UAE investment minister Mohammed Hassan Al-Suwaidi

UAE: Investment ministry established to cement hub status for foreign capital

Issue 1173 - 11 Jul 2023 | 1 minute read

The UAE's federal cabinet agreed to set up a Ministry of Investment, with Mohammed Hassan Al-Suwaidi named as the inaugural investment minister. The cabinet also approved a federal law to set up a Financial Stability Council, which aims to underpin stability in the markets and monitor associated risks.

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