By July 2023, Mohammed Hassan Al Suwaidi appointed as the new Minister of the newly established Ministry of Investment in the UAE.
Al Suwaidi has a vast and productive experience in many institutions operating in the UAE.
Al Suwaidi is member of several important investment boards of directors.
-Mohammed Hassan Al Suwaidi appointed as the CEO of Abu Dhabi Holding Company “ADQ” in May 2019.
-In addition , he serves as the chairman of the board of directors of Abu Dhabi National Energy Company and NEXT50.
-Also he holds the position of vice-chairman on the board of directors of Abu Dhabi Airports.
-As well as vice-chairman at Mubadala Investment Company.
-Besides second deputy chairman at Aldar Properties.
Al Suwaidi has major experience in various leadership positions in the UAE.
Including serving as the director general of the Abu Dhabi National Oil Company (ADNOC).
Also he is a member of the board of directors of several other companies.
During his tenure at Mubadala Investment Company, Al Suwaidi held several positions in investment.
Including financial products, projects and operations, real estate and hospitality, infrastructure, technology, and agriculture.
He graduated from the United Arab Emirates University with a degree in accounting.
The new appointment and the investment ministry’s vision
The decision to establish a Ministry of Investment and appoint Al Suwaidi as its minister was approved at a UAE cabinet meeting.
Mohammed Hassan Al Suwaidi and the new ministry aim to develop the UAE’s investment vision, stimulate the local investment environment.
Also to enhance the competitiveness of procedures and legislation.
In order to ensure that the UAE remains a global investment destination and a major player in the global investment movement.
Al Suwaidi is an expert in many investment and business sectors, and has been honored several times by many government and private institutions.
The new investment minister has a clear vision to achieve the UAE’s investment goals.
Also he has the necessary skills and experience to achieve these goals.
Al Suwaidi will work to make the UAE a global investment center and a home to major investment projects, and achieve economic and social sustainability by encouraging investment in vital and sustainable sectors, and enhancing strategic partnerships with local and international investors.
As Al Suwaidi has extensive experience in many investment sectors, he will work to develop infrastructure and improve the investment environment to attract more investors and enhance economic growth.
He will also work to promote innovation and technology by encouraging start-ups and innovative companies, and providing a supportive environment for innovation and technological development.
In summary, Al Suwaidi’s appointment as the minister of the new Ministry of Investment in the UAE reflects the state’s commitment to developing the investment infrastructure and promoting economic growth and innovation. Al Suwaidi will work to achieve these goals and elevate the UAE’s position as a global investment center
