Investment Corporation of Dubai (ICD) is the principal investment arm of the Government of Dubai.

Established in 2006, ICD manages a broad portfolio of assets, both locally and internationally, across a wide spectrum of sectors that support Dubai dynamic economy.

ICD mandate is to:

Consolidate and manage the Government portfolio of commercial companies and investments.
Provide financial and strategic oversight to the portfolio in order to maximise value for the long- term benefit of the Emirate of Dubai.

Our approach to asset allocation and investment selection is underpinned by the following features:

Robust capital budgeting process, giving consideration to existing commitments, the effective build-out of long term investment themes, and well-timed capital recycling

Clear framework for capital allocation across asset classes, sectors and geographies

Partnership with external fund managers to secure the best access to high quality investments globally

Continuous evaluation of market dynamics and industry trends to develop views on asset classes and sector attractiveness, encourage the development of new investable hypotheses and shape our approach on possible allocation

Efficient implementation combining quality execution and an ability to respond to opportunities with appropriate speed

Regular evaluation of key performance metrics to assess the health of the portfolio and the success of the investment strategy