Agency Name: | United Arab Emirates Emirates Investment Authority (EIA) |
Nativename A: | جهاز الامارات للإستثمار |
Formed: | 2007 |
Headquarters: | Abu Dhabi |
Chief1 Name: | Mansour bin Zayed Al Nahyan |
Chief1 Position: | (Chairman) |
Chief2 Name: | Mohammad Abdullah Al Gergawi |
Chief2 Position: | (Deputy Chairman) |
Chief3 Name: | Mubarak Rashed Al Mansoori |
Chief3 Position: | (CEO) |
The Emirates Investment Authority (EIA) is a sovereign wealth fund of the federal government of the United Arab Emirates.[1] 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.[2]
The EIA made two investments when it acquired major holdings in two Middle Eastern and North African telecommunications companies, Etisalat and du. 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]
Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Presidential Affairs