In his capacity as the Ruler of Dubai, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, has issued Decree No. (40) of 2023 pertaining to the formation of the Board of Directors of the Investment Corporation of Dubai (ICD), chaired by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board.
Other members of the Board include: His Highness Sheikh Ahmed bin Saeed Al Maktoum; His Excellency Mohamed Hadi Al Hussaini; Her Excellency Reem bint Ebrahim Al Hashimy; His Excellency Sultan bin Saeed Al Mansouri; His Excellency Mohammed Ibrahim Al Shaibani; His Excellency Abdulrahman Saleh Al Saleh; and His Excellency Helal Saeed Al Marri. HE Mohammed Ibrahim Al Shaibani will also serve as the Managing Director of ICD.
The Decree is effective from its date of issuance, and will be published in the Official Gazette.