Emirati businessman declared Chairman of Arab Development and Investment Authority

DUBAI, 2nd February, 2017 (WAM) — The General Secretariat of the International Parliament for Scientists of Human Development, has chosen the Emirati businessman Adel Al Otaiba as the first Chairman of the Arab Investment and Development Authority.

The announcement was made during the parliament’s mini session where it was stated that Mr. Al Otaiba would be the right choice to lead the authority, “as he is one of the most prominent dynamic persons in the field of economy and investment at both the Arab and international level.”

Al Otaiba was officially assigned to set up the board of directors and to then officially announce the activities and objectives of the authority.