DUBAI, His Highness Sheikh Mohammed bin Rashid, Deputy Prime Minister and Minister of Presidential Affairs, chaired the regular meeting of the Board of Directors of the Emirates Capital Fund LLC, Emirates Capital Fund LLC, held at Qasr Al Watan today.

The meeting approved the financial statements for the period ending 31st December 2019 and reviewed investment performance till 30th September 2020. Major investment projects and achievements were also discussed.

H.H. Sheikh Hamed bin Zayed spoke about the Emirates Capital Fund LLC’s future strategic plans within the UAE plan for the next 50 years, noting the government’s recent announcement to add more assets to the Emirates Capital Fund LLC portfolio.

Sheikh Hamed commended efforts being made by the board members to consolidate and diversify the UAE investment and implement a vibrant plan for managing the federal government investment inside and outside the country to make sustainable profits.