HSBC Group CEO and Chairman of Lazard Board of Directors
Maktoum bin Mohammed: Enabling major global institutions to record the best results according to a unique model
Maktoum bin Mohammed receives HSBC Group CEO Nol Quinn.
From the source
Maktoum bin Mohammed receives Kenneth Jacobs, CEO of Lazard International.
From the source
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His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, affirmed the UAE's aspiration to work closely with major international financial institutions, and Dubai's efforts to contribute to shaping the future of banking.
His Highness, during his reception yesterday, the CEO of the “HSBC” global banking group, Knoll Quinn, and the Chairman and CEO of “Lazard International Company” specialized in financial advisory and asset management, Kenneth Jacobs, separately indicated what Dubai is preparing. From a supportive atmosphere to its partners that takes into account the interests of the emirate and supports its projects, while enabling major international institutions to achieve the highest levels of performance and record the best results, according to a unique model that has made Dubai a major destination for financial and business institutions, and a pivotal center for economic activities in the region.
HSBC Group
In detail, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, received yesterday the CEO of HSBC's global banking group, Knoll Queen, at his office in the Dubai International Financial Center.
His Highness reviewed with Quinn the prospects of cooperation and ways to enhance and expand it during the next stage, based on the long partnership that brought the UAE together with the group, which was one of the first global financial institutions that launched its business in the UAE more than 75 years ago.
Documenting Partnerships
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed the UAE's aspiration to work closely with major international financial institutions, of which the HSBC Group is one of the most prominent, and Dubai's efforts to contribute to shaping the features of the future of banking, by documenting existing partnerships, and discovering more. One of the opportunities for cooperation between the public and private sectors in this field.
financial activities
The meeting dealt with the overall banking services provided by the group in the UAE and the regional environment, starting from the headquarters of "HSBC" Middle East in the Dubai International Financial Center, and the group's various financial activities, whether related to transactions of individuals or institutions.
The discussion also touched on the supportive environment that the state provides to international financial institutions, enabling them to enhance their overall business, whether at the local level or at the regional level.
the financial sector
For his part, CEO of HSBC Global Banking Group, Knoll Quinn, expressed his appreciation for the development of the UAE financial sector, in light of the forward-looking vision for the future, and keeping pace with its requirements, which is reflected in all laws and legislations that are enacted at the level of the UAE and in Dubai, and are being developed. And constantly updating it, in order to support ambitious development trends, and keep pace with global market developments.
Quinn praised the overall comprehensive development operations in Dubai, and the huge projects it includes that open the way for more growth opportunities for the financial and banking sector, praising the supportive environment that the emirate provides to the business sector and investors, within a relationship based on partnership with major international banking and financial groups, to continue Achieving joint successes in the short and long term, confirming the distinguished position that Dubai enjoys as a major center for financial and banking activities in the region.
"Lazard International"
In addition, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, yesterday, received Kenneth Jacobs, Chairman and CEO of Lazard International Company, which specializes in financial advisory and asset management, at his office in the Dubai International Financial Center.
His Highness discussed with Jacobs the prospects for cooperation and ways to enhance it, in light of the opportunities provided by the UAE for growth, and the supportive atmosphere that Dubai creates for its partners that take into account the interests of the emirate, support its projects, and keep pace with its ambitious development plans, while enabling major international institutions to achieve the highest levels of performance and record the best The results, according to a unique model, made Dubai a major destination for financial and business institutions, and a pivotal center for economic activities in the region.
The company's business
During the meeting, the overall business of the company, which dates back to about 175 years, and currently covers more than 40 cities around the world, was reviewed. The discussion also touched on the services provided by the company from Dubai, especially in the field of cooperation with family businesses, which represents one of the pillars. The mission to the local economy, and the development of the company's services since the opening of its headquarters in the Dubai International Financial Center in 2007, which formed a vital bridge to link the services provided to its customers in Europe, Africa and Asia.
The two meetings were attended by the Secretary-General of the Executive Council of the Emirate of Dubai, Abdullah Muhammad Al-Basti, the Director-General of the Department of Economy and Tourism in Dubai, Hilal Saeed Al-Marri, and the Governor of the Dubai International Financial Center, Issa Kazim.
Lazard: Dubai is an ideal starting base
Kenneth Jacobs, Chairman and CEO of Lazard International, stressed that Dubai represents an ideal starting base for global business institutions seeking to expand their activities in the region, with its future vision and flexibility in dealing with surrounding changes, and a comprehensive understanding of growth requirements during The next stage, and Dubai's conscious openness to the global business community, which enabled it to occupy a distinguished position among the most prominent financial and investment destinations in the region.
• Dubai seeks to contribute to shaping the future of banking.
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