Al-Shaibani: DIB’s influential chairman


Issue 1028 - 15 Dec 2016 | 2 minute read

Arthur Fitzwilliam’s allegation that Dubai Islamic Bank “procured” his arrest is significant as it implies a level of collusion between the bank and the state authorities which could embarrass the bank’s chairman Mohamed Ibrahim Al-Shaibani, an influential and well-connected figure in the emirate. As well as being director general of the Ruler’s Court, he is CEO and executive director of the Investment Corporation of Dubai (ICD), which after the crash became the emirate’s lead investment vehicle.

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