Mansour bin Zayed chaired the board of directors meeting
The Emirates Investment Authority discusses updating its strategy on sources of financing
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His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs, chaired at Qasr Al Watan the meeting of the Board of Directors of the Emirates Investment Authority.
During the meeting, His Highness stressed the importance of the role played by the authority in developing development projects, launching more investments, and enhancing the competitive capabilities of the national economy, in a way that embodies the leadership's directives and the state's vision for the next fifty years, serves the people of the Emirates and guarantees them promising future prospects.
The Board reviewed a number of topics on its agenda, and agreed to pass the minutes of the previous meeting of the Board of Directors, and the minutes of the previous meetings of the Executive Committee, the Audit and Risk Management Committee, and the Strategy Committee.
The council discussed the developments of the project to update the agency's strategy regarding sources of funding, within the framework of the preparation plan for the fifty years, and in a manner that consolidates the position of the UAE and its global leadership by the centenary of the founding of the state.
The strategy aims to enable the agency to achieve outstanding results, secure sustainable economic profits for the UAE in the long run, and quadruple the volume of investment over the next 15 years, by implementing an investment plan that guarantees increased returns and a strong budget in line with the national agenda and adopting the best standards. Globalism.
The Board of Directors reviewed the activities and performance of the Emirates Investment Authority until June 30, 2021. It also discussed the restructuring of the committees of the Board and the Executive Management, and adopted the appropriate decisions in this regard, with its approval of the recommendations of the Executive Committee, the Audit Committee and the Risk Management.
His Highness Sheikh Mansour bin Zayed Al Nahyan called on the members of the Authority's Board of Directors and its executive management, to make more efforts to achieve the required goals, continue development successes and develop investment indicators.
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