HE MOHAMMED IBRAHIM AL SHAIBANI

CEO, INVESTMENT CORPORATION OF DUBAI ORIGIN UAE RESIDENCE UAE SECTOR FINANCE 2016 RANK 20

Despite a difficult year across most of the emirate, Al Shaibani proved that Investment Corporation of Dubai could still produce results in 2016 with the announcement of $2.8bn of net profit for the first half of the year. The company, which has holdings in major Dubai entities including Emirates NBD, Dubai Islamic Bank, Emirates Airline, Dubai Duty Free, Atlantis The Palm, the Burj Khalifa and Dubai World Trade Centre, added to its portfolio in 2016 with the purchase of Porto Montenegro Marina and Resort. Al Shaibani is also expected to play a role in raising $3bn of initial financing to support the expansion of Dubai International and Dubai World Central Airports.