Maktoum bin Mohammed receives Chairman of the Board of Directors of "HSBC" International Group
picture
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today received Mark Tucker, Chairman of the Board of Directors of HSBC Holdings, one of the largest banking and financial services groups in the world, at the Court of His Highness the Ruler of Dubai.
During the meeting, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed Dubai's pride in cooperating with HSBC Group in light of the historical ties that the group has long held with Dubai and the UAE in general, noting Dubai's keenness to explore and build new bridges of cooperation with international financial and investment institutions, paving the way for making A new future full of opportunities for the sector in the region.
His Highness praised the continuous work of the Dubai government to develop the emirate’s legal and regulatory environment in accordance with the highest international standards, and to improve the capabilities it offers to the business community, foremost of which is the highly reliable infrastructure and legislation that keeps pace with the rapid global changes, allowing companies and financial groups to expand the scope of their business and discover new horizons for growth and success in A rapidly developing and growing market.
The meeting discussed ways to enhance cooperation between the two sides in light of Dubai’s great interest in the financial sector and the elements it provides to the global financial and business community represented in world-class infrastructure and flexible legislative frameworks that guarantee investors the ideal environment for developing their businesses, and the Dubai government’s keenness to strengthen cooperation with The major international financial institutions, within a framework of partnership based on mutual trust and common concern to cross into the future with an open vision and a conscious understanding of the dimensions of the surrounding variables and the ability to deal with them in a positive manner that ensures benefiting from the opportunities it holds.
The two sides also discussed the group's overall business and the quality services it provides to the region from its regional headquarters in Dubai, which represents the starting point for HSBC's business at the regional level, and the group's expansion plans in the Middle East during the next phase, and how to take advantage of the many opportunities associated with the growth achieved by Dubai. As a main base for financial and banking services, and a major center for business, as well as the strong development movement that the UAE is witnessing in various vital sectors, as well as the promising development projects in the region.
Mark Tucker, Chairman of HSBC Holding Group, expressed his full appreciation for the UAE and what it represents as a strategic partner and a pivotal market in the region, and aspiration to take this partnership to higher levels during the next stage, stressing that Dubai, with its capabilities and a distinguished position as a major center for financial services In the region, it opens the way for international companies and institutions working in this field to develop their business and expand the scope of their services in the region.
Tucker stressed the strategic value of the UAE market, which he described as one of the most important markets for the group in the region, expressing HSBC's keenness to discover new paths of cooperation that can be achieved by expanding the provision of quality services that keep pace with the ambitious development aspirations of the UAE and in line with the active development movement in the region.
The meeting was attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority and Supreme Chairman of the Emirates Airline Group, His Excellency Mohammed bin Hadi Al Husseini, Minister of State for Financial Affairs, His Excellency Mohammed Ibrahim Al Shaibani, Director General of the Court of His Highness the Ruler of Dubai, and His Excellency Abdullah Mohammed Al Basti. Secretary-General of the Executive Council of Dubai, Samir Assaf, Chairman of the Board of Directors of HSBC Middle East, and Abdel Fattah Sharaf, CEO of HSBC UAE and Head of International Business Department.
Follow our latest local and sports news and the latest political and economic developments via Google news