UAE President forms new Abu Dhabi council to oversee economic, financial affairs | ZAWYA MENA Edition
The UAE President Sheikh Khalifa bin Zayed, also ruler of Abu Dhabi on Sunday issued a law to establish the Supreme Council for Financial and Economic Affairs to organise and oversee all matters related to the emirate’s financial, investment, economic, petroleum and natural resources affairs.
The current Supreme Petroleum Council, which regulates petroleum-related policies, will be merged with this new council, the Abu Dhabi media office said in a tweet.
The council is chaired by Sheikh Khalifa and its vice chairman is Sheikh Mohamed bin Zayed, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces.
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