Advance Fee Fraud/Phishing: Investment Corporation of Abu Dhabi (ICAD) / OMRAN ABDULLA MOHAMED

Advance Fee Fraud
Investment Corporation of Abu Dhabi (ICAD)
OMRAN ABDULLA MOHAMED

 

In the first instance you should go here and read our advice page. It is just our general guidance to help you

https://www.scampolicegroup.com/first-for-some-advice-you-may-need  *(!)

 

Advance Fee Fraud
Loan Scam
Phishing
with the name of

Investment Corporation of Abu Dhabi
(ICAD)
Omran Abdulla Mohamed

 

omran@icad-ae.com
info@icad-ae.com
investments.icad@gmail.com

Phone numbers: +971 55 143 2984
WhatsApp: +971 52 662 3557

Number billable as mobile number
Country or destination United Arab Emirates
Original network provider* du

*(!) Website: www.icad-ae.com FAKE!
Reported by Scampolice Group for shutting down

 

INFORMANT:

I was searching for an investor in my business and I found this website: www.icad-ae.com
At first it seemed to be alright but then my suspicitions were aroused and I looked into it further and I was not too happy.
According to my encounter it is another scam.
So I contacted ScampoliceGroup and send the messages that I had. No money was transferred whatsoever, but I want to destroy their future opportunity for scam.

 

WhatsApp (+971 52 662 3557):

 

Messages on a mail box:

Message N 1:
From: Investment Corporation of Abu Dhabi <info@icad-ae.com>
Date: XX October 2020
Subject: Re: Confirm Receipt of the Attached Due Diligence Report and MOU.
To: XXXX

Dear (name removed),
Thank you for your interest in our funding program.
We are interested to collaborate with you in your project, if it proves viable after our consideration. We are ready to fund projects within any sector and geographical area as long as we find the project as presented viable after our review. Our offer for funding is based on a debt finance of 2.5% interest rate annually which is not limited to any sector or region.
Currently ICAD wishes to re-invest through project financing and investment opportunities globally (not limited to the Middle East and GCC region). We are ready to invest in project developments and business ventures that can generate at least 10% ROI annually. Our offer for investment is based on a purely loan/debt financing basis of 2.5% interest rate annually throughout the duration of the collaboration, on long term investment projects that can generate high ROI within the period of funding same project on a minimum investment fund of $1 Million – $5 Billion USD.
We shall be glad to receive a lucrative project from you that can generate a good ROI within the period of funding, If your project is acceptable and it falls within our scope of funding, we shall thus make you an offer on a very clear and precise terms.
We expect your project presentation/Business plan to be able to cover the following functional areas:
– An introduction of your company and structure or an Introduction of the project owner/initiator
– Historical evaluation of business plan (if it is an already existing project or state if it is a new project)
– Financial structure and analysis to support the investment plan and proposition as presented
– in summary, you should state the total amount in US$ or Euros needed to fund the project in a clearly defined time frame
The above needed information’s are to make bid on the business cooperation between Investment Corporation of Abu Dhabi and the project owner to enable further cooperation to commence.

Sincere regards
Omran Mohamed
Chief Investment Officer

Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates **(!)
Tel: +971 551 432984 | WhatsApp: +971 52 662 3557
omran@icad-ae.com | investments.icad@gmail.com
website: www.icad-ae.com (!)

Our Mission: The firm aims to target sound investments within growing markets and industries with a focus on generating steady income streams and building long lasting relationships with institutions that complement and share the INVESTMENT CORPORATION OF ABU DHABI vision.
تمهمتنا: تهدف الشركة إلى استهداف الاستثمارات السليمة في الأسواق والصناعات المتنامية مع التركيز على توليد تدفقات دخل ثابتة وبناء علاقات طويلة الأمد مع المؤسسات التي تكمل وتقاسم رؤية شركة الاستثمار في أبو ظبي.
Our Vision: Is to become a dominant investment firm in the local and regional market, focusing on a diverse range of investments that generate wealth, have a long lasting impact and create value to our communities.
رؤيتنا: هي أن تصبح شركة استثمار مهيمنة في السوق المحلية والإقليمية ، مع التركيز على مجموعة متنوعة من الاستثمارات التي تولد الثروة ، ولها تأثير طويل الأمد وخلق قيمة لمجتمعاتن

 

Message N 2:
From: Investment Corporation of Abu Dhabi <info@icad-ae.com>
Date: XX October 2020
Subject: Re:
To: XXXX

Dear (name removed),
Thank you for your feedback, we shall wait to receive your project business plan for our review/consideration for funding.

Sincere regards
Omran Mohamed
Chief Investment Officer

Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates
Tel: +971 551 432984 | WhatsApp: +971 52 662 3557
omran@icad-ae.com | investments.icad@gmail.com
website: www.icad-ae.com

Our Mission: The firm aims to target sound investments within growing markets and industries with a focus on generating steady income streams and building long lasting relationships with institutions that complement and share the INVESTMENT CORPORATION OF ABU DHABI vision.
تمهمتنا: تهدف الشركة إلى استهداف الاستثمارات السليمة في الأسواق والصناعات المتنامية مع التركيز على توليد تدفقات دخل ثابتة وبناء علاقات طويلة الأمد مع المؤسسات التي تكمل وتقاسم رؤية شركة الاستثمار في أبو ظبي.
Our Vision: Is to become a dominant investment firm in the local and regional market, focusing on a diverse range of investments that generate wealth, have a long lasting impact and create value to our communities.
رؤيتنا: هي أن تصبح شركة استثمار مهيمنة في السوق المحلية والإقليمية ، مع التركيز على مجموعة متنوعة من الاستثمارات التي تولد الثروة ، ولها تأثير طويل الأمد وخلق قيمة لمجتمعاتن

 

Message N 3:
From: Omran Abdulla Mohamed <omran@icad-ae.com>
Date: XX December 2020 
Subject: Re:
To: XXXX

Dear (name removed),
Thank you for your email.
This is to confirm the receipt of your project presentation for our review/consideration for funding, i will personally review the presentation by Thursday and will revert with our funding procedure, if the project as presented is impressive before submitting to our board for the board initial review/funding consideration, we can also provide 100% funding to your request provided the project is viable.
NOTE: More information will be needed during the consideration of this project and I will keep you informed, feel free to call me on the number below for more clarification if need be.

Sincere regards
Omran Mohamed
Chief Investment Officer

Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates
Tel: +971 551 432984 | WhatsApp: +971 52 662 3557
omran@icad-ae.com | investments.icad@gmail.com
website: www.icad-ae.com

Our Mission: The firm aims to target sound investments within growing markets and industries with a focus on generating steady income streams and building long lasting relationships with institutions that complement and share the INVESTMENT CORPORATION OF ABU DHABI vision.
تمهمتنا: تهدف الشركة إلى استهداف الاستثمارات السليمة في الأسواق والصناعات المتنامية مع التركيز على توليد تدفقات دخل ثابتة وبناء علاقات طويلة الأمد مع المؤسسات التي تكمل وتقاسم رؤية شركة الاستثمار في أبو ظبي.
Our Vision: Is to become a dominant investment firm in the local and regional market, focusing on a diverse range of investments that generate wealth, have a long lasting impact and create value to our communities.
رؤيتنا: هي أن تصبح شركة استثمار مهيمنة في السوق المحلية والإقليمية ، مع التركيز على مجموعة متنوعة من الاستثمارات التي تولد الثروة ، ولها تأثير طويل الأمد وخلق قيمة لمجتمعاتن

 

Message N 4:
From: Omran Abdulla Mohamed <omran@icad-ae.com>
Date: XX December 2020 
Subject: Re:
To: XXXX

Dear (name removed),
I hope this email finds you well and in good health, Inshallah.
We are in good receipt of your Business Plans. Personally, i find the proposals and its presentations appealing and impressive as I have been reviewing the contents of the attachment earlier today. We shall therefore, consider a possibility to collaborate with your project as we deem fit and communicate with you accordingly. What ever the out come of our consideration is, we expect your full understand and cooperation. The Investment Corporation of Abu Dhabi funds projects through conventional loan on a 2.5% per annum through out the period under consideration.
In our consideration for collaboration, all projects are considered for funding independently and the specific terms and conditions for granting funding also differs from one project to the other because projects differ in structure and capital requirements for its actualization. The specific term for granting funding for a specific project can only be finalized after our review and consideration based on the offering of the project.
NOTE: The funding application process takes within 3 – 4 weeks to be finalized depending the timely actions and implementations between both parties. The summary of the process includes three important steps.

1. First Appraisal Reading:

The Investment Corporation of Abu Dhabi (ICAD) Board of Directors who are sole decision makers in the funding process will officially review your project as presented and as lodged via the ICAD Macro Loan Application Form with supporting documents, to determine if the project is within our scope of funding and to confirm if the approved budget for re-investment can accommodate the funding of this project. If after this first appraisal reading, the Investment Corporation of Abu Dhabi (ICAD) Board confirms that this project will be funded, the project owner will be officially informed with a Letter of Intent, this letter is only issued to project owners whose project has undergone the First Appraisal Reading and the Board has confirmed that the project is within our scope of funding and also the approved budget for re-investment can accommodate the project through its duration and the next step will be the re-evaluation and assessment (Due Diligence).
2. Re-evaluation and Assessment (Due Diligence):

Re-evaluation and Assessment (Due Diligence): This Due Diligence is rendered by our legal consultant. This consultant acts independently and will render a Final Evaluation/Due Diligence on the project. The consultant will makes a final recommendation to ICAD. The re-evaluation process is the most important exercise in the funding consideration process.
All projects which is adopted for funding by ICAD board during the first reading appraisal are recommended for re-evaluation, a proper Compliance Due Diligence is rendered on all projects approved by the Board, so as to avoid Monetary Laundry Activities and Misconduct which may warrant the Financial Institution Authority here in UAE to charge any funding company to court for not having a copy of an Irrevocable Compliance Due Diligence/Re-evaluation Report Letter after funding must have been disbursed. This re-evaluation and assessment process defines the foundation and the basis for sanctioning the loan to the project owner, As soon as the Due Diligence process if finalized and a copy of the report is sent to the project owner which we expect the project signing confirming the projects owners acceptance of the report, we shall then issue you our Memorandum of Understanding (MOU), then proceed with the finalization and implementation process.
3. Finalization:
Finalization/Fund Disbursement: The finalization and implementation process involves a face to face meeting between, the representatives of ICAD and the project owner to familiarize and discuss the project, Terms/Condition, Contract Legalization/Notarization and obtaining of legal documents such as the Non- Indigenous Company Clearance Mandate, Financial Licenses and all documents required to back up the release/transfer of fund to the projects owner account.
As soon as the terms for sanctioning the loan has been defined and if the terms and conditions as stated is acceptable by both ICAD and the project owner, we shall proceed with the signing of the MOU and actual implementation of fund, which involves fund disbursement to the project owners designated account. More also the project owner is expected to come along with the Contract Legalization/Notarization the Non- Indigenous Company Clearance Mandate, Financial Licenses Fee which will be communicated in the MOU NB: This Fee is 100.00% (One hundred per cent) refundable should the application not be Finalized within the said period .
This is our simple procedures for funding consideration. Kindly send me the below information to support your business plan presentation.
Full Contact details **(!)
– Scan Copy of Project Owner Identification.
– Certificate of Incorporation
– in summary, you should state the total amount in US$ or Euros needed to fund the project in a clearly defined time frame
Loan Application Form Attached.
kindly confirm the receipt of this information and your understanding/acceptance based on the above communication for our records, I will be available for a call more clarification if need be.

Sincere regards
Omran Mohamed
Chief Investment Officer

Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates
Tel: +971 551 432984 | WhatsApp: +971 52 662 3557
omran@icad-ae.com | investments.icad@gmail.com
website: www.icad-ae.com

 

**(!) Never send your personal details to anybody on the Internet!

 

Attachment 1:

This Agreement is made and entered into by and between:
First Party: Investment Corporation of Abu Dhabi

Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates.
(Hereinafter refer as First party, Investor/Holding Company)

AND
(r e m o v e d)

SUMMARY OF TERMS AND CONDITIONS:
PRINCIPAL: Investment Corporation of Abu Dhabi
CLIENT: (removed)
FACILITATOR: GOTRANS TECHNICAL SERVICES LLC
FACILITY TYPE: LONG-TERM
PROJECT AMOUNT: $22,000,000
TENURE: 4 YEARS
GRACE PERIOD: 12 MONTHS
REPAYMENT: Installments
REPAYMENT SOURCE: Proceeds from operational cash flow and other sources
acceptable to the bank.
INTEREST RATE: 2.5% per annum

NOW THEREFORE THIS AGREEMENT WITNESSES that, in consideration of the mutual covenants and agreements contained herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged by each of the parties hereto,the parties hereby covenant and agree as follows:

ARTICLE 1:
The First Party is a qualified investor by SEC Rules and Regulation and hereby agrees to the following terms and conditions of business funding, and confirms the funds and irrevocable nature of this contract: Such funds are available for consummation of this transaction by execution of this agreement and fulfillment of the agreed procedures.

EFFECT:FACSIMILE EXECUTION OF THIS MOU CONTRACT MAKES INVESTMENT BY FIRST PARTY IRREVOCABLE AND CERTAIN. IF FIRST PARTY FAILS TO INVEST THE $22,000,000. AT THE CLOSING WHEN SCHEDULED OR OTHERWISE NOTIFIES SECOND PARTY OF RESCISSION, FIRST PARTY SHALL REIMBURSE SECOND PARTY FOR ANY EXPENSES INCURRED TO SATISFY THIS MOU/CONTRACT.

Article 2: Terms and Conditions for the Offered Loan:

Currency: $.Total Amount of Investment Fund: $22,000,000 Payable to Second Party’s commercial or trust account as directed by the Second party after first party and his financial Facilitator have determined that due process and closing requirements have been completed. Due process and closing requirements are limited to fulfillment of the following items:

* MOU Document Endorsement
* Second Party’s Documents(Statement of Account & Company Certificate of Incorporation)
* Valid ID such as International Passport Copy or A Driver’s License
* A Letter written with the Second party’s Company Letter head stating in Capital Letter Second Party’s Company’s Account details and approving it to be the beneficiary account forthe wire of the Investment funds of $22,000,000.
* Contract Legalization, Notarization, Company Registration, SPV Formation and Beneficiary Documents Endorsement of $38,650. (All Documentation Costs, Fees $38,650 ), shall be made available to the Second Party.

The Investment allows for 12 Months Moratorium (Grace) Period to the Second Party where by there will not be any mandatory Request for Return On Investment (Interest) for the first 12 Months of this investment but the Interest accumulated over the First 12 Months will be calculated and paid from the Second 12 Months of Investment.

Nature of Interest Rate Calculation Determinants: Interest/ROI are calculated based on the specific amount of investment funds used for each year and not on the total investment funds invested such as if only $100,000 was the only funds used by the Second Party in the first year then only 2.5% of the used $100,000 will be calculated and not 2.5% on the total investment funds of $22,000,000 and the only measure through which this can be calculated will be through the mechanism of the SPV Bank Account that will opened by the Second Party and that is why it is mandatory,inevitable and advisable for the SPV Bank Account to be opened and interest calculation except as otherwise stated in this agreement, will be computed/calculated on the basis of a 360-day year and Installments of principal amount which are not paid when due under this agreement shall continue to bear interest until paid.

Default Rate. Upon the occurrence and during the continuance of any event of default under this agreement, all amounts out standing under this agreement, including any interest which is not paid when due,will at the option of the First Party bear and maintain the same fixed Interest rate of 2.5%.

DISBURSEMENTS, PAYMENTS AND COSTS
(a) Each payment by the Borrower should be made directly to the Account of the First Party as directed by the First Party’s bank.
(b)Each disbursement by the First Party and each payment by the Borrower will be evidenced by records kept by the Funds Managers.

ARTICLE 3: SOURCE OF FUNDS. The investment funds are to be by INVESTMENTS CORPORATION OF ABU DHABI owned by the government of Abu Dhabi,UAE. The recitals set forth above constitute an integral part of this agreement at all times and considered as a fundamental condition to execute it.

ARTICLE 4: PURPOSE OF THIS AGREEMENT: The purpose of the present agreement is to define the contractual relationship between the First Party and the Second Party, whereas the First Party invests in the desired Project of the second party through a Loan Partnership Contract after Facsimile or Email signature,this MOU contract will serve as the Loan Partnership Contract for all intents and purposes.The Second Party hereby declares that he is determined to accept the sum of $22,000,000 upon completion of Financial Obligation/Modalities thereof from the funds offered by the First Party, in order to successfully finance and execute the Second Party’s desired Project as described in Article 6 herein.

ARTICLE 5: RIGHTS GRANTED:The First Party will not interfere with the Second Party’s investment plan and Business activities. Its concern is that the Second Party fulfills its financial obligations and provisions as stated in this Agreement. The Second Party hereby accepts to use and invest the above-mentioned fund in his company’s Project under the terms of this MOU agreement. The First Party will prepare and transfer the offered funds in the amount of $22,000,000 to the account of the Second Party in SPV Account in the UAE as reflected in Article 1 hereof, for transfer to the Second Party only after closing requirements identified in Article 2 hereof have been met.

ARTICLE 6: PURPOSE OF THE RAISED FUNDS:The provision of the fund is to enable the Second Party to conduct its business and Management affairs which is aimed at enabling the Second Party the financial capability to carry out the development of this Project and which will also enable the second party to do all things deemed necessary for its project execution including but not limited to only the purchase of land,equipment’s,professional Services,Leasehold Improvements, Property ETC. To benefit the said Project.

ARTICLE 7: DUTIES OF THE FIRST PARTY: First Party, Upon Facsimile or Email executing this MOU Contract,shall request his Financial and legal Consults to immediately provide Second Party with a request for theInsurance Surety Bond license and offshore company documents they will need for closing in Dubai UAE.
To make available to the Second Party, subject to Article 1 hereof, the sum of $22,000,000 . Thereof through a wire transfer to the SPV Account of the Second Party , after the fulfillment of all legal Financial Obligations contained in Article 2 by second party, MOU contract signed by both parties, and other
accompanying documents,are signed by both parties to confirm that the Second Party is legally entitled to enter in such business arrangement with him and to make sure that the fund released is judiciously put into the intended Project.
To make sure that the necessary transaction documentation is obtained by the second party at the close of the meeting/transaction.That the first party consent to the agreement that, any costs lying on the part of the second party associated with the initiation of the Venture described in this agreement such as (Contract Legalization, Notarization,Documents Endorsement Company
Registration and SPVAccount Opening) shall be covered by the Second Party.

ARTICLE 8: DUTIES OF THE SECOND PARTY, REPRESENTATIONS AND WARRANTIES:

The Second Party hereby represents and warrants to the First Party as follows, and acknowledges and confirms that the Lender is relying on such representations and warranties in connection with the Loan:

8.1 Corporate Power: The borrower has all requisite corporate power and capacity to receive funds from the First Party,to carry on its business,to enter into each of the loan documents and to complete the transaction provided for herein.
8.2 Company Formation: Borrower’s Company is duly formed and existing under the laws of the state where organized.
8.3 Authorization. This agreement and any instrument or agreement required hereunder, are within the borrower’s powers, have been duly authorized, and do not conflict with any of his company’s organizational mode of conduct.
8.4 Enforceable Agreement. This agreement is a legal,valid and binding agreement of the Borrower, enforceable against the Borrower in accordance with its terms(except to the extent such enforcement is subject to applicable bankruptcy, insolvency, reorganization, moratorium or other laws affecting
creditors’ rights and subject to general principles of equity, regardless of whether considered in a proceeding in equity or at law), and any instrument or agreement required hereunder, when executed and delivered, will be similarly legal, valid, binding and enforceable.
8.5 Good Standing. In each state in which the borrower does business, it is properly licensed, in good standing, and, where required, in compliance with fictitious name statutes except where the failure to do so,individually or in the aggregate, could not reasonably be expected to have a material adverse
effect.
8.6 No Conflicts. This Agreement does not conflict with any law, agreement, or obligation by which the borrower is bound.
8.7 Financial Information. All financial and other information that has been or will be supplied to the First Party is sufficiently complete in all material respects to give the First Party accurate knowledge of the borrower’s (and any guarantor’s) financial condition, including all material contingent liabilities.
Since the date of the most recent financial statement provided to the First Party, there has been no event or circumstance, either individually or in the aggregate, that has had or could reasonably be expected to have a material adverse effect.
8.8 Lawsuits. There is no lawsuit, tax claim or other dispute pending or threatened against the Borrower which, if lost, could reasonably be expected, individually
8.9 Permits, Franchises. The borrower possesses all permits, memberships, franchises, contracts and licenses required and all trademark rights, trade name rights, patent rights and fictitious name rights necessary to enable it to conduct the business in which it is now engaged except where the failure to do so, individually or in the aggregate, could not reasonably be expected to have a material adverse effect.
8.10 Other Obligations. The borrower is not in default on any material obligation for borrowed money, any material purchase money obligation or any other material lease,commitment, contract,instrument or obligation, except as have been disclosed in writing to the First Party.
8.11 Tax Matters. The borrower has no knowledge of any pending assessments or adjustments of its income tax for any year and all taxes due have been paid, except as have been disclosed in writing to the First Party or except as being contested in good faith by appropriate proceedings and adequately reserved against in accordance with GAAP or any organization that has the same responsibility as GAAP in the Second party’s country.
8.12 No Event of Default. There is no event which is, or with notice or lapse of time or both would be, an event of default under this agreement.
8.13 To provide a valid bank account of the Second Party for the deposit/wire transfer of the investment funds, subject to Article 1 hereof, to be used for the said investment.
8.14 To ensure utilization of funds authorized by the First Party, in discretionary manner designed to benefit the desired Second Party’s Project business as described more specifically in Article 6 hereof.
8.15 To acknowledge the availability of the fund in writing to the First Party immediately after 72 hours of wire transfer and immediately on reflection of the wired investment funds in the Second Party SPV Account .

ARTICLE 9: SECURITY/COLLATERALS: Insurance Guarantee Bond 2% negotiable
A Promissory note will be given by the borrower’s company in the whole sum of the loan within 3 banking days after withdrawal of the loan.
The Insurance Policy of 2% payable to UAE, Insurance Company can be negotiated and will be covering the risk of non performance by the borrower.
Both the Promissory Note of (removed) and the Insurance policy will be the Guarantee for the loan granted Repayment.

ARTICLE 10: Board Representation: The FIRST PARTY shall be inactive or nominal without ANY voice in the day to day running of the business as long as the second party fulfils its Financial and business development obligations set out in Article 6 hereof.
ARTICLE 11: Investment Expenses: Closing and wire of capital: After fulfillment of all obligatory financial obligations for offshore bank account, insurance surety bond, loan interest protection bond application & filling, MOU contract is manually signed by both parties and after the MOU contract is notarized and filed and money laundering compliance (SUBJECT TO ARTICLE 1 HEREOF) is effected by the First Party’s legal counsel, it will take 2 hours BY TELEGRAPHICTRANSFER SWIFT after   initial bank to bank communication to set-up loan funds transfer window time – frame between the custodial fiduciary bankers to both parties internally to effect wire transfer and acceptance of Investment capital thereafter and another 24 to 72 hours for the Second party to confirm the amount in its bank SPV Account. Any legal fees lying on the part of each party prior to funds transfer will solely be administered by each party.This MOU contract will not be in effect until the second party has received the net investment proceeds of $22,000,000 , in the Second Party’s SPV Account. The net investment received internally,by wire in the Second Party’sSPV
Account will be the actual amount that is invested in this investment.

ARTICLE 12: APPLICABLE LAW:This Agreement shall be construed in accordance with and governed for all purposes by the laws of Arbitration within UAE under Articles ICC 500 applicable to contracts executed and pertaining to private funding transactions/Instruments abroad.Any dispute arising hereunder shall be referred to and heard in only a court located in UAE and the place of arbitration shall be UAE.

ARTICLE 13: DURATION OF THIS AGREEMENT:This MOU Contract shall be effective from the date executed by facsimile signature. The loan investment shall begin when $22,000,000 is transferred, processed and confirmed by both parties and confirmed to be available in the account of the Second Party (AS REFLECTED IN ARTICLES 8 AND 11 HEREOF) and shall expire 4 years from said date of manual signing of this Contract.
Afterwards, this agreement may be extended, revised or amended by mutual agreement of parties hereto.

ARTICLE 14: TERMINATION OF COMMITMENT. The Borrower may, without penalty of premium, upon notice to the First Party, terminate the Commitment, or from time to time permanently reduce the commitment ; provided that (i) any such notice shall be received by the First Party not later than 11:00 a.m three business days prior to the date of termination or reduction, (ii) any such partial reduction shall be in an aggregate amount of $1,000,000 or any whole multiple of $1,000,000 in excess thereof, (iii) All
fees or Interests accrued until the effective date of any termination of the Commitment shall be paid on the effective date of such termination.

ARTICLE 15: EXPIRATION AND CANCELLATION: Non- Disclosure: Each Party agrees not to disclose or otherwise reveal to any Third Party the identities,addresses, telephone numbers, patent right, facsimile numbers, E-mail addresses, telex numbers, bank codes, account numbers,financial reference, Business Plan, or any other entities introduced by either Party to the other without the specific written permission of the introducing Party except where legally required inclusive of both internal and external legal,accounting and other professional representatives.
VIOLATION OF THIS PROVISION, HOWEVER, IS NOT AN EVENT OF DEFAULT.

15.1 Events of Default. The occurrence of any of the following events shall constitute an event of default.
(a) Default by the Borrower,in payment of money such as Interest and loan principal amount to the lender when due unless such default is remedied within 15 business days of the receipt of the notice from the lender to the borrower;
(b) Default by the borrower in the performance or observance of any covenant, condition or obligation contained in any Loan Document unless remedied within 15 business days after notice thereof by the lender to the borrower.
15.2 Remedies upon Default. Upon the occurrence of any event of default, the lender may:
(a) Declare all entire principle amount and interest to be immediately due and payable;
(b) But if in the case of the Inability by the borrower to pay the declared principal investment amount inclusive of any accrued interest then the lender will have the option of converting his principal loan amount to equity stake in the borrower’s company and while both the lender and borrower will decide
amicably the value of the principal loan amount in the ratio to the equity stake in the borrower’s company after the offshore funds manager in respect to the surety bond provisions must have paid 50% of the loan principal amount back to the lender and while the value of the remaining 50% will be decided for equity conversion.

Parties bound: This agreement shall be binding upon all undersigned parties and their heirs,successors, associates, affiliates and assigns. Each Party shall take reasonable steps to ensure that their employees, agent’s representatives, officers, independent Contractors,Shareholders,principals and other third Parties abide by the provisions of this agreement.

Notice: Notices to First Party. To promptly notify the First Party in writing of:
(a) Any lawsuit over $500,000 against the Borrower (or any guarantor).
(b) Any dispute over $500,000 between any governmental authority and the borrower (or any guarantor).
(c) Any event of default under this agreement, or any event which, with notice or lapse of time or both, would constitute an event of default.
(d) Any event or circumstance, either individually or in the aggregate, that has had or could Reasonably be expected to have a material adverse effect.
(e) Any change in the Borrower’s name, legal structure, place of business, or chief executive office if the Borrower has more than one place of business.

All notices, demands, consists, or requests given by the parties shall be in writing transmitted by telecopy or other means of facsimile transmission with return confirmation requested, postage prepaid, to the other Party at the last facsimile number or address the Party has designated by notice herein. Notice shall be considered to have been given by fax, email attachment or scanning of the documents.

Language: The language in all the agreement shall be in all cases constructed simply according to its fair meaning and not strictly for or against any of the Parties, and it is agreed that the English language shall be used in all cases.
Severability: Should any portion of this agreement be declared invalid or unenforceable, and then such portion shall be deemed to be several from this agreement and shall not affect the remainder hereof.
Integration: This agreement constitutes the entire Non circumvention agreement between the Parties and supersedes all prior discussions, negotiations and agreements, whether oral or written.The parties further intend that this agreement constitutes the complete and exclusive statement of its terms.
Amendments: Any change or amendment to this agreement, including oral modification supported by new consideration, must be reduced to writing and signed by all Parties before it will be effective.
Waiver: No waiver of or default of any of this agreement by any party shall be implied from any omission of such party to take action against the defaulting party. One or more waivers of any covenant, terms or condition of this agreement by any party shall not be considered to be waiver of,or renders unnecessary, consent or approval of said party of any subsequent or similar acts or omission.

This agreement expresses the entire understanding of the parties hereto and replaces any and all former agreements or understandings,written or oral,relating to the subject matter hereof.Paragraph headingsare for the convenience of the parties only and shall have no legal effect what so ever. Any controversy or claim arising out of or in relation to this agreement or validity,construction or performance of this or the breach thereof, shall be resolved by arbitration before legal action is taken.

In case of legal action, the First Party will be responsible for all legal costs.

Attorney’s Fees: If any party files any action or brings any proceeding against other arising from this agreement the UAE fee structure will apply.

Relationship: The Parties here first and second are deemed to be Partners or Joint ventures and no Party shall be liable for any other Party’s commitments or liabilities resulting from execution of this agreement.

Force and Effect of Documents: The Parties hereto agree that a signed telefax, scanned email copy or other facsimile copy of this agreement shall have the full force and effect as the original of this document. The subscribing parties hereby acknowledge that they have reviewed all the afore mentioned terms and conditions with their legal advisors and fully understand its contents and bindingly agree to execute the terms of this MOU.

IN WITNESS WHEREOF,the Parties hereto execute this agreement by their authorized signatories.

“Loan Application Form”

Attachment 2:

«DUE DILIGENCE REPORT”

TEXT:

ATTN: CHAIRMAN OF THE BOARD
(r e m o v e d)

Dear Sir,

IRREVOCALBLE LOAN INVESTMENT APPROVAL & ACKNOWLEDGEMENT ON THE
ELECTRONIC DUE DILIGENCE REPORT

We hereby acknowledges receipt of the above-mentioned electronic Due Diligence report and irrevocably given our approval per funding of the (removed) in the Loan Investment of $22,000,000 for a period of 4 years with 12 months grace period.

The Investment Corporation of Abu Dhabi has issued this irrevocable approval based on the credible report/analysis with regard to internal due diligence conducted on your business plan and all the information supplied in your filled Application Form.

(removed) Project Electronic Due Diligence Report:
Project Amount: $22,000,000
Period: 4 years
Grace Period: 12 Months
Risk level: Low
Evaluation of ROI: 16-24%
Optimistic: 85 %
Very Pessimistic: 15 %

We hereby present you with a non-disclosure, non circumvention investment management memorandum of understanding for your kind perusal.

This meeting has been adjourned pending the receipt of the contract legalization/Notarization and account opening by our Legal Financial Consortium.
Please quote reference Number ICAD/UAE/AXXXXX in all correspondence relating to this

acknowledgement.Yours Faithfully,

Al Ahmad Fahad Abdulaziz
(Chairman, Board of Directors)
Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates.

© Copyright 2020 , Investment Corporation of Abu Dhabi ( I C A D ) All Rights Reserved

 

Message N 5:
From: Omran Abdulla Mohamed <omran@icad-ae.com>
Date: XX December 2020
To: XXXX
Subject: Re:

Selamün alyeküm (name removed),

This is to inform you that the Investment Corporation of Abu Dhabi agreed to collaborate with (removed) through project funding. Having reviewed the Business Plans and all documents as presented, we are interested to move forward in establishing a collaboration with (removed), in the funding of this project which we consider a viable venture. We are therefore offering funding to your firm on a conventional loan basis of 2.5% Interest rate annually which we hope will accord you the needed flexibility through out the actualization of this projects.

The board have been thoroughly briefed on your project Presentation/Business plans, thus, I must say it’s fascinating. Hence, I am more interested to see to it that the board of directors make available the necessary funds needed for your presented project.

Having confirmed that this project falls within our scope of funding and considering that our approved budget for re-investment can accommodate its funding, we have attached with this email, a copy of the Investment Corporation of Abu Dhabi Board Resolution Letter agreed by the Board of Directors and Signed by the Chairman to partner with your company during our last board meeting.

The filling of ICAD application form formally confirms (removed).funding request to Investment Corporation of Abu Dhabi for this project and all data as already supplied is required for the purpose of a Due Diligence (Evaluation, Assessment of Project) which is intended to give a more professional evaluation on the project.

This Due Diligence is rendered by our team and at its completion Investment Corporation of Abu Dhabi will forward to you a formal funding offer and a draft of an official funding agreement which will clearly define all terms and conditions for granting the funding in precise terms for your review and consent to finalize its actual implementation based on the terms. Also all funding terms will be defined, which will include and not limited to the following:

1. Extent of Funding to be accorded
2. Duration of the Loan
3. Interest Rate to be covered during said duration.
4. Disbursement scheduled to be adopted having finalized terms and agreement of the loan.

We hope our offer for this project falls within the acceptable funding scheme which you anticipate for this project, hence we expect (removed) official acceptance of this offer and look forward to establishing a long term mutual cooperation between Investment Corporation of Abu Dhabi and (removed) through this projects and other future viable ventures.
NOTE: The fund disbursement will be completed within 10 working days upon the receipt of the Due Diligence Report, duly signed and sealed. I’ll let you know of further proceedings once the loan awarding committee makes its final decision and appraisal, subsequent to the final Due Diligence Report which we expect to receive in a week or less.
Confirm receipt of attached ICAD Board Resolution letter.

Sincere regards
Omran Mohamed
Chief Investment Officer

Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates
Tel: +971 551 432984 | WhatsApp: +971 52 662 3557
omran@icad-ae.com | investments.icad@gmail.com
website: www.icad-ae.com

 

Message N 6:
From: Omran Abdulla Mohamed <omran@icad-ae.com>
Date: XX December 2020 
Subject: Re:
To: XXXX

Dear (name removed),
First I will say a very big congratulation to you.
This is to inform you that the Investment Corporation of Abu Dhabi agreed to collaborate with the (removed) through project funding. Having reviewed the Business Plan and all documents as presented, we are interested to move forward in establishing a collaboration with (removed),in the funding of this project which we consider a viable venture. In my previous email to you, I did inform you that Investment Corporation of Abu Dhabi only fund projects a 2.5% interest per annum through out the duration of the loan, and our funding consideration to this project will be based on this form of funding.
Attached is the Investment Corporation of Abu Dhabi MOU, Electronic Due Diligence Report. Kindly sign only the Electronic Due Diligence report while the MOU will be signed upon your arrival in Dubai to meet our legal Financial consortium/Loan Facilitator for Contract Legalization, Notarization and all Documents Registration/Endorsement.
NOTE: You are expected to come alongside with the below requirements:
— Second Party’s Documents (Statement of Account & Company Certificate of Incorporation)
Valid ID such as International Passport Copy or A Driver’s License **(!)
— A Letter written with the Second party’s Company Letterhead stating in Capital Letter Second Party’s Company’s Account details and approving it to be the beneficiary account for the wire of the Investment funds of $22,000,000
— Contract Legalization, Notarization, Company Registration, SPV Formation and Beneficiary Documents Registration/Endorsement fee of 38,750.

Contract Legalization, Notarization, Company Registration, SPV Formation and Beneficiary Documents Endorsement of $38,750. (All Documentation Costs, Fees $38,750 (removed), shall be made available to the Second Party.
is required to provide to us the Legalized MOU, Notarization under the supervision of our Loan Facilitator Almutlaq Mohammed Hussain. This is because the central bank of the UAE in line with the ruling CCPID laws of the United Arab Emirates International Trades and Investment Relations for external commercial investment ”cannot” authorize the direct transfer of investment funds to companies outside the U.A.E unless the company has a business operations within the U.A.E as the ruling government only supports investments with companies and business entities within this region. The legalized credit contract is what confirms your business operations within this territory. This is the function of the contract legalization, notarization and documents endorsement.
Please note that you will spend 2 to 3 working days in UAE, below is the meeting schedule and If Almutlaq Mohammed Hussain favors you, it might last only for 3 days.
*** First meeting (date removed), 2020.
Meeting Venue: Consultants Office in Dubai, UAE
Meeting Agenda: Contract Legalization, Notarization and Documents Registration/Endorsement
Meeting person: Almutlaq Mohammed Hussain and his team, is our Loan Facilitator/legal consortium who assist our clients to legalize, notarize the contract agreement without any delay from the government offices. Also remember to bring a gift for Almutlaq Mohammed Hussain at least to show honor and respect for his service.
*** Second meeting (date removed), 2020.
Meeting Venue: Investment Corporation of Abu Dhabi Office in Abu Dhabi .
Meeting Agenda: Table meeting with the Investment Corporation of Abu Dhabi board of directors and Final signatory. (The Investment Corporation of Abu Dhabi Board of Directors will be presenting wire confirmation slip and Anti Money Laundering Certificate License to the project owner)
P.S. Please confirm your availability for the meeting. If you have any question concerning the above, do not hesitate to contact us.

Sincere regards
Omran Mohamed
Chief Investment Officer

Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates
Tel: +971 551 432984 | WhatsApp: +971 52 662 3557
omran@icad-ae.com | investments.icad@gmail.com
website: www.icad-ae.com

 

**(!) Never send your personal details to anybody on the Internet!

 

*(!) Website: www.icad-ae.com FAKE!

 

DOMAIN INFORMATION:

Domain age: 1 year
WHOIS data: hidden
Organisation; WhoisGuard, Inc.
Address: P.O. Box 0823-03411 Panama
Country: PA [Panama]

Negative highlights:

x The identity of the owner of the website is hidden
x The Alexa rank (how much traffic) is rather low

 

1. HOME:
https://icad-ae.com

TEXT:

info@icad-ae.com
+971 551 432984

ICAD’s response to COVID-19

Abu Dhabi has set up a committed National Taskforce “Team Bahrain” to handle the spread of the Covid-19 virus and took measures to guarantee that testing and isolated facilities were set up immediately.

Private Equity
With focused regional presence in Abu Dhabi, a well-qualified team of professionals with multi industry and sectoral expertise and

Wealth Management
Wealth management and financial planning are investment advisory disciplines that incorporate a number of services
Project Funding

Investment Corporation of Abu Dhabi is able to cater for every client, on every continent on every project

CONSULTANCY
We work with you to address your most critical business priorities
To obtain higher performance, Our leaders first identify the critical obstacles to forward progress and then develop a coherent approach to overcoming them. We define your company mission and prioritize company objectives.

WHAT WE DO
We creating solutions for your organization
Business Finance
Strategy
Devise and implement business strategies that drive success—for an entire business or division, technology, or asset.
Portfolio & Resource
Allocation
By balancing and optimizing the many competing assets and initiatives achieve deep & lasting improvements.
Organization &
Decision Process
Organizations are designed to be effective and an efficient. The processes require cross-functional teaming.
Decision & Risk
Analytic
Our decision risk analytics empower clients to develop rational decision-making models and development.
Banking &
Capital Markets
The venues where savings and investments are channeled between the suppliers who have capital and those.
Modern & Tribe
Workplace
Redefine your workplace value equation that encourage staff to work more attentively and gracefully.
Copyright © 2019 Investment Corporation of Abu Dhabi. All rights reserved.

 

2. ABOUT US:
https://icad-ae.com/aboutus.html

TEXT:

ABOUT Investment corporation of abu dhabi
We work with you to address your most critical business priorities
*(!) Investment Corporation of Abu Dhabi is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record. Headquartered in Abu Dhabi, ICAD’s innovative approach to Islamic investment banking services has been recognised internationally for over a decade.
Investment Corporation of Abu Dhabi has developed a strong and consistent ability to identify, successfully bring to market and capitalise on a wide range of solid investment opportunities in some of the world’s most dynamic markets and sectors.
This approach signifies the Group’s investment insights and commitment to increase the value of its assets, and financial returns to its investors and shareholders.
WHY CHOOSE US
We creating solutions for your organization
Our Mission
We invest in companies with growth potential across multiple industries and geographies to achieve sustainable investment returns.
Our Vision
To be recognised as the partner of choice for companies and investors seeking an active investment partner with a long-term perspective.
Overview
Investment Corporation of Abu Dhabi was established in June 2006 as an independent holding company to actively manage and grow a diverse portfolio of commercial assets. ICAD’s manages its portfolio with the objective of enhancing the performance and returns of its assets. Furthermore, it actively seeks to invest in commercially sound and sustainable opportunities locally, regionally and internationally.

 

3. WEALTH MANAGEMENT
https://icad-ae.com/wealth-management.html

TEXT:

Wealth Management
Private Equity
Project Funding
Asset Management
Download.pdf
Our ISO Certificate
Wealth Management
Wealth management and financial planning are investment advisory disciplines that incorporate a number of services for individuals and families seeking wealth protection and growth. Wealth Management utilizes investment and wealth management for Abu Dhabi, families as well as financial planning and other services to meet the unique financial goals of our clients. Our advisory team is made up of credentialed wealth management professionals with experience in the following areas:
Trust and Estate Planning Investment Planning Tax Preparation and Planning Home Mortgage Assistance Most wealth management firms in Abu Dhabi, financial planning firms require their clients to have some wealth in place in order for their strategies to be effective. While that is generally how wealth management works, our investment and management strategies are designed even for emergent investors.
While that is generally how wealth management works, our investment and management strategies are designed even for emergent investors.
Trust and Estate Planning
Investment Planning
Tax Preparation and Planning
Home Mortgage Assistancet

 

4. PRIVATE EQUITY
https://icad-ae.com/private-equity.html

TEXT:

Overview
With focused regional presence in Abu Dhabi, a well-qualified team of professionals with multi industry and sectoral expertise and a strong cross-regional exit track record, the private equity funds team at Global is well positioned to develop, invest and successfully exit private equity deals in the GCC region.

The team focuses on acquiring controlling stakes in and adds value to medium size enterprises in predominantly defensive sectors within the region and Emerging Markets.

The team is comprised of well qualified professionals from different nationalities; providing ‘local’ perspective for deals in all target regions. Its experience ranges from private equity, investment banking, transaction advisory, venture capital, financial research, strategy consulting, credit rating, and audit. The team has also a diversified sectoral experience spanning through healthcare, education, real estate, shipping, petrochemicals, financial services and logistics.

 

5. PROJECT FUNDING
https://icad-ae.com/project-funding.html

TEXT:

Investment Corporation of Abu Dhabi is able to cater for every client, on every continent on every project. Through unique investing we are able to unlock growth opportunities that allow you the freedom to enjoy the benefits of having your money working hard for you. We are experts at identifying growth opportunities within the property markets. The participation of the Investment Committee is a key component of the Investment Process. This allows for wide ranging perspectives on current and potential investments utilising the business expertise of Directors, the Company’s Investment professionals and senior management team. The participation of the Investment Committee is a key component of the Investment Process. This allows for wide ranging perspectives on current and potential investments utilising the business expertise of Directors, the Company’s Investment professionals and senior management team. We aim to maintain a ‘nursery’ of smaller stocks in the portfolio and therefore remain constantly on the lookout for new companies that have the capacity to develop into major businesses over time. While such companies may be small, they typically exhibit similar characteristics to those in the core investment portfolio, and provide Investment Corporation of Abu Dhabi with future growth options.
Investment Corporation of Abu Dhabi have arranged and structured more than $5 Billion capital investments on an exclusive basis for some of esteemed clients worldwide. This execution comes from in-depth upfront analysis, underwriting and structuring coupled with deep relationships and real time feedback from the debt financing team. Unfortunately, very little debt financing is available to early-stage entrepreneurs, because lenders expect loans to be paid back in a pre-defined and timely manner with interest. We can take the stress off and let you focus on the important things. Obtaining the finance your business needs can sometimes be difficult. We aim to make everything simple, quick and transparent.
Our policy of focusing and developing the quality of our product offering rather than adopting a quantity-based approach has helped facilitate and secure our continued growth even in recent times of global economic hardship. The careful consideration and conservative approach that we apply to each and every loan, and our policy of brokering riskier loans to other companies has opened up new income streams and helped diversify our product offering, meaning more secure investments for our loyal clients. Investment Corporation of Abu Dhabi’s activities are spread across a number of sectors, which include aircraft leasing, financial services, healthcare, offshore oil and gas services, Infrastructure and real estate development.

 

6. ASSET MANAGEMENT
https://icad-ae.com/asset-management.html

TEXT:

Overview

Our asset management services for Washington, DC, Virginia and Maryland investors provide you with support for your financial resources so you can continue to accumulate and safeguard your assets. We have an advisory team made up of Certified Financial Planners® and an Accredited Investment Fiduciary® that understand exactly how to provide financial guidance, even in volatile market conditions. Some of the asset management offerings we provide include:
Retirement Funds
College Savings Plans
Innovative Stock and Bond Selection
Tax Efficient Strategies
* 1031 Exchange Assistance

 

7. CORPORATE FINANCE OVERVIEW
https://icad-ae.com/corporate-finance-overview.html

TEXT:

Corporate Finance Overview
Overview
The Corporate Finance Department focuses on advising and assisting companies and entrepreneurs in capital markets transactions and corporate development. Our highly dedicated team is specialized in sourcing, originating and executing capital markets transactions, acting as advisors in both on the sell-side and the buy-side.
Vision
“To be the best corporate finance practice and most trusted business provider in Bahrain by the measure of our customer”
Mission Statement
“To add value to our clients’ businesses through our professional services and advice and to consistently deliver unrivaled value to our clients by empowering our people and fostering an entrepreneurial environment”
Our Services Includes:
1. Advising on mergers & acquisition (M&A), takeovers, divestures and spin-offs, and managing such transactions on arms-length;
2. Undertaking corporate restructuring (financial advisory and assisting on overseeing non-financial advisory services);
3. Providing equity capital markets advisory services (IPO, Private placements, block trades), and to manage such transactions on arms-length;
4. Providing debt capital market advisory services (bonds, structured finance, syndicated debt refinance) for finance extension or restructuring, and to manage such transactions on arms-length;
5. Performing fairness opinion advisory, including business valuations for the organizational units or as a service to third parties;
6. Establishing legal entities and special purpose legal vehicles, as required by the scope of work of transactions as listed above;
7. Coordinating due diligence studies (financial, legal, technical and other required due diligence), as required by the scope of work of transactions as listed above;
8. Credit.

As a business consultant, we focus on delivering quantifiable results for our customers, based on a well tested methodology and solid experience.

8. CORPORATE FINANCE CONSULTANCY
https://icad-ae.com/corporate-finance-consultancy.html

TEXT:

Corporate Finance Consultancy
Our Corporate Finance Team combines investment banking experience with deep operational experience and a clear understanding of the contemporary business.
A. Mergers and Acquisitions
Supporting our clients throughout the M&A process, both on advisory and arm-length level, on buy as well as sell-side transactions, from assessment phase to execution phase. On the buy side, our services encompass identifying goals, finding and evaluating targets, transaction modeling, financing assistance, deal negotiation, and deal closing. On the sell side, our services encompass developing optimal disposal routes, valuation analysis, screening candidates, providing negotiation, bidding, and execution. We offer one-on-one services with an emphasis on confidentiality. In addition, we believe that mergers and acquisitions are key to renewed value and produce planned synergy effects.
B. Equity Capital Markets
Investment Corporation of Abu Dhabi’s Corporate Finance Division offers expertise in IPO’s, secondary offerings, corporate stock buybacks, strategic equity and convertible securities, supporting our clients’ growth strategies and future initiatives of our clients. We assess alternative structures and provide best solutions. Our services start from structuring to closing the deal. We identify the best means of raising equity whether through private placements or public offerings. We will value your company, prepare the information memorandum, and identify investors to raise equity from the general market or strategic partners.
C. Debt Capital Markets
ICAD’s Corporate Finance Division’s expertise extends to delivering creative solutions across our range of debt offering products and markets. We focus on structuring and placing public and private debt for acquisitions, growth capital, financings, dividends, and recapitalizations.
D. Valuation Services
We offer valuation services using the latest methodologies including comparable company and transactional analysis, discounted cash flow analysis, and leveraged buyout analysis. By providing independent unbiased valuations with accurate and relevant conclusions, we can help you see the full economic benefit of your decision. Our valuation specialists can assist businesses to achieve an in-depth understanding of the value of each business or asset in a transaction. We bring forward a combined leading edge of technical expertise and in-depth industry knowledge.
E. Corporate Restructuring
Taking the lead of assisting companies in assessing their current situation and recommending the best restructuring scenario based on our experience and our client’s current situation. We provide extended corporate restructuring services particularly in leverage recaps, dividend recaps, asset focus and other balance sheet restructurings; we prioritize your objectives, enhance your financial capabilities, and develop financial models and analyses.
F. Due Diligence Services
We generate valuable due diligence reports and business analyses for our client base that become an integral component of their decision making. We offer confidential, sound, unbiased, perspective and the real ideal complement to your internal resources. We will enhance organizational effectiveness in both your existing and future businesses.

As a business consultant, we focus on delivering quantifiable results for our customers, based on a well tested methodology and solid experience.

 

9. CONTACT US
https://icad-ae.com/contact-us.html

TEXT:

We’re Happy to Discuss Your Project and Answer any Question
Address:
Haza bin Zayed Street, Villa-13, Street 28 39625 Abu Dhabi, United Arab Emirates
Email:
info@icad-ae.com
Telephone:
+971 551 432984

Fake Profile created by the same scammer:

 

BeBee.com:

Omran Mohamed
https://www.bebee.com/bee/omran-mohamed

Photo of Mohammad Hasan Omran Al Shamsi (is a Chairman and Chancellor Higher Colleges of Technology, United Arab Emirates)

 

PROFILE INFORMATION:

National Bank of Ras Al Khaimah
Board Member
Abu Dhabi – Abū Z̧aby, United Arab Emirates
Directors and Executives
Omran Mohamed
National Bank of Ras Al Khaimah
Board Member
Abu Dhabi – Abū Z̧aby, United Arab Emirates
Directors and Executives
He is a business person who has been the head of 6 different companies.
Experience:
Board Member
at National Bank of Ras Al Khaimah
April 2014 – at Present
Ra’s al Khaymah
Board of Directors for National Bank of Ras Al Khaimah.
Chairman
at RAK Properties PJSC
July 2002 – at Present
Ra’s al Khaymah
Chairman at RAK Properties PJSC
Education:
Business Administration
at Michigan university
1976 – 1980 (4 years) Florida
Services offered:
Investment Corporation Of Abu Dhabi Project Funding
We invite all interested project owners and investors to our project financing/investment programme.
Investment Corporation Of Abu Dhabi sources unique business development opportunities and work closely with established companies in its actualization.

Investment Corporation Of Abu Dhabi is the premier alternative asset management firm in the Middle East. We focus on generating sustainable, superior performance for all our stakeholders, growing capital and value through world-class expertise and adherence to the following core principles: We wish to re-invest through project funding in investment loan to third party investors, project owners on a 3% interest rate per annum on long term investment projects that can generate up to 10% ROI within the period of investment.

We at Investment Corporation Of Abu Dhabi pride ourselves on forming true partnerships with the owners and stakeholders of businesses we invest in. We work closely with our partners to create value and put portfolio companies firmly on an accelerated growth path.

If our offer for collaboration is within the acceptable financing scheme anticipated by your organization, we will be glad to consider a possible collaboration with your organization.

Best regards,
Omran Mohamed
Chief Investment Officer
Investment Corporation of Abu Dhabi
Haza bin Zayed Street,
Villa-13, Street 28 39625
Abu Dhabi, United Arab Emirates ***(!)

 

The Profiles associated with this scam:

 

ADMIN:

**(!) The same TEXT from the website above is here:

Linkedin.com:

1. Kareem Shaibani
https://www.linkedin.com/in/kareem-shaibani-8aa18998

 

PROFILE INFORMATION:

Board Member Investment Corporation of Abu Dhabi
Abu Dhabi, United Arab Emirates
About:
(!) Investment Corporation of Abu Dhabi has developed a strong and consistent ability to identify, successfully bring to market and capitalize on a wide range of solid investment opportunities in some of the world’s most dynamic markets and sectors.
Activity:
Experience
Investment Corporation Of Abu Dhabi
Executive Board Member
Company Name:
Investment Corporation Of Abu Dhabi Full-time
Dates Employed Jan 2009 – Present
Employment Duration 12 yrs 1 mo
Location United Arab Emirates
(!) Investment Corporation of Abu Dhabi is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record. Headquartered in Abu Dhabi, ICAD’s innovative approach to Islamic investment banking services has been recognized internationally for over a decade.
Investment Corporation of Abu Dhabi has developed a strong and consistent ability to identify, successfully bring to market and capitalize on a wide range of solid investment opportunities in some of the world’s most dynamic markets and sectors.
Education:
Seattle University
Degree Name: Master’s degree
Field Of Study: Human Resources Development
Grade First Class:
Dates attended or expected graduation 1975 – 1979
King Faisal University
Degree Name: Bachelor’s degree
Field Of Study Management Information Systems and Services
Grade First Class Upper
Dates attended or expected graduation 1970 – 1974

 

2. Mounou Hicham
https://www.linkedin.com/in/mounou-hicham-639a52200

 

PROFILE INFORMATION:

Senior Consultant at Investment Corporation Of Oman
Location: Oman
Investment Corporation Of Oman
University of Illinois Urbana-Champaign
About:
ABOUT INVESTMENT CORPORATION OF ABU DHABI
We Work With You To Address Your Most Critical Business Priorities
**(!) Investment Corporation of Abu Dhabi is a well renowned financial group in the GCC region, with a diversified offering and pioneering track record. Headquartered in Abu Dhabi, ICAD’s innovative approach to Islamic investment banking services has been recognised internationally for over a decade.
Investment Corporation of Abu Dhabi has developed a strong and consistent ability to identify, successfully bring to market and capitalise on a wide range of solid investment opportunities in some of the world’s most dynamic markets and sectors.
This approach signifies the Group’s investment insights and commitment to increase the value of its assets, and financial returns to its investors and shareholders.
Experience:
Investment Corporation Of Oman
Senior Consultant
Company Name:
Investment Corporation Of Oman Full-time
Dates Employed Jan 2021 – Present
Employment Duration 1 mo
Location Muscat, Masqaţ, Oman
Investment Corporation Of Abu Dhabi
Senior Consultant
Company Name:
Investment Corporation Of Abu Dhabi Full-time
Dates Employed Jun 2020 – Jan 2021
Employment Duration 8 mos
Education:
University of Illinois Urbana-Champaign
Degree Name: Bachelor’s degree
Field Of Study: Business Administration and Management, General
Dates attended or expected graduation: 2003 – 2008
Skills & endorsements:
Project Management
Real Estate
English

 

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