adminBesides the four new faces entering the government, the most significant shift in the latest reshuffle is the merger of the ministry of economy and ministry of foreign trade.
The move strengthens the positions of the incumbent minister of economy Sultan Al-Bin Saeed Al-Mansouri who will remain in his post with increased competences.
Al-Mansouri has been holding the post since February 2008 and managed his resort well during the height of the global financial crisis.
He quickly eased regulatory environment to revive economic activity and strengthened economic relations to new markets such as East Asia, Africa and South America.
Kuwait Finance House expects the UAE GDP to grow by 4 percent in 2013, one of the highest growth rates in the Middle East.
Former minister of foreign trade Sheikha Lubna Al-Qassimi will head the newly formed ministry of development and international cooperation.
Minister of energy Mohammed Al-Hameli was replaced by Suhail Bin Mohammed Al Mazroui. Abdul Rahman Bin Mohammad Al Owais, the former acting minister of health and minister of culture, youth and community development, has been appointed as minister of health.
Sheikh Nahyan Bin Mubarak Al-Nahyan now serves as minister of culture, youth and community development. — AFP.
Online Reporter