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efta-efta00916524DOJ Data Set 9OtherFrom: Sultan Bin Sulayem
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Unknown
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DOJ Data Set 9
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efta-efta00916524
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From: Sultan Bin Sulayem
To: Jeffrey Epstein <[email protected]>
Subject:
Date: Wed, 27 Jul 2011 18:50:05 +0000
V. •
•
Full Article
«Business
Dubai names new governor for financial centre DIFC
Mon Jul 25. 2011 8:43pm 1ST
July 25 (Reuters) - Dubai has named a new governor for the Dubai International Financial Centre (DIFC), the state news
agency WAM reported on Monday, without giving a reason for the change.
Abdullah Mohammed Saleh, who has served as chairman of the Dubai Financial Services Authority -- DIFC's regulator -- was
appointed as DIFC's governor by the emirate's ruler, Sheikh Mohammed bin Rashid al-Maktoum, the agency reported.
Saleh replaces Ahmed Humaid Al Tayer, a prominent figure in Dubai, one of the seven members of the United Arab Emirates.
In late June, Dubai's ruler named his uncle and close adviser Sheikh Ahmed bin Saeed al-Maktoum as chairman of Emirates
NBD , the UAE's largest bank by assets, also replacing Tayer.
The DIFC, launched in 2004, is a financial free zone home to 800 active registered firms, including 18 of the top 25 global
banks, global asset managers, insurers and law firms.
The Economy
New Governor appointed to Dubai
International Financial Centre
By: Staff Writer
print this anick
Abdullah Mohammed Sale h. DFSA Chairman. has been appointed Governor of the
DIFC *with immediate effect'.
Abdulah Mohammed Saleh,
Governor. Dubai
International Financial
Centre
UAE Vice President and Prime Minister HH Sheikh
Mohammed bin Rashid N Maktoum. H his capacity as
Ruler of Dtem& has appointed AbdulIan Mohammed Saleh.
ciatentty Chairman of the Dubai Financial Services
Authority. as the new Governor of the Mimi International
triennial Centre (DIFC) onshore financial centre. Saleh
replaces Ahmed Humaid Al Tayer as the Governor of the
DIFC with Immeciate effect.
The news was revealed on the evening of Monday 25 July
in Mel statement carried by the Emirates News Agency.
WMI. Al Tayer had been appointed Governor in November
2009. His replacement by Saleh follows on alincet one
month to the day Iran his replacement as Chairman of
Emirates HBO by Sheikh Alwned bin SeeedN Maktoum on
26 June.
Saleh was appointed as Chairman of the DFSA Board of
Cwectors on 17 June 2007. having served as a Director of
the DFSA since 2004. He stepped down as Vice Chairman
of Emirates NBD in May 2010. He had been one of the founders of National Bank of Dubai
in 1963. Managing Director from 1982 until January 2004. and Chairman horn 2005 unlit the
merger with Emirates Bank.
He is a fanner adviser on anancial matters to the Late Ruler of Dubai. HH Sheikh Rashid
Bin Saeed Al Maktoum. Saleh served as an Arbitrator on the Paris-based High Board of the
Euroatab Arbitration Centre. from 1988 to 2000. He has been a member of the Board of
Qatar Fuel Additives Company since 1990 and has been Chairman of International Octane
Limited since 1930. He Is the Deputy Charman and major shareholder of Dubai Transport
Company LLC (DUTCO). the holding company of the DUTCO Grow of Companies. He has
been Chairman of WASH INSCO (InuranCe brokers) since 1976. He is a Director of K S
Energy Services Linked. He was educated in Sharjah and London and also attended the
linefeed of Bankers after completing ha academic studies.
DIFC Investments in merger talks
Separately. it has emerged that subsidiary unit DIFC Investments is in ISMS with investment
Corporation of Dubai (ICO) regarding a potential merger of its assets with the state-owned
holding company. 'There is a dialogue between CO and DIFC Investments on the
EFTA00916524
possibSty of swapping or merging some of the paddle ccovemes of NEC Investments
with ICD.' DIFC Chief Executive Officer Abdullah Mohammad Al Awar told repaters. "We
continue to manage the portfolio of DIFC Investments. However, Mere is locus on
managing the various costs and setting up a proper divestment plan Mr non-core
investments."
H.E. Abdullah Mohammed Saleh
DIFC Continues to Attract Companies to the Region Despite
Market Conditions
Mohammed Bin Rashid Appoints New Governor for DIFC
DIFC Grows to Account for 3.6% of Dubai's GDP in 2010
Infrastructure Investment in the MENASA Region is Key to
Inclusive Development - a DIFC Economic Note
Middle East First as Dubai Secures Premier Global Finance
Forum
DIFC Strengthens Ties with China Through Strategic
Partnership with Chengdu
NOTE: This e-mail message is subject to the Dubai World Group disclaimer see
http://www.dubaiworld.ae/email_disclaimer
DIFC Economic Acbvity Survey
Results 2010
EFTA00916525
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