Maktoum bin Mohammed receives CEO of "City" International Group
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today received Jane Fraser, CEO of Citi International Group, one of the largest global institutions specialized in banking and banking services.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum welcomed the CEO of Citi Group at the outset of the meeting, which took place in the Emirates Towers in Dubai, where they reviewed the development of the long partnership between the UAE and the global group dating back to 1964 with the opening of Citi Bank. The group's headquarters is in Dubai, and the partnership entered a new phase in 2006, with which the group's presence in the emirate and the region was strengthened by establishing its regional headquarters in the Dubai International Financial Center, in order to manage its business and serve its customers in the Middle East.
During the meeting, the financial and banking activities that the group specializes in and offer to its customers in the UAE as well as the region through its regional center in the Dubai International Financial Center were reviewed. His Highness affirmed the country’s keenness to develop its links with the global business and financial community by providing its various components with all the ingredients that qualify for excellence, in pursuit of To achieve more joint successes, and based on a set of parameters that ensure more prosperity for existing partnerships and contribute to expanding their scope and creating more of them.
The talk touched on the most important elements of the supportive environment that Dubai provides to various business sectors, the most important of which is the financial and banking sector, foremost of which is the advanced logistical and technical infrastructure, and the updated legislative frameworks that guarantee global financial institutions, and the diversity of their business volumes, the appropriate atmosphere that enables them to achieve their strategic objectives within A work system that is flexible and able to adapt to various variables, while following best practices and applying the highest international standards.
The services provided by Citi Group, which is one of the largest international financial institutions, provide services to millions of customers around the world, whether individuals or institutions, in about 160 countries and regions. The group’s global revenues in 2021 amounted to $71.9/billion.
The meeting was attended by Mohammed bin Abdullah Al Gergawi, Minister of Cabinet Affairs, Hilal Saeed Al Marri, Director General of the Department of Economy and Tourism in Dubai, and Arif Amiri, CEO of the Dubai International Financial Center Authority.
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