news the new federal investment authority



News Releases
The New Federal
Investment Authority

President His
Highness Shaikh
Khalifa Bin Zayed Al
Nahyan has issued a
federal law
establishing the
Emirates Investment
Authority to manage
assets of the
federal government.
The law stipulates
that the newly
established entity
will be the sole
responsible for
investing surplus
funds of the federal
government. It will
also take part in
drawing up the
policy for such
investments to
generate viable
returns. According
to the law, the
investment returns
generated by the
federal wealth fund
will be utilized for
supporting the
federal budget.



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