The financial statements have been approved for the period ending on December 31, 2019

Mansour bin Zayed chairs the Emirates Investment Authority Board of Directors meeting

Mansour bin Zayed presiding over the board meeting of the Emirates Investment Authority.

WAM

His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, praised the efforts made by members of the Board of Directors of the Emirates Investment Authority to enhance and diversify the investments of the United Arab Emirates, and adopt a distinct investment plan to manage the federal government’s investments inside and outside the country. With the aim of achieving sustainable profits.

His Highness's statements came while presiding over the regular meeting of the Emirates Investment Authority Board of Directors yesterday.

In detail, His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, chaired the regular meeting of the Board of Directors of the Emirates Investment Authority, which was held yesterday, at Qasr Al Watan.

The meeting reviewed the topics on the agenda, the most important investment projects, and the achievements of the Emirates Investment Authority. The council also approved the minutes of previous meetings of the Executive Committee, the Audit and Risk Management Committee, and the strategic committee that was formed.

The Board approved the financial statements report for the financial period ending on December 31, 2019, and reviewed the activities and investment performance until September 30, 2020.

His Highness Sheikh Mansour bin Zayed Al Nahyan referred to the agency’s strategic and future directions, as part of the plan "Preparing for the next fifty", and based on the UAE government's announcement, finally, that more assets will be attached to the investment agency.

His Highness praised the efforts made by the members of the Board of Directors to enhance and diversify the investments of the United Arab Emirates, and to adopt a distinguished investment plan to manage the federal government's investments inside and outside the country, with the aim of achieving sustainable profits.

The meeting was attended by Minister of Cabinet Affairs, Mohammed bin Abdullah Al Gergawi, Minister of State for Financial Affairs, Obaid bin Humaid Al Tayer, Minister of Industry and Advanced Technology, Dr. Sultan bin Ahmed Al Jaber, Minister of Economy, Abdullah bin Touq Al Marri, and Managing Director of the Abu Dhabi Investment Council, Issa Muhammad Al Suwaidi Hareb Masoud Al Darmaki, Chairman of the Board of Directors of the Emirates Integrated Telecommunications Company (du), Muhammad Hadi Al Husseini, and Director of Investments in the Foreign Investments Department of the Abu Dhabi Investment Authority, Kaltham Hamad Al-Abdul Ghafli, and advisor to the office of the Managing Director of the Abu Dhabi Investment Authority.

The meeting also witnessed the CEO of the Emirates Investment Authority, Mubarak Rashid Al Mansouri, and a number of executives.

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