Mohamed Ebrahim Al Shaibani

AS THE CONTROLLER of Dubai’s commercial and business assets, to say Al Shaibani has his fingers in many pies would be an understatement. The fund’s investment portfolio reads like a who’s who of Dubai business with the likes of Emirates, Emaar Properties, Emirates NBD and SHUAA Capital only the tip of the iceberg. In 2014, the company invested $300 million in a 1.4 per cent minority stake in Africa’s Dangote Cement, and Shaibani indicated the firm was eyeing further opportunities on the continent. Investment Corporation was also expected to complete a deal to increase its 55 per cent stake in Dubai Aerospace Enterprise by the end of 2014.