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Mohammed Ibrahim Al Shaibani (Arabic: محمد إبراهيم الشيباني), is a non-royal government official in Dubai, UAE, currently serving as director general of The Dubai Ruler's Court, a government entity within the Emirate of Dubai (also known as Al Diwan Al Amiri, or Diwan Al Hakim).

He is the board member & managing director of the Investment Corporation of Dubai and the vice chairman of the Supreme Fiscal Committee of Dubai. He is a member of the Executive Council of Dubai, an entity that oversees and supports government bodies in the emirate.

He is chairman of Dubai Islamic Bank (DIB) and sits on the boards of several state owned UAE enterprises, such as Dubai World and Dubai Aerospace Enterprise (DAE).

Career

Early life

According to a profile in Arab News, he has a Bachelor of Computer Science from a university in the United States. He started his career at Dubai Ports Authority and Jebel Ali Free Zone, where he worked for seven years. After that, he moved to Singapore where he spent four years as managing director of Al Khaleej Investments.

Government roles

Since 1998 Al Shaibani has held president's position with the Dubai Office, a private management entity for the Royal Family of Dubai. In this capacity, he represented the interests of the ruling family in London for eight years from 1999 to 2007. He currently oversees the functioning of this office from Dubai.

Mohammed Al Shaibani is also a member of the Executive Council, Government of Dubai, which was created in 2003 to support government authorities in maintaining the stability and organization of the emirate, in addition to developing its society and economy. The Executive Council is responsible for setting and implementing the general strategy of Dubai, as well as enforcing local laws. The Council also sets the annual budget for the Government of Dubai.

Al Shaibani also serves as the vice chairman of the Supreme Fiscal Committee (SFC) of Dubai since its inception in 2007. This five-man committee supervises the Dubai Financial Support Fund. In 2008, Al Shaibani was appointed director general of The Ruler's Court, Government of Dubai, by Emiri decree issued by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai.

Business involvement

In 2008, Al Shaibani was appointed as chairman of the Board of Directors of Dubai Islamic Bank (DIB), an Islamic bank based in Dubai. DIB is also considered as the first bank in the world to apply Islamic principles in all its practices.

An Emiri decree issued in 2012 by Sheikh Mohammed bin Rashid Al Maktoum, ruler of Dubai, reaffirmed Al Shaibani as CEO and executive director of the Investment Corporation of Dubai (ICD), the investment arm that consolidates the assets of the Government of Dubai.

In 2010, Al Shaibani has been appointed as a member of the Board of Directors of Dubai World, the government-owned holding focused on urban development.

In 2013, he served as the deputy chairman of the Higher Preparatory Committee of the World Expo 2020.

After acquiring the entertainment resort Atlantis the Palm in 2013, ICD has purchased significant equity interest in the international firm that manages it, Kerzner International. This was followed by Mohammed Al Shaibani replacing Sol Kerzner as the chairman of the international luxury hotels developer after the latter's retirement in April 2014.

In January 2020, he was appointed chairman of Nakheel, a property developer in Dubai that has recently been named as a member of the higher committee of real estate announced by Sheikh Mohammed Bin Rashid, Vice President and Ruler of Dubai.

Awards and recognition

He was ranked the most influential non-royal official in UAE by the Wall Street Journal in 2010 and one of the country's ten most influential people by Your Middle East platform in 2013. That year, Mohammed Al Shaibani was also considered as the sixth of the 500 most powerful Arabs in the world by Arabian Business, and he was named the 17th of the 100 most powerful Arabs in 2014 by Gulf Business. In 2020, he was ranked at 26 on Construction Week's Power 100 list for 2020. He was featured in Cityscape Intelligence's most influential people in the MENA real estate industry.

References

1. "Board of Directors | Investment Corporation of Dubai". Icd.gov.
2. Thomas, Beatrice (27 September 2015). "Who's behind Dubai's Expo 2020 bid?". Arabian Business. Retrieved 28 June 2020.
3. "The Executive Council Members". Government of Dubai- The Executive Council. 2015. Retrieved 28 June 2020.
4. Staff Writer (23 January 2020). "Dubai Islamic Bank completes the acquisition of Noor Bank". Arabian Business. Retrieved 28 June 2020.
5. ^ Kane, Frank (2017-04-27). "Mohammed Al-Shaibani: An audience with Dubai's top troubleshooter". Arab News. Retrieved 2020-09-30.
6. Magazine, The Middle East (2015-07-10). "Our 50 Top Arabs Listing". The Middle East Online. Retrieved 2020-09-30.
7. Rahman, Fareed (21 January 2020). "Nakheel restructures top management as chairman Ali Rashid Lootah moves to new role". The National. Retrieved 2020-09-30.
8. "The Executive Council". The Executive Council. Government of Dubai.
9. Thomas, Beatrice (27 September 2013). "Who's behind Dubai's Expo 2020 bid?". Arabian Business. Retrieved 2020-09-30.
10. "FACTBOX-The men behind Dubai's supreme fiscal committee". Reuters. 2009-07-22. Archived from the original on August 27, 2016. Retrieved 2020-09-30.
11. ^ Abbas, Waheed. "Nakheel chairman Ali Rashid Lootah resigns, Mohammed Ibrahim Al Shaibani to chair new board". Khaleej Times. Retrieved 2020-09-30.
12. ^ "Dubai ruler issues decrees to restructure boards of Investment Corporation of Dubai and Meydan City Corporation". The National. 15 August 2020. Retrieved 2020-09-30.
13. "Nakheel restructures top management as chairman Ali Rashid Lootah moves to new role". The National. Retrieved 2020-09-30.
14. "Mohammed Al Shaibani appointed Chairman of Dubai Islamic Bank". UAEinteract. UAE National Media Council.
15. "Dubai Islamic Bank appoints new chairman". Gulf News. 10 March 2008. Retrieved 2020-09-30.
16. "ICD's Mohammed Al-Shaibani named chairman of Nakheel". Construction Week Online Middle East. Retrieved 2020-09-30.
17. Barber, Lionel; Khalaf, Roula; Kerr, Simeon. "Hard man battles to complete 'the Task'". Financial Times. The Financial Times Ltd.
18. "Expo 2020 Dubai Higher Committee meets to review developments and operations". Biz Today. 2018-09-19. Retrieved 2020-09-30.
19. "Nakheel chairman Ali Rashid Lootah resigns, Mohammed Ibrahim Al Shaibani to chair new board". Informal Newz - Gulf. 2020-01-23. Retrieved 2020-09-30.
20. John, Isaac. "Dubai completes purchase of 'significant' Kerzner stake". Khaleej Times. Galadari Printing and Publishing LLC.
21. "Nakheel restructures top management as chairman Ali Rashid Lootah moves to new role". The National. 21 January 2020. Retrieved 21 January 2020.
22. Zawya Dow Jones, Reporters (15 March 2010). "Who's Who in the United Arab Emirates". The Wall Street Journal. Dow Jones & Company.
23. Akbari, Nazneen. "10 most influential people in the United Arab Emirates". Your Middle East.
24. "The 500 Most Powerful Arabs in the World". Arabian Business. Arabian Business Publishing ltd.
25. "Top 100 Powerful Arabs 2014". Gulf Business. Motivate Publishing.
26. "2020 Construction Week Power 100 - Construction Week Online". Construction Week Online Middle East. 1 June 2020.
27. "Sultan Bin Sulayem and CEO of Saudi Arabia's NEOM City in real estate 'power list'". gulfnews.com. Retrieved 2021-01-27.
28. "Revealed: Cityscape Intelligence's most influential people in the MENA real estate industry". Cityscape Intelligence | Real Estate Investment Trends & Insights. 2021-01-18. Retrieved 2021-01-27.

• 1964 births
• Living people
• Emirati businesspeople
• Emirati Sunni Muslims
• Emirati bankers
• People from Dubai