Mansour bin Zayed chairs EIA's first board meeting
Abu Dhabi, March 23rd, 2008 (WAM) - HH Sheikh Mansour bin Zayed Al Nahyan, Minister of Presidential Affairs today presided over the first meeting for the board of directors of Emirates Investment Authority (EIA).
The meeting was attended by HE Mohammed bin Abdullah Al Gergawi, Minister of State for Cabinet Affairs and EIA's Deputy Chairman, and the board members Khadim Al Qubaisi, Saoud Ba'alawi, Abdul Hamid Saeed Hashim Al Dabal and Isa Al Suwaidi.
Sheikh Mansour outlined EIA's role in drawing up policies for investment of federal government reserves to generate viable revenues for the federal budget and to diversify sources of income.
The board approved formation of an executive committee to coordinate tasks and to prepare the EIA's bylaws. The committee members are Isa Al Suwaidi, Hashim Al Dabal and Abdul Hamid Saeed.
A presentation was made by the Ministry of Finance on the federal government's investments.
The EIA was established last November by virtue of a federal decree issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan.
WAM/MAB
The meeting was attended by HE Mohammed bin Abdullah Al Gergawi, Minister of State for Cabinet Affairs and EIA's Deputy Chairman, and the board members Khadim Al Qubaisi, Saoud Ba'alawi, Abdul Hamid Saeed Hashim Al Dabal and Isa Al Suwaidi.
Sheikh Mansour outlined EIA's role in drawing up policies for investment of federal government reserves to generate viable revenues for the federal budget and to diversify sources of income.
The board approved formation of an executive committee to coordinate tasks and to prepare the EIA's bylaws. The committee members are Isa Al Suwaidi, Hashim Al Dabal and Abdul Hamid Saeed.
A presentation was made by the Ministry of Finance on the federal government's investments.
The EIA was established last November by virtue of a federal decree issued by President His Highness Sheikh Khalifa bin Zayed Al Nahyan.
WAM/MAB