Investment Corporation of Dubai

United Arab Emirates – Dubai US$ 70 Billion
Established: 2006
Transparency Rating: 5
View Sovereign Fund Transaction Data
View Asset Allocation
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Origin: Oil
Firm Investment Style: Portfolio
Entity Structure: Corporation
UAE

Investment Corporation of Dubai

Summary
In the Emirate of Dubai of the United Arab Emirates, the sovereign wealth fund, is broken into several operating investment companies. It was formed in May 2006, with the transfer of the government’s portfolio of investments from The Department of Finance’s Investment Division.

Background
Similar to Abu Dhabi’s strategy, Dubai developed plans to diversify their reliance on oil exports through creating sovereign wealth vehicles. One of its goals is to help better manage Dubai’s state-owned enterprises.

Created in May 2006, the Investment Corporation of Dubai is under a mandate to consolidate and manage the Government of Dubai’s portfolio of commercial companies and investments; and provide strategic oversight to the portfolio.

Strategy & Objectives

>> SWF Asset Allocation

Key Executives and People

Main Office
Address Dubai International Financial Center
DIFC – Gate Village 7, 6th Floor
Dubai
United Arab Emirates
P.O. Box 333888
Tel: +971 4 707 1333
Fax: +971 4 707 1444

Governance
The Investment Corporation of Dubai is governed by a board of directors.

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