Headed by Al-Jaber .. and supports the government work system

Cabinet approves restructuring of Emirates Development Board

The Council of Ministers headed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, approved a decision to reform the board of directors of the Emirates Development Bank headed by the Minister of Industry and Advanced Technology Dr. Sultan bin Ahmed Al Jaber, and the membership of each of the Minister of State for Entrepreneurship and Small Enterprises Dr. Ahmed Belhoul Al Falasi, Undersecretary of the Ministry of Finance, Yunus Haji Al Khoury, Director General of the Abu Dhabi Fund for Development Muhammad Saif Al Suwaidi, Chairman of the Board of Directors of the Nasdaq Stock Exchange Abdul Wahid Muhammad Al Fahim, Vice Chairman of Abu Dhabi Investment Company Maryam Saeed Ghobash, and CEO of the Dubai Future Foundation Khalfan Jumaa Belhoul, Executive Director of Sharjah Entrepreneurship Center Najla Ahmed Al Midfa, and Executive Vice President for Strategy Affairs at ADNOC Ahmad Tamim Al Kuttab, for a period of three years, renewable.

The decision comes within the framework of supporting the system of government work and organizing boards and committees in the federal government in the wake of the recent ministerial formation of the UAE government, and aims to further enhance the role of boards of directors to achieve the general goals and strategic visions of the federal government, and comes in light of the development of workflow in the federal government and the continuous modernization of its boards And in a way that supports the work system at the Emirates Development Bank, as it specializes and within its objectives and tasks to implement and support development projects in the country, including supporting and financing industrial and real estate projects, craft and agricultural activities, and in a manner that ensures the development of a competitive knowledge economy and the sustainability of the integrated infrastructure.

• The decision comes within the framework of organizing boards of directors in the wake of the recent ministerial formation.

• «Emirates Development» is specialized in implementing and supporting development projects in the country.

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