UAE cabinet restructures board of Emirates Development Bank

UAE cabinet restructures board of Emirates Development Bank

Abu Dhabi / WAMThe UAE cabinet, chaired by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has approved the restructuring of the Board of Directors of the Emirates Development Bank under the chairmanship of Dr Sultan bin Ahmed Al Jaber, Minister of Industry and Advanced Technology. The restructuring decision designated Dr Ahmad Belhoul Al Falasi, Minister of State for Entrepreneurship and SMEs, as a board member along with the following members: Younis Haji Al Khoury, Undersecretary of the Ministry of Finance; Mohammed Saif Al Suwaidi, Director-General of Abu Dhabi Fund for Development; Abdul Wahed Al Fahim, Chairman of Nasdaq Dubai; and Mariam Saeed Ghobash, Vice Chairperson of Abu Dhabi Investment Company. The decision comes within the framework of