Formation of a law enforcement committee in Dubai markets and specialized courts

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, announced that under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, and the follow-up of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, "We approved in the Higher Committee for the Development of Capital Markets and Exchanges in Dubai, a target of doubling the financial market to 3 trillion dirhams, and the formation of a committee to enforce the law in its markets and specialized courts. The financial market is our economic front, and no one will be above the law."

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, in the official account on Twitter, said: "Today, we approved the launch of a fund worth up to 2 billion dirhams as a market maker, and another fund of one billion dirhams to encourage technology companies to list in the Dubai financial markets and its stock exchange. We want to move to develop financial markets very quickly in the coming period."

His Highness added: "Dubai has a financial market, Nasdaq Dubai and a gold and commodities exchange. We are the second largest Islamic sukuk center in the world and the third highest country in diamond trade. We have one of the largest gold exchanges and we are the largest country to re-export tea and we have exchanges to trade these commodities. Our next stop will be asset management. digital for the future.

Under the directives of Mohammed bin Rashid Al Maktoum and the follow-up of Hamdan bin Mohammed, we have approved in the Higher Committee for the Development of Capital Markets and Exchanges in Dubai a target of doubling the financial market to 3 trillion dirhams, and the formation of a law enforcement committee in its markets and specialized courts.

The financial market is our economic front and no one will be above the law.

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— Maktoum Bin Mohammed (@MaktoumMohammed) November 1, 2021

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