Sovereign Funds
Investment Corporation of Dubai
United Arab Emirates · 2006 · Government of Dubai
The principal investment arm of the Government of Dubai, by its own description; it is wholly owned by the Government of Dubai and was established on 3 May 2006 under Law No. 11 of 2006, according to its 2025 interim financial statements. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, chairs its Board of Directors under Decree No. (23) of 2026. It is the parent company of Emirates NBD and the owner of the Emirates Group; in May 2026 it transferred its entire 22.27% stake in Emaar Properties to Dubai Holding.
Mandate: The principal investment arm of the Government of Dubai, by its own description.
Verified · updated 4 Oct 2026
Key facts
AED 358.97 bn
Revenue
Investment Corporation of Dubai — Annual Report 2025 (financial highlights)·FY2025·source dated 14 May 2026·updated 4 Oct 2026·About this indicator
AED 1,680.21 bn
Total assets (as reported)
Investment Corporation of Dubai — Annual Report 2025 (financial highlights)·end-2025·source dated 14 May 2026·updated 4 Oct 2026·About this indicator
AED 58.29 bn
Net income
Investment Corporation of Dubai — Annual Report 2025 (financial highlights)·FY2025·source dated 14 May 2026·updated 4 Oct 2026·About this indicator
Ownership and relationships
- parent company ofEmirates NBD· 40.92%
Emirates NBD — audited FY2025 financial statements and annual report ↗·as of 31 Dec 2025·source dated 26 Jan 2026·updated 4 Oct 2026
- owner ofEmiratesDubai Media Office · as of 7 May 2026 ↗
- joint owner ofEmirates Global AluminiumEmirates Global Aluminium — corporate website · read on 17 Oct 2026 ↗
- Chairman:Hamdan bin Mohammed bin Rashid Al MaktoumDubai Media Office · source dated 29 Sep 2026 ↗
Key people
- Hamdan bin Mohammed bin Rashid Al Maktoum · Crown Prince of Dubai; Chairman, Investment Corporation of Dubai
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Sources
- Investment Corporation of Dubai — Annual Report 2025 (financial highlights) · reporting.icd.gov.ae