Investment Corporation of Dubai

Investment Corporation of Dubai
Type	Sovereign wealth fund
Headquarters	Dubai, United Arab Emirates
Key people	Sheikh Mohammed bin Rashid Al Maktoum (Chairman) Sheikh Hamdan bin Mohammed Al Maktoum (Vice Chairman) Mohammed Al Shaibani (CEO and Executive Director)
Website	ICD

The Investment Corporation of Dubai (ICD) is a state-owned holding company that can be characterized as a National Wealth Fund owned by the government of Dubai, United Arab Emirates. Established in May 2006 with the transfer of the government's portfolio of investments from The Department of Finance's Investment Division, its role is to supervise the government's investment portfolio while adding value.

Investments

The funds key investments include:^[1]

Utilities & Energy Sector
- Emirates National Oil Company (ENOC)
Transportation Sector
Financial Sector
- Emirates NBD
- Dubai Islamic Bank
- Borse Dubai
- Commercial Bank of Dubai
- Union National Bank
- National Bonds
- Noor Islamic Bank
- National Bank of Fujairah
- HSBC Middle East Finance Company
Industrial Sector
- Dubai Aluminium Company Limited (DUBAL)
- Dubai Cable Company (DUCAB)
- Cleveland Bridge & Engineering M.E. (Pvt.) Ltd. (CBEME)
- Jeema Mineral Water
- Dubai Ice Plant & Cold Stores
Real Estate & Leisure Sector
- Emaar Properties
- Dubai World Trade Centre
- Deira Investments
- Dubai Development
- Atlantis, the palm
Other Holdings
- Dubai Investments
- Emirates Rawabi
- Galadari
- Emirates Investment and Development
- Dangote Cement^[2]

References

External links

Investment Corporation of Dubai

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