Investment Corporation of Dubai
Native name | مؤسسة دبي للاستثمارات الحكومية |
|---|---|
| Company type | Sovereign wealth fund |
| Founded | 3 May 2006 |
| Headquarters | , |
Key people | Sheikh Hamdan bin Mohammed bin Rashid al Maktoum (Crown Prince of Dubai and Chairman) Mohammed Ibrahim Al Shaibani (Managing Director and Board Member) |
| Revenue | AED 349.6 billion (2024) |
| AUM | AED 1,468 billion (2024) |
| Owner | Government of Dubai |
| Website | icd |
The Investment Corporation of Dubai (Arabic: مؤسسة دبي للاستثمارات الحكومية, ICD) is the principal investment arm of the Government of Dubai in the United Arab Emirates. It was established on 3 May 2006 by a decree of the Ruler of Dubai to manage and consolidate the government's portfolio of commercial companies and investments. At its inception, ICD was capitalized through the transfer of assets from the Department of Finance's Investment Division. Its portfolio includes holdings in sectors such as banking, transportation, oil and gas, real estate, and hospitality, both within the United Arab Emirates and internationally. As of 2024, ICD reported total assets of AED 1.47 trillion and revenues of AED 349.6 billion. By March 2024, it held commercial investments in 85 countries across six continents.