UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum stressed the role of banks in general, and national ones in particular, in driving the national economy and creating job opportunities for young people. Arab and foreign businesses in our local markets, and flexible and transparent laws that protect investors and preserve their rights, and provide them with the necessary and stimulating facilities for the exercise of their financial, banking, commercial and other activities, under the roof of a law that enjoys independence, justice and equality of all people, and with world standards.

This came during the attendance of His Highness the Commercial Bank of Dubai celebrating its Golden Jubilee, praising the role of this national banking edifice in supporting the national economy in the Emirate of Dubai and the UAE.

Commemorative plaque

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, signed the commemorative electronic plaque of Commercial Bank of Dubai.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, and His Highness Sheikh Ahmed bin Mohammed attended the ceremony held at the Arena Hall in City Walk in Dubai yesterday. His Highness Sheikh Mohammed bin Rashid Al Maktoum, Chairman of the Mohammed bin Rashid Al Maktoum Knowledge Foundation.

The Chairman of the Commercial Bank of Dubai, Humaid Mohammed Al Qatami, delivered a speech in which he welcomed the presence and patronage of His Highness the Vice President, Prime Minister and Ruler of Dubai, to celebrate the Bank's 50th anniversary.

Drive growth

Al-Qatami talked about the bank's progress since its inception, by a decree issued by the late Sheikh Rashid bin Saeed Al-Maktoum, may God rest his soul, in 1969, where the bank contributed to the acceleration of economic and urban growth in the Emirate of Dubai, through financing development projects for the government and real estate projects and other citizens This has made it one of the first national banks to contribute directly and indirectly to the prosperity and prosperity and development of Dubai in particular and the UAE in general.

The Chairman explained the bank's vision and monetary policy committed to serving the national economy, citizens and customers in general, pointing out the awards received by the bank as the best digital bank and the best bank in cash management, and the service of customers and banking facilities provided by its customers, especially investors in development projects that support the economy. National of our state.

An active role

Lieutenant General Dhahi Khalfan Tamim, Vice President of Police and Public Security in Dubai, delivered a speech in his capacity as the guest of honor, praising the active role played by Commercial Bank of Dubai and its transparent banking transactions which contributed to enhancing confidence between him, its customers and shareholders, and local and foreign investors. .

The role of banks

At the end of the ceremony, His Highness the Vice President, Prime Minister and Ruler of Dubai took commemorative photos with the Chairman and members of the Board of Directors, and congratulated them on the bank's golden jubilee, praising the role of this national banking edifice in supporting our national economy at the level of the Emirate of Dubai and the UAE.

His Highness stressed the role of banks in general, and national ones in particular, in moving the wheel of our national economy and creating job opportunities for young people. And stimulate the exercise of their activities and their financial, banking, commercial and other, under the roof of an independent, just and equal law of all people, and with world standards.

Stages of Bank Development

UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum watched a documentary on the development of Commercial Bank of Dubai, which now has 26 branches in the UAE. It is a national joint stock company, 80% of which is owned by national shareholders and 20% by Dubai Government Investment Corporation.

Presence

The ceremony, which was held by Commercial Bank of Dubai (CBD) on the occasion of its Golden Jubilee, was attended by a number of former chairman and members of the Board of Directors, senior businessmen in the country, as well as customers and employees of the bank.