Company Overview
Investment Corporation of Dubai is the principal investment arm of the Government of Dubai, established in 2006 to consolidate and manage the government's portfolio of commercial companies and investments. Its holdings span banking and financial services, transport and aviation, energy and industry, real estate and hospitality, including stakes in many of Dubai's flagship enterprises.
The corporation invests to strengthen Dubai's economy and its position as a global business hub, holding its positions for the long term and participating in joint shareholdings with other UAE state investors, including its stake alongside ADQ in Ducab, the UAE cable and metals manufacturer.
Recent Leadership News
At portfolio company Ducab, Matteo Bavaresco was appointed Group CEO in July 2026, with former interim chief Gert Hoefman moving to the board.
Facts compiled by Executive Moves from publicly available news and press releases on 11 July 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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