to 2010, he was the . Douraid Zaghouani Chief Operating Officer. Investment Corporation of Dubai announces formation of Dubal Holding New entity to manage ICD's share of Emirates Global Aluminium Published: November 08, 2014 16:26 Staff Report is member of the Executive Council of Dubai, and Dubai's Strategic Affairs Council. Ahmed bin Saeed Al-Maktoum Chief Executive Officer at The Emirates Group Mohammed Al Shaibani Chief Executive Officer at Investment Corporation of Dubai (Investment Management) Sultan bin Saeed Al Mansoori Mohamed Hadi Ahmed Abdulla Alhussaini Director at Dubai Refreshments Co. Maktoum Mohammed Rashid Al-Maktoum Founder at The Emirates Group Ali Rashid Ahmed Lootah, Dubai Islamic Bank (DIB), Investment Corporation of Dubai (ICD), NAKHEEL. Number of Employee Profiles 3. Mrs. Alice Vaidyan (Independent Director) Mrs. Alice Vaidyan was the Chairman and Managing Director of General Insurance Corporation of India for the period January 2016 to July 2019. H.E. . The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. The Investment Corporation of Dubai (ICD) is a state-owned holding company that can be characterized as a sovereign wealth fund owned by the government of Dubai, . Established in 2006, ICD manages a broad portfolio of assets, both locally and internationally, across a wide spectrum of sectors that support Dubai's dynamic economy. In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. Informs the Board of Directors of the outcome of the statutory audit and explain how the statutory audit He is a Board member of Emirates Investment Authority, Investment Corporation of Dubai and Director of Dubai Real Estate Corporation/ Wasl Asset Management Group. The state-owned holding company owns stakes in Emirates NBD and soon-to-merge Dubai Islamic Bank and Noor Bank. Reem bint Ebrahim Al Hashimy Board Member H.E. Sheikh Ahmed bin Saeed Al Maktoum Board Member H.E. 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, financial, healthcare and education among others . 1964,) is a non-royal government official in Dubai, UAE, currently serving as director general of The Ruler's Court, Government of Dubai (also known as Al Diwan Al Amiri, or Diwan Al Hakim), a prime government body of the Emirate of Dubai. These assets are in diverse sectors, and include market leading companies in financial services, transportation, real estate, leisure and utilities. Khalifa Al Daboos Deputy CEO. The Ruler's Court, Government of Dubai and the Managing Director of the Investment Corporation of Dubai (ICD). 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). The Vice President and Prime Minister of the UAE, His Highness Sheikh Mohammed bin Rashid Al Maktoum, in his capacity as the Ruler of Dubai, has issued decree no.17 of 2012 establishing the Board . Law No. CEO: The chief executive officer of the Corporation. is also the Chairman of the General Pension and Social Security Authority, Etihad Credit Bureau, the Vice Chairman of Federal Tax Authority and Acting Chairman of Emirates Real . Senior Principal - Portfolio Management at Investment Corporation of Dubai | Board Member | Audit Committee Member | Remuneration Committee Member . Investment Corporation of Dubai (Investment Company) 490,683,060: 11.5%: . Khalifa Al Daboos Deputy CEO. Abdulrahman Saleh Al Saleh Kindly sign only the Electronic Due Diligence report while the MOU will be signed upon your arrival in Dubai to meet our legal Financial consortium/Loan Facilitator for Contract Legalization . Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. (Chairman, Board of Directors) Investment Corporation of Abu Dhabi Haza bin Zayed Street, Villa-13, Street 28 39625 Abu Dhabi, United Arab Emirates. For any other information including prior years, please contact Dubai Investments PJSC - Shares Department - on. (11) of 2006 Establishing the Investment Corporation of Dubai and its amendments, Do hereby issue this Law. H.H. DUBAI, Oct 19 (Reuters) - Investment Corporation of Dubai (ICD), the Dubai government's main investment arm, has hired banks to arrange investor calls ahead of a planned issuance of . Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum Deputy Ruler of Dubai, Vice-Chairman H.H. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . Board of Directors. Contact us for more details and sign up today. Board of Directors; Executive Team; ALEC Group; Awards; About ALEC. Top 10 Investment Companies in Dubai. Douraid Zaghouani is Chief Operating Officer of ICD, the principal investment arm of the Government of Dubai ($305 Billion AUM). Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. on 29th April 2015 as a Non-Executive Director. Vice Chairman His Excellency Abdulrahman Saleh Al Saleh is the Director General of the Government of Dubai's Department of Finance (DOF) since 2009. His Excellency Helal Saeed Almarri has been Director-General of the Dubai Department of Tourism and Commerce Marketing (DTCM) since 2013. Mohammed Al Shaibani is the Director General of H.H. Members of the board: Name: Title: Age: Since: Abdulrahman Ghanem Abdulrahman Al-Mutaiwee: Chairman-2020: Ali Fardan Ali Al-Fardan: Independent Director: 55-Mohamed Saif Darwish Ahmed Al-Ketbi: Independent Non-Executive Director-2010: Abdulrahman Mohammad Rashed Al-Shared: . 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 Ruler's Court is the Prime Government Body of Dubai, U.A.E. In this role, he supports the CEO in corporate strategy development and is responsible for the efficient operational management of the organization, with the aim of optimizing business performance. H.E, Mohammed Al Shaibani is the Director General of H.H. He also serves as a board member of Dubai World and Dubai Aerospace Enterprise, in addition to being the Vice Chairman of the Supreme Fiscal . Over the past eight years, I have been with Investment Corporation of Dubai, the principal investment arm of the government, that was incorporated in 2006 to supervise the investment portfolio of . It also provides strategic oversight by developing and implementing investment strategy and corporate governance policies with an objective to maximize stakeholder . Investment Corporation of Dubai is a sovereign wealth fund of the Government of Dubai established in 2006, . Metro Investment Corporation from 2001 to 2016, and Director of Metropolitan Bank, China from 2014 to 2016. . Changes to the master-developer's board of directors includes appointment of four new directors including Al-Shaibani. DUBAI, UAE, Sept. 21, 2020 /PRNewswire/ -- The Investment Corporation of Dubai (ICD), in partnership with Dubai South, announced today the launch of Dubai Global Connect (DGC), a 1 million Dubai's sovereign wealth fund, Investment Corporation of Dubai (ICD), acquired the remaining 50 percent stake in National Bonds Corp, taking full ownership of the Islamic savings scheme. Mohamed Hadi Ahmed Abdulla Al Hussaini, Director. In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. We recognise that our continued success is the result of rigorous long-term planning, a robust investment strategy and, above all, a clear vision for the future and we thank our Board of Directors and the government of Dubai for their continued trust, support and encouragement as we look to expand and diversify. The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). UNCLAIMED SHARE CERTIFICATES. DUBAI - In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. HE Saeed Al Tayer, Chairman of the Board of Directors of Empower, said that the acquisition agreement is in line with the vision of HH Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to promote sustainable development, and with Dubai Demand Side Management Strategy 2030, for which district . HE Mohammed Al Shaibani is the Director General of HH The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). (30) of 2019 on the Board of Directors of . . Sole establishments and companies licensed to operate in the In the same context, Duraid Al-Zaghouani, Chief Operating Officer at the Government Investment Corporation of Dubai and Chairman of the Board of Directors of Dubai Global Connect, said that the development of Dubai Global Connect took a long time, but his presence today has become an urgent necessity to meet the needs of the changing . Stay informed and up-to-date on your network with RelSci news and business alerting service. Nader Bekhouche Principal. The Ruler's Court is the Prime Government Body of Dubai, U.A.E. At present, Douraid is Chief Operating Officer of the Investment Corporation of Dubai (ICD). 03 June 2013. H.E. Investment Corporation of Dubai (ICD) has 3 current employee profiles, including Chief Operating Officer Douraid Zaghouani. . Dubai World Corporation was created as every decree corporation that length into. Photos: Persephone, the robot guide, leads visitors in a Greek cave. 0097148122400 0097148122305. info@dubaiinvestments.com eman@dubaiinvestments.com. Executive officer Board of directors Management Corporate title Supervisory board. his excellency saeed al tayer, chairman of the board of directors of empower, said that the acquisition agreement is in line with the vision of his highness sheikh mohammed bin rashid al maktoum, vice president and prime minister of the uae and ruler of dubai, to promote sustainable development, and with dubai demand side management strategy Emirates (airline) 50% (1/1) . Nader Bekhouche Principal. The Ruler's Court is the Prime Government Body of Dubai, U.A.E. Since 1998, H.E. Douraid Zaghouani - Non-Executive Director. CEO - Operations and Development, joined the Corinthia Group in a senior executive role in 1997 and served as Director on the IHI Board from 2005 to 2015. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Ruler of Dubai, Vice President and Prime Minister of the UAE issued Decree No. Mr. Animesh Chauhan has been appointed as an independent director on the board of Kailash Hospitals Limited and Uma Medicare Limited. 24 of 2020 on the Board of Directors of the Investment Corporation of Dubai (ICD). Al Shaibani has held the position of President at the Dubai Office, a Private Management office for the Royal Family of Dubai. In its entirety, the portfolio is reflective of Dubai's growth plan and strategic focus areas. Wholly owned by Investment Corporation of Dubai (ICD), Ithra Dubai was established to develop and manage strategic real estate assets both locally in Dubai and globally. Number of Employee Profiles 3. In 2019, Al Saleh was appointed as a board member of the Investment Corporation of Dubai (ICD). Who is Investment. In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed Bin Rashid Al Maktoum issued Decree No. Under Decree No. and Emirates Islamic Bank P.J.S.C. Prior to joining ICD, Mr Zaghouani was with Xerox for more than 25 years. 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. A dds details. 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. Learn more about our Board of Directors. H.E. Dubai Investments was incorporated in 1995. Working at 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. (30) of 2019 Forming the Board of Directors of the Investment Corporation of Dubai, Do hereby issue this Decree. Mr Al Shaibani is Director General of the Ruler's Court, Government of Dubai, as well as executive director and chief executive of Investment Corporation of Dubai and chairman of Dubai Islamic Bank. The last 20 years he has been based in Asia. Hamad Buamim Board Member Abdulla Hamad Al Shamsi Board Member Javier Marin Romano Board Member Appointments. 3 May 2006 under Emiri Decree 11 of 2006 issued by HH Sheikh Mohammed. Over the course of the last 30 years, Galadari has spent time in a variety of roles across a number of real . Review our financials Reconstitution of the Board of Directors Article (1) a. A leading first-of-its-kind UAE-based investment company. ALEC Engineering and Contracting L.LC. H.E. Mohammed Ibrahim Al Shaibani (Arabic: ), also known as HE Excellency Mohammed Al Shaibani (or Al Shaibani, b. H.H. He is a Board member of Emirates Investment Authority, Investment Corporation of Dubai and Director of Dubai Real Estate . The board of directors of the Corporation. (24) of 2020 on the Board of Directors of the Investment . His Excellency Helal Saeed Almarri has been Director General of the Dubai Department of Tourism and Commerce Marketing (DTCM) since 2013. GGICO was established in 1973 as a public shareholding company under the name Arab Economists Corporation to act in establishment of industrial projects and development of residential real estate companies, in both sales and rental of developers Dubai UAE. The Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD).