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Emirates Investment Authority

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Title: Emirates Investment Authority  
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Subject: Government agencies of the United Arab Emirates, Economy of the United Arab Emirates, Gulf International Bank, Central Bank of the United Arab Emirates, Mansour bin Zayed Al Nahyan
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Emirates Investment Authority

United Arab Emirates
Emirates Investment Authority (EIA)
جهاز الامارات للإستثمار
Agency overview
Headquarters Abu Dhabi
Agency executives Mansour bin Zayed Al Nahyan, (Chairman)
Mohammad Abdullah Al Gergawi, (Deputy Chairman)
Mubarak Rashed Al Mansoori, (CEO)
Website .ae.gov.eiawww

The Emirates Investment Authority (EIA) is the only sovereign wealth fund of the federal government of the United Arab Emirates.[1] It was established in 2007 as an investor in businesses within the Gulf Cooperation Council (GCC), focussing on investing in asset classes considered to help strengthen and diversify the UAE economy.[2]

Investments

The EIA made two investments when it acquired major holdings in two Middle Eastern and North African telecommunications companies, Etisalat and Du.[1] Further investments are known to have been made in Gulf International Bank in Bahrain, the United Arab Shipping Company, and the Gulf Investment Corporation. In total, the EIA has acquired over 30 stakes in corporations across the GCC.[3]

Board Members

HH Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs

  • Mohammad Abdulla Al Gergawi – Deputy Chairman and Minister of Cabinet Affairs
  • Sultan Bin Saeed Al Mansouri – Member and Minister of Economy
  • Obaid Humaid Al Tayer – Member and Minister of State for Financial Affairs
  • Khadem Abdulla Al Qubaisi – Member and Managing Director of International Petroleum and Investment Company (IPIC)
  • Abdul Hamid Mohammed Saeed – Member and Managing Director of First Gulf Bank
  • Eissa Mohamed Al Suwaidi – Member and Executive Director of the Abu Dhabi Investment Council

References

  1. ^ a b www.eia.gov.ae. "Emirates Investment Authority: Official Website". www.eia.gov.ae. 
  2. ^ InvestorWords.com. "Emirates Investment Authority (EIA)". InvestorWords.com. 
  3. ^ linkedin.com. "Emirates Investment Authority: Overview". linkedin.com. 

External links

  • Official website
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