President Sheikh Mohamed bin Zayed Al Nahyan appointed Ahmed Al Neyadi as the director-general of the General Authority of Islamic Affairs, Endowments, and Zakat, with the rank of undersecretary, Wam reports. Al Neyadi previously served as executive director of the support services sector at the authority.

The President also appointed Waleed Saeed Abdul Salam Al Awadhi as CEO of the Securities and Commodities Authority, with the rank of undersecretary, Wam reports. Al Awadhi boasts over 22 years of expertise in financial services, regulatory frameworks, and banking operations. He has served as COO at Dubai Financial Services Authority, deputy head of retail banking at Emirates Islamic Bank, and held senior roles at Sama Dubai and Etisalat.