Mohammed bin Rashid issues Decree on formation of the Board of Dubai World

Government of Dubai Media Office – 16 February 2017In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Decree No (3) of 2017 on the formation of the Board of Directors of Dubai World under the chairmanship of His Highness Sheikh Ahmed bin Saeed Al Maktoum.

Press Release

February 16, 2017

Government of Dubai Media Office – 16 February 2017

In his capacity as Ruler of Dubai, Vice President and Prime Minister of the UAE His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Decree No (3) of 2017 on the formation of the Board of Directors of Dubai World under the chairmanship of His Highness Sheikh Ahmed bin Saeed Al Maktoum.

The new Board is composed of Mohammad Ibrahim Al Shaibani, Abdul Rahman Saleh Al Saleh, Hamad Mubarak Bu Amim, Sa’adi Abdul Rahim Hassan Al Rais and Soon Young Chang. The Board serves for a renewable term of three years.

The new Board holds the responsibilities and authorities outlined in Decree No (23) of 2010. The new Decree is valid from the date of issuance and will be published in the Official Gazette.

Global holding company Dubai World focuses on the strategic growth areas of Transport and Logistics, Drydocks and Maritime, Urban Development, and Investment and Financial Services.

Dubai World's portfolio contains some of the world’s leading companies in their industries, including Drydocks World, Economic Zones World, Istithmar World and majority ownership of DP World.

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