Ministry of Investment (United Arab Emirates)
| وزارة الاستثمار | |
 Logo of the Ministry of Investment | |
| Ministry overview | |
|---|---|
| Formed | July 2023 |
| Jurisdiction | Federal government of the United Arab Emirates |
| Headquarters | Abu Dhabi, United Arab Emirates |
| Minister responsible |
|
| Website | investuae.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
[edit]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
[edit]Invest UAE Portal
[edit]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
[edit]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
[edit]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
[edit]- ^ "Ministries and Federal Authorities". uaecabinet.ae. Retrieved 24 December 2024.
- ^ a b "UAE Ministry of Investment: Invest in UAE | A Global Investment Hub". www.investuae.gov.ae. Retrieved 24 December 2024.
- ^ "UAE's new Ministry of Investment devising unified strategy to boost FDI | The National". web.archive.org. 24 December 2024. Retrieved 24 December 2024.
- ^ 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.
- ^ "H.E. Mohamed Hassan Alsuwaidi". www.enec.gov.ae. Retrieved 24 December 2024.
- ^ "UAE Ministry of Investment: Invest in UAE | A Global Investment Hub". www.investuae.gov.ae. Retrieved 24 December 2024.
- ^ "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.
- ^ "UAE Ministry of Investment hosts UAE-Norway Investment Forum in Oslo". www.investuae.gov.ae. Retrieved 24 December 2024.
- ^ "UAE to set up investment ministry, PM says". Reuters. Archived from the original on 4 December 2023. Retrieved 24 December 2024.
- ^ "ADQ Leadership". www.adq.ae. Retrieved 24 December 2024.