UAE announces ministerial changes including finance, environment

RIYADH, Sept 25 (Reuters) – United Arab Emirates Prime Minister and Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum announced ministerial changes on Saturday, including new financial and sourroundings ministers.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum — Sheikh Mohammed’s son and a stream emissary ruler of Dubai — has been allocated emissary primary apportion and financial minister.

Mohammed bin Hadi Al Husseini replaces long-serving Obaid Humaid Al Tayer as a Emirates’ apportion of state for finance, while Maryam Al Muhairi becomes a apportion of meridian change and environment.

Suhail Mohamed Al Mazrouei stays appetite minister, though also takes on a purpose of infrastucture apportion reflecting a partnership of both ministries.

Sheikh Mohammed announced a reshuffle as partial of a new supervision devise directed during expediting change by “transformational projects” in a Emirates.

“The new devise comes with a execution of a prior plan, UAE Vision 2021, by that we achieved all a ambitions in a past 10 years,” he pronounced on Twitter.

The proclamation comes as Gulf countries find to secure investment and boost their general standing as a significance of oil declines.

The UAE recently announced skeleton to launch 50 new mercantile initiatives to boost a country’s competitiveness and attract 550 billion dirhams ($150 billion) in unfamiliar approach investment in a subsequent 9 years. review some-more

The Gulf state has launched several measures over a past year to attract investment and foreigners to assistance a economy redeem from a effects of a pandemic. The changes also come amid a flourishing mercantile adversary with Gulf neighbour Saudi Arabia to be a region’s trade and business hub.

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