H.H Sheikh Hamdan appointed as Chairman of ICD

His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, has been appointed as the Chairman of the Investment Corporation of Dubai (ICD).

It comes after His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and the Ruler of Dubai, issued Decree No. (24) of 2020 on the Board of Directors of the ICD.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum will step in as the Vice-Chairman.

Members of the board will include His Highness Sheikh Ahmed bin Saeed Al Maktoum; and Their Excellencies Reem bint Ibrahim Al Hashimy, Sultan bin Saeed Al Mansouri, Mohammed Ibrahim Al Shaibani, Abdulrahman Saleh Al Saleh, Mohammed Hadi Al Hussaini, and Helal Saeed Al Marri.

His Excellency Mohammed Ibrahim Al Shaibani will serve as the Managing Director.

Sheikh Mohammed also issued Decree No. (25) of 2020 on the Board of Directors of the Meydan City Corporation.

The Decrees are effective from their date of issuance and will be published in the Official Gazette.

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