Who is Mohammed Hassan Al-Suwaidi, Minister of Investment?
In addition to his new role as Minister of Investment for the United Arab Emirates, which was announced today, Mohamed Hassan Al Suwaidi continues to serve as Managing Director and Chief Executive Officer of The Holding firm (ADQ), an investment holding firm located in the Emirate of Abu Dhabi.
In addition to this, he serves as Chairman of the Board of Directors for the Abu Dhabi National Energy Company "TAQA," the NEXT50 Company, Pure Health, and the ADC Acquisition Corporation (ADC). In addition, he serves as Vice Chairman of the Board of Directors for Abu Dhabi Airports, Vice Chairman of the Board of Directors "Masdar," and Second Deputy Chairman of the Board of Directors for the company The real estate house.
In addition to that, he is a member of the Board of Directors for the following organizations: ADNOC Distribution, Abu Dhabi Pension Fund, Emirates Nuclear Energy Corporation, Louis Dreyfus Company, Al Dahra Holding Company, Lulu International Group, and Mi Corporation. Za.
Before joining ADQ, His Excellency had extensive experience in a number of industries, during his tenure with Mubadala Investment Company; He held a number of positions in the field of investment, including various sectors such as minerals and mining, real estate, hospitality, infrastructure, technology, and agriculture. Prior to joining ADQ, His Excellency was the Chairman and Chief Executive Officer of Mubadala Investment Company.
United Arab Emirates University awarded Al Suwaidi a Bachelor of Science degree in Accounting, which he now possesses.
In other business today, the Council of Ministers gave its stamp of approval to the creation of the Financial Stability Council as well as the publication of a federal law pertaining to this topic. The purpose of the council will be to improve and protect the country's financial stability, monitor the risks associated with it.
and deal with financial crises in the event that they occur in order to preserve the path of development of the national economy. In addition, the council will work to develop proactive measures to prevent the exposure of the country's economic, financial, and monetary systems to high levels of risk. These goals will be accomplished in order to preserve the path of development of the national economy. Today, the United Arab Emirates (UAE) functions as a worldwide financial center that has earned the trust of tens of thousands of financial institutions and millions of investors from across the globe. Our objective is to work toward enhancing and bolstering this trust, as well as maintaining it in a manner that is in the best interest of our most important national economic interests.