H.E. Rashid Abdul Karim Al Balooshi

H.E. Rashid Abdul Karim Al Balooshi

Acting Undersecretary, Abu Dhabi Department of Economic Development (ADDED)

A prominent economics thought leader and accomplished chief executive, His Excellency Rashid Abdul Karim Al Balooshi is the Acting Undersecretary of Abu Dhabi Department of Economic Development (ADDED). In this capacity he oversees the top-level development and implementation of leading initiatives at the Department, with the ultimate goal of elevating the global competitiveness of Abu Dhabi’s business ecosystem.

H.E. Al Balooshi has an in-depth mastery of global economic trends, challenges, opportunities and key drivers. This has been accumulated from his extensive experience in collaborating with local and international partners to make Abu Dhabi a more robust investor-friendly, innovation-friendly and growth-friendly economic powerhouse. His approach of strengthening governmental and private sector synergies based on transparency and knowledge exchange have proved instrumental in propelling the emirate towards its vision of a diversified, knowledge-based economy.

Harnessing his strong track record of management at the highest level in finance and economics, H.E. Al Balooshi is guided by his two decades of experience at the Abu Dhabi Securities Exchange (ADX), where he was entrusted with a multitude of roles on his journey to becoming the CEO.

H.E. Al Balooshi also currently serves as the Vice Chairman of the Khalifa Fund for Enterprise Development, and is a Board Member of ADX and the Abu Dhabi Agriculture and Food Safety Authority.

Among numerous accolades received for his contributions as an economic visionary, he has been honoured as a governmental and business pioneer through the Government CEO Excellence Award and the Arab Eagle Award for General Management.

H.E. Al Balooshi holds a Masters in Business Administration from UAE University, and attained a Bachelors in Computer Science and Information Systems from Benedict College in the United States. He actively shares his expertise in several leading institutions encompassing education, economics and various other fields. Al Balooshi has been the recipient of many awards and distinctions, including the Government CEO Excellence Award in 2014 and the Arab Eagle Award for General Management in 2017.


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