Dubai Govt Investment Foundation launched

Former Singaporean prime minister Lee Kuan Yew and seven semi-government companies in Dubai were honoured for contribution in realisation of the added value to the investments in Dubai.

Shaikh Mohammed addressed the event through a message read by Mohammed Ibrahim Al Shaibani, Director of Shaikh Mohammed's Court and Chief Executive of the Establishment. “The personality honoured today is a world figure and high calibre leader who uplifted Singapore to the world economic and financial competition,” Shaikh Mohammed stated in the message. Yew succeeded in two decades to make his country the world hub for business and tourism, ensuing from visionary leadership, serious work and solid determination.

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The former Singapore premier commended the efforts and vision of Shaikh Mohammed, which made Dubai a world-class financial and investment centre, indicating that 'Dubai is a success story'.

Shaikh Mohammed in the presence of Dubai Crown Prince Shaikh Hamdan bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, other Shaikhs and high-ranking officials honoured the companies that added value to the local and foreign investments in Dubai.

He honoured Emirates Airline Group, Emirates Bank, National Bank of Dubai, Emaar Investments, Tanmia, Ducab, Dubai Bourse and Dubai World.