Dubai:H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), met with Georges Elhedery, Group CEO of HSBC, at his office in Dubai.
According to Emirates News Agency, the meeting focused on the longstanding relationship between the UAE and HSBC, exploring ways to strengthen cooperation in banking, finance, and investment. The discussions underscored the UAE's robust financial sector, advanced infrastructure, and regulatory environment, which support the expansion of international financial institutions in the region.
Sheikh Maktoum highlighted the significance of partnerships with global financial leaders in fostering economic growth, facilitating international trade and investment, and promoting innovation in financial services.
The dialogue also covered Dubai's aspirations as a global financial hub, particularly through the Dubai Economic Agenda, D33, aiming to position the emirate among the top four financial centers worldwide. The discussions emphasized Dubai's capacity to attract international financial institutions, investments, and talent, enhancing its role in connecting global markets. Additionally, the meeting addressed global banking developments, focusing on digital transformation and artificial intelligence in improving financial services and adapting to market changes.
The meeting was attended by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers; Amiri, Chief Executive Officer of the DIFC Authority; and Hadi Badri, CEO of the Dubai Economic Development Corporation.
