Presided over the regular meeting of the Agency’s Board of Directors

Mansour bin Zayed stresses the importance of "Emirates Investment" in achieving profitable returns

Mansour bin Zayed thanked the board members of the Emirates Investment Authority for their efforts to diversify the UAE economy.

WAM

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

During the meeting, His Highness stressed the importance of the agency’s role in defining and coordinating the policy of investing federal government funds, in a manner that ensures achieving remunerative investment returns, to contribute to providing the necessary financial revenues to support the federal government’s budget, by diversifying sources of income, in implementation of the programs and projects contained in the federal government’s strategy .

The Board of Directors discussed the project to update the agency’s strategy, which will be launched within the framework of the preparation plan for the 50th, and to translate the leadership's visions in establishing the country's leadership globally by the centenary of the founding of the UAE.

The updated strategy aims to enable the agency to reach distinguished results, and to secure sustainable economic profits for the UAE in the long term, in line with the best international standards. The new strategy also aspires to boost the volume of investment in the agency four times, through an investment plan that achieves an increase. Revenues, and a strong balance sheet aligned with the national agenda.

At the conclusion of the meeting, His Highness Sheikh Mansour bin Zayed Al Nahyan thanked the members of the agency’s board of directors, and the executive management, for their efforts to enhance and diversify the UAE economy, and to ensure long-term returns for federal government investments inside and outside the country.

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