His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, has reaffirmed the confidence of global financial institutions in Dubai, highlighting it as a reflection of the success of the emirate’s economic vision. This message was conveyed during a meeting with Ronald O’Hanley, Chairman and CEO of State Street, a leading firm in financial services and investment management.
Confidence Indicates Economic Success
In a recent post on his X account, Sheikh Maktoum stated, “The confidence of global financial institutions in Dubai reflects the success of our economic vision and our ability to provide an environment that supports business growth, opening up new markets and opportunities.”
Strengthening Partnerships
During his discussions with O’Hanley, Sheikh Maktoum explored the developments of State Street’s operations in the UAE, emphasising the importance of enhancing collaboration in investment management, financial technology, and artificial intelligence. He noted the significance of sharing expertise to create quality opportunities for the nation’s workforce.
Pioneering Financial Services
Sheikh Maktoum concluded his remarks with a commitment to ensuring Dubai remains at the forefront of reshaping financial services through innovative technologies. He expressed a dedication to fostering partnerships that will enhance the competitiveness of the financial sector and support the objectives of Dubai’s D33 economic agenda, aiming to position Dubai among the top four global financial centres.