Emirates Investment Authority

Last updated
United Arab Emirates
Emirates Investment Authority (EIA)
جهاز الامارات للإستثمار
Agency overview
Formed2007
Headquarters Abu Dhabi
Agency executives
Website www.eia.gov.ae

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. [3]

Contents

Investments

The EIA made two investments when it acquired major holdings in two Middle Eastern and North African telecommunications companies, Etisalat and du. [2] 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. [4]

Board Members

The board of directors consists of: [5]

Related Research Articles

Sheikh Sultan bin Zayed bin Sultan Al Nahyan was an Emirati politician and member of the Al Nahyan family who previously served as the 3rd Deputy Prime Minister of the United Arab Emirates.

<span class="mw-page-title-main">Abu Dhabi Investment Authority</span> Sovereign wealth fund

The Abu Dhabi Investment Authority is a sovereign wealth fund owned by the Emirate of Abu Dhabi in the United Arab Emirates, founded to invest funds on behalf of the Government of Abu Dhabi. It manages the emirate's excess oil reserves and is estimated to manage $993 billion. ADIA is one of the largest sovereign wealth funds in the world.

<span class="mw-page-title-main">Mansour bin Zayed Al Nahyan</span> Vice President of the United Arab Emirates

Sheikh Mansour bin Zayed bin Sultan Al Nahyan, often referred to as Sheikh Mansour, is an Emirati royal and politician who is the current vice president and deputy prime minister of the United Arab Emirates, as well as the minister of presidential court and member of the ruling family of Abu Dhabi. He is the brother of the current president of the UAE, Sheikh Mohamed bin Zayed Al Nahyan, and is married to Sheikha Manal bint Mohammed Al Maktoum, daughter of Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai. A billionaire, he holds stakes in a variety of football clubs through City Football Group, including current Premier League winners Manchester City F.C.

<span class="mw-page-title-main">Ahmed Ali Al Sayegh</span> Minister Of State in the United Arab Emirates

Ahmed Ali Al Sayegh is an Emirati politician who is a minister of state in the United Arab Emirates since 19 September 2018.

The Abu Dhabi Investment Council is one of the investment arms of the government of Abu Dhabi. It started operations in April 2007, as a spin-off of the Abu Dhabi Investment Authority (ADIA). ADIC is responsible for investing the government's surplus, targeting positive capital returns through diversified asset classes and active investments. In March 2018, Abu Dhabi Executive Council issued a law reorganising ADIC under the ownership of Mubadala.

<span class="mw-page-title-main">Khaldoon Al Mubarak</span> Emirati investment manager

Khaldoon Khalifa Al Mubarak is an Emirati government official and business leader. Al Mubarak holds senior positions within the Government of Abu Dhabi, including as a member of the Executive Council since 2006, a member of the Supreme Council for Financial and Economic Affairs, and as the founding chairman of the Executive Affairs Authority. He fulfills responsibilities for the UAE Federal government and has served as Presidential Special Envoy to the People's Republic of China since 2018.

<span class="mw-page-title-main">Saif bin Zayed Al Nahyan</span> Emirati royal and politician (born 1968)

Sheikh Saif bin Zayed Al Nahyan has been the United Arab Emirates's minister of interior since November 2004 and deputy prime minister since May 2009. As Minister of Interior, he is in charge of the United Arab Emirates interior protection and homeland security. He is a member of the Al Nahyan family.

Sheikh Ahmed bin Zayed Al Nahyan was an Emirati businessman and the managing director of the Abu Dhabi Investment Authority.

<span class="mw-page-title-main">Abu Dhabi Executive Council</span>

The Abu Dhabi Executive Council (ADEC) is the local executive authority of the Government of Abu Dhabi for the Emirate of Abu Dhabi. It assists the ruler of Abu Dhabi in enforcing local and federal decrees and leading the Abu Dhabi government.

<span class="mw-page-title-main">Hazza bin Zayed Al Nahyan</span> Emirati politician (1965

Sheikh Hazza bin Zayed bin Sultan Al Nahyan is the younger brother of the President of the United Arab Emirates Sheikh Mohamed bin Zayed Al Nahyan, former National Security Advisor of the UAE and Deputy Chairman of Abu Dhabi Executive Council.

The Supreme Petroleum Council was the highest governing body of oil, gas and similar industry-related activities in the Emirate of Abu Dhabi.

Sheikh Hamed bin Zayed Al Nahyan is an Emirati businessman and managing director of Abu Dhabi Investment Authority. He is a member of the Al Nahyan, ruling family of Abu Dhabi.

<span class="mw-page-title-main">Khalifa Bin Yousef</span> Emirati politician

Khalifa Bin Yousef, also Khalifa Bin Yousef Al Suwaidi, was a statesman who played a significant role in the unification of The United Arab Emirates and in the economic and political life of the time in the Persian Gulf.

<span class="mw-page-title-main">Suhail Al Mazroui</span> Emirati businessman and politician

Suhail Mohammed Faraj Al Mazroui is an Emirati businessman and politician, who has been serving as the minister of energy in the United Arab Emirates since March 2013.

Shamma bint Suhail bin Faris Al Mazrui is an Emirati politician who is currently serves as the minister of community development of the United Arab Emirates. She previously served as the minister of state for youth affairs.

<span class="mw-page-title-main">Razan Al Mubarak</span> Emirati business executive

Razan Khalifa Al Mubarak is the managing director of the Environment Agency Abu Dhabi (EAD), and the Mohamed bin Zayed Species Conservation Fund as well as the current president of the International Union for Conservation of Nature.

Tahnoun bin Zayed Al Nahyan is the son of Zayed bin Sultan Al Nahyan, the founder of the United Arab Emirates. Since 2016 he has served as the National Security Advisor of UAE. At the same time he manages a business portfolio, which supports national security interests and the UAE's opaque corporate sector. He chairs G42. The 2021 Pandora Papers revealed how he and his wife use shell companies to conceal their wealth.

<span class="mw-page-title-main">Khaled bin Mohamed Al Nahyan</span> Crown Prince of Abu Dhabi since 2023

Sheikh Khaled bin Mohamed bin Zayed Al Nahyan is crown prince of Abu Dhabi. He was appointed to the role on 29 March 2023. He is the eldest son of Sheikh Mohamed bin Zayed Al Nahyan, 3rd president of the United Arab Emirates.

References

  1. "Mohamed Hamad Ghanem Hamad Almehairi". Bloomberg. Retrieved 2024-11-29.
  2. 1 2 www.eia.gov.ae. "Emirates Investment Authority: Official Website". www.eia.gov.ae.
  3. InvestorWords.com. "Emirates Investment Authority (EIA)". InvestorWords.com. Archived from the original on 2017-06-12. Retrieved 2012-09-14.
  4. linkedin.com. "Emirates Investment Authority: Overview". linkedin.com.
  5. "Board Of Directors". EIA. Retrieved 2024-11-29.
  6. "Emirates Investment Authority restructures board". Reuters. 2023-05-24. Retrieved 2024-11-29.