Ali Alhosani makes history as first Emirati IMF executive director
By Business & Property Desk1 min read
In Dubai, the Dubai Media Office announced that Ali Alhosani has been elected as the first Emirati executive director of the International Monetary Fund, with the statement issued on Friday, 16 October 2026 at 5:39 PM and updated at 5:50 PM.
Historic appointment
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum said, “Ali Alhosani had been elected executive director at the International Monetary Fund (IMF), becoming the first Emirati to hold the position”.
This appointment marks a milestone for the United Arab Emirates’ presence on the Fund’s executive board.
UAE’s role on the IMF Board
He said the UAE’s representation of Arab Group countries and the Maldives on the IMF Executive Board reflected the strength of the country’s economic model and its experience in financial development.
The UAE represents Arab Group nations and the Maldives on the board, underscoring its expertise in economic and financial development.
Leadership praise
Sheikh Maktoum also praised Emirati talent for representing the UAE in international economic and financial affairs and wished Alhosani success in his new role.
