# The Investment Corporation of Dubai

The Investment Corporation of Dubai is an Asset Manager based in Dubai, United Arab Emirates.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** Dubai, United Arab Emirates
- **Region:** Middle East
- **Address:** Al Majlis Street, One Za'abel Tower A Floor 17
- **Founded:** 2006
- **Assets under management:** Undisclosed
- **Website:** www.icd.gov.ae
- **LinkedIn:** https://ae.linkedin.com/company/icd-gov-ae

## Regulatory record

- **Reports private funds:** No

## About

Investment Corporation of Dubai formed in 2006. The firm is based in Dubai, United Arab Emirates. It is a government-owned investment company with investment focus that operates in the region.

## Sectors

- Diversified
- Financial Services
- Infrastructure
- Real Estate
- Travel & Leisure

## People

- Mohammed Ibrahim Al Shaibani — Managing Director

## Questions

### Who runs investment decisions at The Investment Corporation of Dubai?

Mohammed Ibrahim Al Shaibani serves as managing director. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum acts as chairman. Decisions align with directives from the Ruler's Court.

### Does The Investment Corporation of Dubai participate in fund commitments or only direct deals?

ICD executes direct ownership of operating companies and real estate. It also holds limited-partner positions in selected startups such as Nanotronics.

### What investment stages does The Investment Corporation of Dubai typically target?

The firm focuses on mature operating businesses and large-scale real estate. It also maintains early-stage exposure through limited-partner commitments.

### How is The Investment Corporation of Dubai related to Emirates Group?

ICD holds 100 percent ownership of Emirates Group. The airline and its subsidiaries form the largest single holding in the portfolio.

### What geographic footprint does The Investment Corporation of Dubai cover?

Core assets sit in the UAE. Additional holdings exist in the United States, Montenegro and India.

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- [American International Group, Inc. (AIG)](https://altss.com/profile/american-international-group-inc-aig)
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Last updated: 2026-06-03T20:00:00.000Z

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