Today: 24 June 2025
14 April 2022
1 min read

Adeeb Ahmed of LFH nominated to Emirates Board of Directors for Overseas Investors

The UAE IIC has announced the nomination of Mr. Adeeb Ahamed, Managing Director of Abu Dhabi based LuLu Financial Holdings (LFH), as an Independent Member of the Emirates Board of Directors for Overseas Investors…reports Asian Lite News

As part of its efforts to bring new perspective to its economic vision for the UAE, the UAE International Investors Council (IIC) has announced the nomination of Mr. Adeeb Ahamed, Managing Director of Abu Dhabi based LuLu Financial Holdings (LFH), as an Independent Member of the Emirates Board of Directors for Overseas Investors.

Founded in 2009, the IIC comes under the ambit of the Ministry of Economy, with H.E. Abdulla Bin Touq Al Marri, UAE Minister of Economy, as its Chairman. The Council was formed with a vision to act as a link between UAE international investors and the government to enhance competitiveness of UAE international investments and to overcome all types of challenges.

Mr. Ahamed: “I am honored to be chosen to play a key role in the UAE’s economic development. The UAE has shown amazing resilience and innovative governance during the time of the pandemic and new perspectives will help to reinforce the country’s foreign investment outlook.  As a proud resident of the UAE, it is my privilege to contribute to the development of this nation and I look forward to working with fellow members of the IIC.”

Mr. Ahamed, who also helms the hospitality investment company Twenty14 Holdings,

ALSO READ: Lulu invests 3,500cr in Tamil Nadu

brings to his appointment considerable global and regional advisory experience. He is a member of the Advisory Boards of the Al Maryah Community Bank UAE, the Regional Strategy Group of the World Economic Forum and the World Tourism Forum, Lucerne.

His financial services company operates a network of over 245 physical branches across 11 countries, including 83 branches of LuLu Exchange in the UAE and the digital payments product, LuLu Money.

Previous Story

Joramco Signs 5 year deal with Ryanair

Next Story

Mahira Khan appointed as British Asian Trust’s newest Ambassador

Latest from Arab News

No Ceasefire Deal, Says Tehran

Iran’s Foreign Minister Abbas Araghchi says no “agreement” on ceasefire between Israel and Iran…reports Asian Lite News Uncertainty and scepticism mounted on Monday after a surprise ceasefire announcement by the United States,

Qatar: Retaliation on the Table

Majed Al Ansari added that the State of Qatar strongly condemns the attack that targeted Al-Udeid Air Base by the Iranian Revolutionary Guard….reports Asian Lite News Qatar on Monday announced that it

Trump Claims Iran-Israel Truce

The announcement followed a symbolic show of Iran, which shot missiles at a US base in Qatar after having given the US notice of the strike, according to Trump….reports Asian Lite News

Oman Breaks Gulf Taboo on Income Tax

There is no other country in the 6-member Gulf Cooperation Council that imposes income tax….reports Asian Lite News Oman has officially become the first Gulf country to introduce a personal income tax,

Fresh Israeli Raids Hit Iran

The strikes came shortly after Iran fired a missile at Israel before dawn and triggered air raid sirens across much of the country….reports Asian Lite News Israel conducted a new wave of
Go toTop

Don't Miss

Sheikh Mohammed meets biz leaders at weekly Majlis

During the meeting, His Highness Sheikh Mohammed bin Rashid Al

Kalashnikov CEO lauds UAE’s IDEX

Lepin also revealed that “some important people” in the Gulf