uae president issues law establishing national investment company
Last Updated : GMT 06:49:16
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Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

UAE president issues law establishing national Investment Company

Arab Today, arab today

Arab Today, arab today UAE president issues law establishing national Investment Company

Sheikh Khalifa bin Zayed Al Nahyan
Abu Dhabi - WAM

President His Highness Sheikh Khalifa bin Zayed Al Nahyan, in his capacity as Ruler of Abu Dhabi, has issues a law establishing National Investment Company as a private joint stock company.
The new law states that the company will be an independent corporate entity of financial and administrative independence and full legal capacity for undertaking its activities.
According to the law, National Investment Company replaces National Investment Corporation (NIC), and the rights and obligations of the corporation will be delegated to the company.
The law also states that the company undertakes its objects stated in its bylaws.

 

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uae president issues law establishing national investment company uae president issues law establishing national investment company

 



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