When United Arab Emirates established new Ministry of Investment to boost economic competitiveness?

A. 2 July 2023
B. 4 July 2023
C. 6 July 2023
D. 8 July 2023


Correct Answer: B. 4 July 2023

Detail about MCQs

The United Arab Emirates (UAE) has announced the establishment of a new Ministry of Investment, which is aimed at developing the investment vision of the country and enhancing its competitiveness in the global market. Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE, and Ruler of Dubai, chaired the UAE Cabinet meeting, where the decision was made. Under the directives of President Sheikh Mohamed bin Zayed Al Nahyan, the UAE Cabinet approved the establishment of the Ministry of Investment and appointed Mohamed Hassan Al Suwaidi as the minister.

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