Managing director, Investment Corporation of Dubai
Origin: UAE
Residence: UAE
Sector: Diversified
The Investment Corporation of Dubai (ICD), of which Al Shaibani is managing director, generated revenue of Dhs121.1bn ($32.9bn) for the first half of 2022, while its first-half net profits of Dhs14.8bn ($4bn) rose more than 10 times compared to the same period during the previous year. The principal investment arm of Dubai government, ICD has holdings in major entities such as Emaar, Emirates, Dubai Duty Free, Emirates NBD and Dubai World Trade Centre. Outside of ICD, Al Shaibani is also the chairman of Dubai Islamic Bank and Nakheel.