Maktoum bin Mohammed: Dubai Will Remain a Hub for Attracting Capital and Innovating Solutions
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum met with the Chairman of Deutsche Bank.
SUMMARY
Sheikh Maktoum bin Mohammed meets with the Chairman of Deutsche Bank to discuss the growth of the financial sector in the UAE.
KEY HIGHLIGHTS
- Dubai will remain a hub for attracting capital.
- Rapid growth in financial innovation and digital transformation.
CORE SUBJECT
Financial Innovation
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of Deutsche Bank, one of the largest and most prestigious banks in the world, met to discuss the bank's activities and the comprehensive services it offers across the UAE, the Middle East, and Africa from its headquarters in the Dubai International Financial Centre.
His Highness stated in a post on the platform "X": "I met today with Alexander Wynaendts, Chairman of Deutsche Bank, one of the largest and most prestigious banks in the world."
He added: "We discussed the significant development and rapid growth witnessed by the financial and banking sector in the UAE in adopting financial innovation and digital transformation, which supports its competitive advantages and enhances its investment environment."
His Highness affirmed that "Dubai will remain a hub for attracting capital, innovating solutions, and setting new standards for the financial sector globally. The confidence of global financial institutions in the UAE's investment environment and its ability to enable growth and accelerate economic transformation is continuously increasing, solidifying its position as a leader in the global economic and financial sector."
KEYWORDS
MENTIONED ENTITIES 2
Deutsche Bank
🏛️ OrganizationOne of the largest and most prestigious banks in the world
Maktoum bin Mohammed bin Rashid Al Maktoum
👤 Person_MaleFirst Deputy Ruler of Dubai