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Decree

General UAE Legal Questions LawDecree No. (30) of 2019

Dubai Law·30 of 2019

Issued Date
September 4, 2019
Effective from
September 4, 2019
Articles
2
Last synced
Sep 7, 2026
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Plain-language summary

Establishes the Board of Directors of the ICD under the chairmanship of the UAE leadership, with specified members including senior emirate officials.

Synced from the official UAE Legislation portal · Plain-language summary by the LEXAI editorial team

Article-level text

Key Articles

2 articles

  1. 1

    Article 1

    Article (1) a. The Board of Directors of the ICD is hereby formed under Our chairmanship, and with the membership of: 1. H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, as vice chairman; 2. H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, as member; 3. H.H. Sheikh Ahmad bin Saeed Al Maktoum, as member; and 4. H.E. Mohammed Ibrahim Al Shaibani, as member. The Board of Directors is appointed for a renewable term of three (3) years. b. Where the Board of Directors of the ICD is not reconstituted upon expiry of the term of membership of the members mentioned in paragraph (a) of this Article, these members will continue to perform their duties until they are reappointed or replaced by new members. ©2020 The Supreme Legislation Committee in the Emirate of Dubai 1Every effort has been made to produce an accurate and complete English version of this legislation. However, for the purpose of its interpretation and application, reference must be made to the original Arabic text. In case of conflict, the Arabic text will prevail.

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    Decree No. (30) of 2019 Forming the Board of Directors of the Investment Corporation of Dubai Page 2 of 2 Commencement and Publication

  2. 2

    Article 2

    Article (2) This Decree comes into force on the day on which it is issued, and will be published in the Official Gazette. Mohammed bin Rashid Al Maktoum Ruler of Dubai Issued in Dubai on 4 September 2019 Corresponding to 5 Muharram 1441 A.H.

    -- 2 of 2 --

Note: This legislation is sourced from the Dubai Legislation Portal (dlp.dubai.gov.ae). The original Arabic text is the authoritative version.

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