Investment corporation of Dubai was incorporated on 3 May 2006 pursuant to a decree of H.H The Ruler of Dubai (Law No.11 of 2006 Establishing the Investment Corporation of Dubai). ICD is directly and wholly-owned by, and is the principal investment arm of the Government of Dubai. ICD’s investment portfolio represents a cross-section of Dubai’s most recognised and significant companies in sectors which the Government of Dubai has deemed to be strategic for the continued development and growth of Dubai and the UAE.