His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, at the moment acquired C S Venkatakrishnan, Group Chief Govt of Barclays, one of many world’s main monetary establishments. The assembly was held at His Highness’s workplace in Dubai.
Throughout the discussions, HH Sheikh Maktoum highlighted the UAE’s objective to additional improve its monetary ecosystem to make sure it stays one of many world’s most revolutionary, resilient, and aggressive. The assembly explored how enhanced collaboration with Barclays might unlock new progress alternatives, significantly by capitalising on the emirate’s strengths in infrastructure, laws, and digital transformation. He additionally emphasised Dubai’s position as a strategic base for worldwide monetary establishments looking for to increase their attain in regional and rising markets.
“We’re targeted on cultivating long-term strategic partnerships with world monetary establishments like Barclays that advance the UAE’s monetary ecosystem and speed up our broader financial aims. We’re additionally dedicated to supporting them in increasing their enterprise in regional and worldwide markets utilizing the UAE as a strategic platform. This technique is aligned with the objectives of the Dubai Financial Agenda D33 to double the town’s GDP and place it among the many world’s high three city economies and high 4 world monetary hubs by 2033,” His Highness mentioned.
Barclays is a transatlantic shopper, company and funding financial institution providing services throughout private, company and funding banking, bank cards and wealth administration. With over 325 years of historical past and experience in banking, Barclays operates in over 40 international locations and employs roughly 85,000 folks. The corporate’s Center East hub is predicated within the Dubai Worldwide Monetary Centre (DIFC),
The assembly was attended by His Excellency Abdulla Al Basti, Secretary Basic of The Govt Council of Dubai; His Excellency Abdulrahman Saleh Al Saleh, Director Basic of Dubai Finance; His Excellency Helal Saeed Almarri, Director Basic of the Dubai Division of Economic system and Tourism; and His Excellency Essa Kazim, Governor of the Dubai Worldwide Monetary Centre.
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