Article (9)
a. A CEO will be appointed to the MBRKF pursuant to a resolution of the Chairman of the
Executive Council.
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Law No. (9) of 2021 Amending Law No. (2) of 2017 Concerning the Mohammed bin Rashid Al Maktoum Knowledge Foundation
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b. The CEO will manage the MBRKF and ensure that its executive body achieves the objectiv es
of the MBRKF. In particular, the CEO will have the duties and powers to:
1. propose the policies, strategic plans, and work programmes of the MBRKF; submit the
same to the Director General for approval, in preparation for final approval by the
Executive Council; and follow up the implementation of these policies, plans, and
programmes upon approval;
2. propose the draft annual budget and financial statements of the MBRKF, and submit the
same to the Director General for approval, in preparation for final approval by the
competent entities in the Emirate;
3. propose the organisational structure of MBRKF and submit the same to the Director
General for approval, in preparation for final approval by the competent entities in the
Emirate;
4. represent the MBRKF before third parties and execute contracts, agreements, and
memoranda of understanding, in fields that are relevant to the work of the MBRKF, with
local, regional, and international entities, in accordance with the relevant table of approval
powers adopted by the Chairman;
5. draft the resolutions regulating the administrative, financial, and technical work of the
MBRKF, and submit the same to the Director General for approval;
6. supervise the work of the executive body of the MBRKF and appoint competent and
specialised employees as per the approved budget;
7. prepare periodic reports on the achievements and activities of the MBRKF, and present
the same to the Director General to take the appropriate action in this regard; and
8. exercise any other duties or powers required for the achievement of the objectives of the
MBRKF, as assigned or delegated to him by the Director General.
Financial Resources of the MBRKF
