His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, stressed that “the UAE is characterized by an infrastructure with global specifications, and a foster and secure investment environment that is subject to laws and regulations with international standards that protect capital and protect investors’ rights. ”
This came during a meeting with His Highness, Chairman of HSBC Banking Group, Mark Tucker, where His Highness pointed out that "the group has played a vital role for decades in revitalizing and strengthening the financial and business community in the UAE in general, and Dubai in particular."
In detail, His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met at the headquarters of HSBC International Banking Group in Dubai “Downtown” yesterday, in the presence of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Chairman of the Group Board of Directors, Mark Tucker.
During the meeting, they reviewed the activities and investments of the banking group in the UAE and the region, which started its banking operations in the country since 1946, until now it has eight branches across the country.
His Highness Sheikh Mohammed bin Rashid Al Maktoum welcomed the Chairman of HSBC, the members of the Board of Directors and the senior management employees who hold their two-day annual meetings in Dubai, where His Highness affirmed that “The Global Banking Group, based in the President In the British capital, London, I played decades ago that played a vital role in revitalizing and strengthening the financial and business community in the UAE in general, and Dubai in particular, which had a positive impact in supporting our national economy and increasing financial and banking investments in the country.
His Highness also stressed in his exhibition attracting parties to talk with Tucker, that «the UAE is characterized by an infrastructure with global specifications, and a foster and safe investment environment that is subject to laws and regulations with international standards that protect capital, and protect investors, especially international banks, their rights and allow them to work, reside and logistical facilities Necessary ».
In addition, the Chairman of the HSBC Group thanked the Vice President, Prime Minister and Ruler of Dubai for the many facilities provided by the state’s authorities to the branches of the working group in the state and its employees, which helped in developing the group. For its operations and investments in the UAE in particular, and the countries of the region in general, where the group’s regional headquarters are in Dubai, which has become the preferred destination for investors.
Tucker said that "the care and facilities that the group gets in Dubai and the UAE are incentives for the board of directors and all employees to work hard, sincerity and transparency and contribute to the economic growth of the UAE in all sectors."
He continued: «For all these reasons, the Board of Directors chose to hold its annual meeting in Dubai, this safe and safe city that embraces all cultures.
His Highness Sheikh Mohammed bin Rashid Al Maktoum, after the meeting, visited the halls and offices of the headquarters, which is described as a distinguished architectural masterpiece in the center of "Dubai Downtown", where His Highness toured the International Trade and Investment Transaction Hall, which employs about 100 employees who electronically follow the movement of markets Global finance, stocks, and other financial and banking activities.
The meeting was attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Aviation Authority, Supreme President of the Emirates Airlines Group, His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, President of the Mohammed bin Rashid Al Maktoum Knowledge Foundation, and Director General of the Office of His Highness the Ruler of Dubai, Mohammed Ibrahim Al-Shaibani, General Director of the Protocol and Hospitality Department in Dubai, Khalifa Saeed Suleiman, General Manager of the Group Chief Executive Officer in the UAE and Head of International Business Management in the group, Abdul Fattah Sharaf.
Deputy Head of State:
“HSBC played a vital role in strengthening the financial and business community in the country in general, and Dubai in particular.”
"The investment environment in the country is subject to laws and regulations with international standards that protect money and protect investors' rights."
3,900 offices in 67 countries
HSBC Group has 3,900 offices in 67 countries, including the UAE, which operates in the eight branches of the country in the country more than 3000 employees, and takes Dubai from the regional center from which its operations are managed in the Middle East, North Africa and Turkey, and reached The cost of the headquarters in Dubai is about one billion dirhams.