Emirates Investment Authority
| جهاز الامارات للإستثمار | |
| Agency overview | |
|---|---|
| Headquarters | Abu Dhabi |
| Agency executives |
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| Website | www |
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
