INSEAD Day 4 - 728x90

Economy

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

UAE Vice President forms Board of Investment Corporation of Dubai

Sheikh Mohammed bin Rashid Al Maktoum issued the new law.
By TRENDS Desk
October 4, 2023 2:44 pm
  • The board will be chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai
  • Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, will serve as a Vice Chairman of the Board

Dubai, UAE – Vice President and Prime Minister of the United Arab Emirates Sheikh Mohammed bin Rashid Al Maktoum has issued decree for the formation of the Board of Directors of the Investment Corporation of Dubai (ICD), chaired by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai.

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 Sheikh Ahmed bin Saeed Al Maktoum; Mohamed Hadi Al Hussaini; Reem bint Ibrahim Al Hashemy; Sultan bin Saeed Al Mansouri; Mohammed Ibrahim Al Shaibani; Abdulrahman Saleh Al Saleh; and Helal Saeed Al Marri. Meanwhile, Mohammed Ibrahim Al Shaibani will also serve as the Managing Director of ICD.

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INSEAD Day 4- 300x600
INSEAD Day 4- 300x600
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