TDPel News

Mansour bin Zayed chairs meeting of EIA Board of Directors

- By Babatunde Lucas

is successful­ly transition­ing from natural resources to trade, transport, manufactur­ing, and tourism," affirmed Barak who serves on the boards of public and private companies in Europe, the Middle East, Africa and Asia. Talking about Expo 2020 Dubai, he said it is an "excellent opportunit­y" for Israelis to learn more about the UAE and viceversa. Growth of UIBC An estimated 7,000 Emiratis and Israelis have participat­ed at UIBC’s wide array of digital and in-person events over the past year, he revealed. "We’re delighted to see that we have attracted members and participan­ts from beyond the UAE, Israel and the other Abraham Accords countries , including countries that do not have diplomatic relations with Israel. In addition, we are particular­ly proud of the high proportion of women and Israeli Arabs in our community," Barak said.

ABU DHABI, 15th September, 2021 H.H. Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidenti­al Affairs, today chaired a meeting of the Board of Directors of the Emirates Investment Authority (EIA) held at Qasr Al Watan. During the meeting, Sheikh Mansour highlighte­d the EIA’s key role in promoting developmen­t projects, launching more investment­s, and enhancing the competitiv­e capabiliti­es of the national economy to mirror the directives of the wise leadership and the country’s vision for the next 50 years, serve Emiratis and guarantee them promising future prospects. The meeting addressed topics listed on its agenda, and the board approved the minutes of the previous meetings of the Executive Committee, the Audit and Risk Management Scrutiny Committee and the Strategy Committee. The board also discussed the developmen­ts of the project to update the EIA’s strategy regarding funding sources within the framework of the preparatio­n plan for the 50 years, which would enhance the UAE's stature and its global leadership during the centenary of the UAE's foundation. The strategy will enable the EIA to achieve outstandin­g results, sustainabl­e economic profits in the long run, and quadruple investment volume during the next fifteen years, by implementi­ng an investment plan that guarantees increased returns and a substantia­l budget in line with the national agenda that adopts the best global standards. The board was also briefed about the EIA's activities and work performanc­e until 30th June, 2021, and other issues on the agenda. Sheikh Mansour called on the board members and its executive management to make more efforts to achieve the required goals, continue developmen­t successes and enhance investment indicators. The meeting was attended by Obaid Humaid Al Tayer, Hareb Masoud Al Darmaki, Issa Mohammed Al Suwaidi, Mohammed Hadi Al Hussaini, Kaltham Hamad Al Ghafli, and Mubarak Rashid Al Mansouri, CEO of the EIA, along with several executive directors.

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