Aug 25 2011 |
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Mohammed appoints Maktoum chairman of DIFC Supreme Council
Al Ghurair
is deputy chairman
The new legislation also appoints Abdul Aziz Al Ghurair as deputy chairman of the board, with a membership of Hussein Mohammed Al Qamzi, Abdul Fattah Al Saeed Mansoor Sharaf, Isa Kazem, Abdullah Mohammed Saeed Ghobash and David Alden, along with the Governor of the DIFC and the Chairman of the Dubai International Financial Services Authority.
Sheikh Mohammed also issued a law amending some of the provisions of Law No.9 of 2004 regulating the Dubai International Financial Centre ( DIFC ).
Article 3: The DIFC shall have the following entities: A. Dubai International Financial Centre Authority B. Dubai Financial Services Authority C. DIFC Courts Article 5: The DIFC shall have a Board of Directors headed by the Chairman, with members who are appointed by virtue of a decree by the Ruler. The members shall include the Governor and Chairmen of the authorities mentioned in article 3.
© Emirates 24|7 2011
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