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Ministry of Investment (United Arab Emirates)

Ministry of Investment
وزارة الاستثمار
Logo of the Ministry of Investment
Ministry overview
FormedJuly 2023; 1 year ago (2023-07)
JurisdictionFederal government of the United Arab Emirates
HeadquartersAbu Dhabi, United Arab Emirates
Minister responsible
Websiteinvestuae.gov.ae

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. It serves as a central entity for coordinating investment strategies, ensuring the UAE’s position as a global hub for business and innovation.[2]

History

The Ministry of Investment was officially established in 2023 through a federal directive issued by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, to align with the country’s long-term economic strategy.[3][4]

The formation of the ministry marked a significant step in the UAE’s efforts to strengthen its investment ecosystem and attract sustainable, innovation-driven investments.[2] Mohamed Hassan Al Suwaidi was appointed as the UAE’s first Minister of Investment.[5]

Key Initiatives

Invest UAE Portal

The ministry operates the Invest UAE Portal a comprehensive platform offering resources for investors. The portal provides details on investment opportunities, regulatory frameworks, and sector-specific insights.[6]

Investment Forums

The Ministry of Investment regularly hosts international forums and roadshows to engage with global investors. In October 2024, the ministry co-hosted Investopia Global in Monaco.[7] In the same month, the Ministry of Investment also hosted UAE-Norway investment forum in Oslo.[8]

Leadership

The Ministry is headed by Mohamed Hassan Al Suwaidi, who was appointed as the first Minister of Investment in 2023.[9] Al Suwaidi has experience in managing large-scale investments and previously held key leadership roles in various UAE-based sovereign wealth funds, including the Abu Dhabi Developmental Holding Company (ADQ).[10]

References

  1. ^ "Ministries and Federal Authorities". uaecabinet.ae. Retrieved 24 December 2024.
  2. ^ a b "UAE Ministry of Investment: Invest in UAE | A Global Investment Hub". www.investuae.gov.ae. Retrieved 24 December 2024.
  3. ^ "UAE's new Ministry of Investment devising unified strategy to boost FDI | The National". web.archive.org. 24 December 2024. Retrieved 24 December 2024.
  4. ^ Nagraj, Aarti; Khan, Sarmad (6 July 2023). "UAE's Ministry of Investment to further boost foreign direct investment after record year". The National. Retrieved 24 December 2024.
  5. ^ "H.E. Mohamed Hassan Alsuwaidi". www.enec.gov.ae. Retrieved 24 December 2024.
  6. ^ "UAE Ministry of Investment: Invest in UAE | A Global Investment Hub". www.investuae.gov.ae. Retrieved 24 December 2024.
  7. ^ "UAE Ministry of Investment Co-Hosts Investopia Global – Monaco to Highlight Promising Investment Opportunities In The UAE". www.investuae.gov.ae. Retrieved 24 December 2024.
  8. ^ "UAE Ministry of Investment hosts UAE-Norway Investment Forum in Oslo". www.investuae.gov.ae. Retrieved 24 December 2024.
  9. ^ "UAE to set up investment ministry, PM says". Reuters. Archived from the original on 4 December 2023. Retrieved 24 December 2024.
  10. ^ "ADQ Leadership". www.adq.ae. Retrieved 24 December 2024.
Quelle: https://en.wikipedia.org/wiki/Ministry_of_Investment_(United_Arab_Emirates)