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The Ministry of Investment (Arabic: وزارة الاستثمار) is a federal government ministry in the United Arab Emirates (UAE), [1] established in 2023. The ministry is responsible for promoting and facilitating investments in the UAE, attracting foreign direct investment (FDI), and supporting the nation’s economic diversification goals.
As per Indian Constitution, all portfolios of state government is vested in Chief Minister, who distribute various portfolio to individual ministers whom he nominates to the State Governor. The state governor appoints individual ministers for various portfolios and departments as per advice of Chief Minister and together form the State Cabinet.
The fifth cabinet of the United Arab Emirates was formed on the 20 November 1990, [2] following the death of Sheikh Rashid bin Saeed Al Maktoum on 7 October 1990 and was headed by Sheikh Maktoum bin Rashid Al Maktoum. [3] [9] [10]
The Emirates Investment Authority (EIA) is a sovereign wealth fund of the federal government of the United Arab Emirates. [2] It was established in 2007, and the EIA has actively sought unique investment opportunities locally, regionally and internationally, focussing on investing in asset classes considered to help strengthen and diversify the UAE economy.
ADIC is responsible for investing the government's surplus, targeting positive capital returns through diversified asset classes and active investments. [ 2 ] [ 3 ] [ 4 ] In March 2018, Abu Dhabi Executive Council issued a law reorganising ADIC under the ownership of Mubadala .
The Cabinet of the United Arab Emirates, or Council of Ministers (Arabic: مجلس الوزراء), is the chief executive body of the United Arab Emirates (UAE) federal government. The cabinet consists of federal government ministers, and is led by the prime minister of the United Arab Emirates .
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This is a list of government-owned companies of the United Arab Emirates. A Government-owned corporation is a legal entity that undertakes commercial activities on behalf of an owner government. Their legal status varies from being a part of government to stock companies with a state as a regular stockholder. There is no standard definition of ...