UAE Prime Minister

Mohammed honored by securities authority

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum has been honoured by the Emirates Securities and Commodities Authority, in recognition of his contribution towards strengthening domestic financial markets over the past decade.

The authority credited Sheikh Mohammed with enhancing security and stability of financial markets through the development of regulatory frameworks for financial and commodity markets in the UAE, in accordance with best international standards.

Marking the 10th anniversary of the establishment of the Emirates Securities and Commodities Authority, Sheikh Mohammed received a commemorative gift from the authority's Chief Executive Abdullah Tarifi at the Presidential Palace in Abu Dhabi today.

The ceremony took place in the presence of Minister of Economy Sultan bin Saeed Al Mansouri, who presented his ministry's annual report and briefed those present on the state of the UAE economy. Al Mansouri gave details on a number of key economic performance indicators, including the rate of economic growth in the country, as well as the development of economic relations between the UAE and other friendly countries.

The minister went on to express his deep appreciation for the support of the country's wise leadership, headed by UAE President His Highness Sheikh Khalifa bin Zayed Al Nahyan and Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum.

Al Mansouri concluded by thanking Sheikh Mohammed for donating land where the Emirates Securities and Commodities Authority will soon begin the construction of its Dubai headquarters.