The Emirates Securities and Commodities Authority (SCA) has honored Vice President and Prime Minister of UAE and Ruler of Dubai H.H Sheikh Mohammed bin Rashid Al Maktoum in recognition of his guidance and care for the SCA in the latter's march over the ten years of its existence.
Sheikh Mohammed's unstinting support contributed immensely in enabling the SCA to carry out its national duty and strengthen the safety and the stability of domestic financial markets. This was achieved through the development of the regulatory frameworks for financial and commodity markets in the UAE as per the best international standards.
At a brief ceremony, Sheikh Mohammed bin Rashid received a souvenir from the SCA Chief Executive Officer, H.E. Abdullah Al-Turifi, in the presence of Minister of Economy and SCA Board Chairman, H.E. Sultan Bin Saeed Al Mansoori. The ceremony was held on the occasion of the SCA's 10th anniversary.
In a related development, Sheikh Mohammed also received the annual report of the Ministry of Economy from Al Mansoori. The report detailed UAE's economic growth as well as the development of the country's economic relations with many countries of the world. It also shed light on the economic boom in the public and private sectors.