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The governance of ICD is achieved through the delegation of certain authorities including to various committees that report to and operate under the overall oversight of the Board of Directors. Delegated authority allows for the efficient day-to-day management of ICD and promotes responsibility and accountability.
Dec 31, 2022 · Portfolio Breakdown by Sector % based on ICD’s investment as of 31 December 2022. 23%Banking & Finance Services. 25%Transportation. 3%Oil & Gas. 6%Industrial. 18%Hospitality & Leisure. 15%Real Estate & Construction.
The following information is provided to protect against fraudulent activity involving institutions or individuals fraudulently holding themselves out to be employees, senior management and/or illicitly using details relating to the Investment Corporation of Dubai (ICD). Please be aware that: • ICD uses the domain name “@icd.gov.ae”.
Our Organisation. ICD is entrusted with creating wealth and long-term value to the Emirate of Dubai through the consolidation of the Government’s portfolio of commercial companies and investments. In doing so, ICD conforms to strict principles of corporate governance, follows an operating model that consistently delivers on ICD’s business ...
Investment Corporation of Dubai's investment portfolio is comprised of wholly and partly owned government businesses. ICD's mandate is to generate a superior return on investment, in a way that ...
Investment Corporation of Dubai and its subsidiaries NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 22 1 ACTIVITIES Investment Corporation of Dubai, an entity wholly owned by the Government of Dubai (the "Government"), was established in Dubai on 3 May 2006 under Emiri Decree 11 of 2006 issued by H.H. Sheikh Mohammed Bin Rashid
May 29, 2024 · Record Net Profit for the Year 2023 of AED 60.8 Billion Record Assets of AED 1.32 Trillion. ICD (Investment Corporation of Dubai) announced today its consolidated financial results for the year ended 31 December 2023 having generated record Revenues of AED 310.2 Billion and a record Net Profit of AED 60.8 Billion, representing an exceptional achievement surpassing last year’s earnings.
