Government of Dubai Media Office - 30 December 2015
In his capacity as Ruler of Dubai, Vice President and Prime Minister of the United Arab Emirates His Highness Sheikh Mohammed bin Rashid Al Maktoum has issued Decree No (39) of 2015 forming the Board of Investment Corporation of Dubai (ICD). His Highness Sheikh Mohammed bin Rashid Al Maktoum is the Chairman of the new Board, and His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum is the Vice Chairman. The Board also includes His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum; His Highness Sheikh Ahmed bin Saeed Al Maktoum; and Mohammed Ibrahim Al Shaibani. The Board serves for a term of three years.
His Highness Sheikh Mohammed bin Rashid also issued Decree No (10) of 2015 forming the Board of Dubai Financial Support Fund (DFSF) under the Chairmanship of Abdulrahman Saleh Al Saleh. Members of the Board also include Majid Saif Al Ghurair, the Vice Chairman; Dr. Riad Mohamed Belhoul; Arif Abdul Rahman Ahli; and Hamdan Khalifa Al Shaer. The Board serves for a three-year renewable term.
Both decrees are effective from the date of issuance, and will be published in the Official Gazette.
-Ends-
© Press Release 2015
