The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors. It also owns Emirates National Oil Corporation, holds a minority stake in developer Emaar Properties and in the Dubai Airport Free Zone and the World Trade Centre. Mohammed A. Ibrahim Al Shaibani serves as Chief Executive Officer and Executive Director of the Investment Corporation of Dubai. Previously, H.E. 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 . When expanded it provides a list of search options that will switch the search inputs to match the current selection. Values. In his capacity as Ruler of Dubai, HH Sheikh Mohammed bin Rashid Al Maktoum issued Decree No. We will keep you informed on the items that matter to you most. Imdaad customer base spreads across luxury hospitality, F&B, retail, banking, residential, and mixed-use development sectors. BlackRock Capital Investment Corporation Reports Financial Results for 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. 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 In the UAE, Imdaad continues to enjoy significant market share with a large base of diverse clients across various sectors. Copyright 2023, Investment Corporation of Dubai. Dubai Investments is supported by a visionary leadership and management guiding its growth. Visit Dubai - Official Tourism Board in Dubai - Welcome to Dubai Fidus Investment Corporation Announces Fourth Quarter and Full Year Board of Directors | Mubadala - Mubadala Investment Company 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. @2>K| "^tqk$>){oBdn Copyright Emirates News Agency (WAM) 2020. Board Member since inception in 1995 and Vice Chairman of the Board since 2010. [29], ICD's portfolio primarily includes businesses and assets either wholly or partially owned by the Dubai Government. ICDs portfolio companies are selected from a variety of sectors to afford diversification and risk minimisation. 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. to a diverse range of art galleries and some of the citys best restaurants. Investment Corporation of Dubai - Wikipedia Investment Corporation of Dubai and Meydan City boards restructured Board of Directors - #1 Quality Cement in Pakistan - Power Cement H.E. Listed on the Dubai Financial Market in 2000, Dubai Investments has 15,482 shareholders with a share capital of AED 4.25 billion. BUILDING MATERIALS, CONSTRUCTION & CONTRACTING. 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 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. GoR launches Manufacture and Build to Recover Program extension to 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. H.E. DUBAI ISLAMIC BANK P.J.S.C. : Shareholders Board Members Managers and PDF Law No. (11) of 2006 Establishing the Investment Corporation of Dubai [5] Contents 1 History 2 Governance Sheikh Mohammed issues decrees on the boards of Investment Corporation <> 9x-m}w_:^Mb>PN~ KTQv$$GYa7i 3)hcr(HBlrv0p#RH2$ %)4k&1!VJwxb%oKYJX^d #vpUE7H=>Dta+xMYW6`GE`*&ISJ@8Ak'~(,yA Data is being processed: Staff (Agents, Workers), Suppliers, Complainants, Correspondents, Enquirers, Relatives and Associates, Advisors, Consultants, Prof. This was its second conventional bond listing on Nasdaq Dubai, after a $300 million bond was listed in 2014. Number of Employee Profiles 3. [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. Board Member Khalifa Hassan Abdulla Al Daboos. [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. In light of the global developments and the UAE's strategic plans, and in line with the State's policy to promote economic diversification,. 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. Explore the world-class ecosystem that will help your business thrive and grow. The Investment Corporation of Dubai (ICD) is the primary sovereign wealth fund of the government of Dubai. The MoU focuses on expanding the circle of coordination and investment cooperation between the two institutions to serve their . 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. Qualification: . More than a world-class financial centre, DIFC is also a vibrant community of retail and lifestyle. Leadership - DUBAL Holding 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. [5] History [ edit] 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. 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 . %PDF-1.5 H.E. Director General Profile - DOF-Dubai Government Board of the Investment Corporation of Dubai Announce Record Financial 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 Ruler's Court, Government of Dubai and the CEO & Executive Director of the Investment Corporation of Dubai (ICD). Investor Relations Board of Directors [19], Various other mergers and acquisitions were also held by other holding companies of ICD between the periods of 2007 - 2019. Vice Chairman of the UAEIIC. (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. 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. Imdaad - Investment Corporation of Dubai He started his professional life with the Dubai Ports Authority & Jebel Ali Free Zone where he worked for seven years. Copyright 2023 DIFC. Read Full Bio. About the Council. 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. Hard and soft facilities management and environmental services; 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). (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. Executive Council: The Executive Council of the Emirate of Dubai. _ga. Dubai International Financial Centre (DIFC) is one of the worlds most advanced financial centres, and the leading financial hub for the Middle East, Africa and South Asia (MEASA), which comprises 72 countries with an approximate population of 3 billion and a nominal GDP of US$ 8 trillion. Itowns stakes in some of Dubai's biggest and best-known names, including Emirates airline and Dubai's biggest bank, Emirates NBD. The Investment Corporation of Dubai consolidates the commercial and business assets of Dubai Government. He is also the founder and former Group CEO of Emirates National Oil Company (ENOC). Mohammed Al Shaibani is the Director General of H.H. Designated Non-Financial Businesses and Professions. Dubai: Wilson: Lamont: Partner, Co-Head, European Real Estate: Investment Professionals: Real Estate . Learn more about what DIFC has to offer, from easy set-up processes to an enabling infrastructure and a variety of office spaces. Douraid Zaghouani - Chief Operating Officer - Investment Corporation of (24) of 2020 on the Board of Directors of the Investment Corporation of Dubai. 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. 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. Looks like you may be taking time to decide. The Dubai Ruler's Court, a prime government body of the Emirate. 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. The ICDs first-half revenues reached a record AED121.1 billion, a 61 percent increase compared to the same period last year. Energy and waste collection management solutions; Beyond the Sky a meet and greet with Her Highness Sheikha Mozah bint Marwan Al Maktoum. 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. (24) of 2020, Dubai Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum will lead ICD as the chairman of the board . We will continue to foster innovation, especially in future-focused sectors, while driving efficiency and implementing confidence-boosting measures in our traditional economic pillars to set new benchmarks and enhance Dubais global competitiveness and status as the worlds premier business and investment hub," Sheikh Hamdan added. "bF.gxbk_v+&%'X]S^8+ CmW=U*!e =P u:pJwkpxoh=t:x&b'&N |Yg O, 9W&`8luUq4QSp=|30{79$TT?t"8U Message Secretary General. 2 years. Investment Corporation of Dubai revenue up 61% at Dh121.1 billion in 3 0 obj C^L:X,n3Azt/*hB%N( FYHDo7a7-0 V2qm:raq 'DSgK^+,5vLnZ m9WUey]6xBC+/ES+Vu~M5$[ukb;dz}`0jf75JK!qVr*bCq)9TwExYE=w}ZD#kpqg-TK]Yw{/eR,.95g]U|Cuzou=!#ol^B$p(Ur|Chh[$m? H.E. The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai, the principal investment arm of the government of Dubai. H.E. Khaled Al Kamda has over three decades of senior management experience across a number of sectors including airlines, private equity and banking and has also held senior management positions in government establishments. Chairman - Nakheel A leading first-of-its-kind UAE-based investment company, Dubai Investments was incorporated in 1995. Other position holders include board members. He served as the Interim Chief The DIFC is more than just a world-class financial centre. Huda Sayed Naim AlHashimi Director Mr. Jassim Mohammed Abdulrahim Al Ali Director He holds a Bachelors Degree in Economics from Cairo University and Diploma in Banking and Financial Studies from New York. 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 board typically meets at. Copyright 2023, Investment Corporation of Dubai. 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. (25) of 2020 regardingthe board of directors of Meydan City Corporation. Description. Reem bint Ibrahim Al Hashimi, as member; 4. Khalid Bin Kalban is the Managing Director and Chief Executive Officer of DI. ICD has been mandated to enable the globalization and privatization of these iconic brands. Dubai Investments is supported by a visionary leadership and management guiding its growth. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum is its vice chairman. % 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. Our Mission is to add value and expand DIs investment portfolio through sound corporate citizenship, financial engineering, network of relationships, and financial resources. H.E. As a corporation with a mission to create wealth and long-term value, with a focus on sustainability, our impact is rooted in promoting the development of better businesses through responsible ownership considering a broad range of stakeholder issues. Al Saleh is the Vice Chairman of the Emirates National Oil Company (ENOC). 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. We grew . 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 . The Decrees are effective from their date of issuance and will be published in the Official Gazette. He comes on board as an independent non-executive director and joins the current senior representatives from Singapore-based investor Temasek and International Finance Corporation . 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. Mr. Hesham Abdulla Qassim Al Qassim Vice Chairman and Managing Director Mr. Buti Obaid Buti Al Mulla Director H.E. Investment Corporation of Dubai - Public Register | DIFC Copyright Department of Finance 2016, All Rights Reserved. Sheikh Mohammed also issued Decree No. Presently, he is serving as Consul General of Pakistan at Dubai since August 2021. He is also a Business graduate from School of Business, University of Pittsburg, USA. Board Of Directors. empowering UAE women to forge a stronger investment journey - national Dubai Islamic Bank Public Joint Stock Company, licensed & regulated by the Central Bank of the UAE. ?V.0hVFFmz|>;2 eXp World Holdings Reports Q4 and Full-Year 2022 Results Al Mesmar is also a member of the Board of Directors of Emicool LLC and a member of Dubai Investments' Audit Committee. Description of the Class of Personal Data being Processed: Personal details, family, social circumstances and employment details. 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. Let's explore! Syed Salman Rashid holds a Bachelor's Degree from Karachi University and is a Certified Director from Pakistan Institute of Corporate Governance. The company also has a significant presence in neighbouring Oman, and is currently expanding its footprint in Saudi Arabia, Qatar, and Egypt. Mubadala's Board members include some of the UAE's most senior public . 2015 the Supreme Legislation Committee in the Emirate of Dubai 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. Under its umbrella, it carries various other Government units such as, Department of Finance, Dubai Courts, The Executive Council to name a few. 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. Search latest Sindh Police jobs online. The 61 percent growth in ICDs revenues and a more than ten times increase in its profits during the first half of 2022, despite the global economic slowdown and uncertainty worldwide, reflects the resilience and robustness of Dubais economy and the prudence of its fiscal policies. BOARD OF DIRECTORS - DAE - Dubai Aerospace As a group, we are focused on maintaining momentum and delivering consistent performance and our aim is to continue this phenomenal journey by embarking upon new ideas and innovations as the driving force behind emerging as a leading investment company across the region and beyond. (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.