Maktoum bin Mohammed expresses his satisfaction with the strong performance of the center in 2022

"Dubai International Financial" continues to confirm the position of the UAE and Dubai as a global hub for financial services

Maktoum bin Mohammed during his presidency of the meeting of the Supreme Board of Directors of the Dubai International Financial Center.

From the source

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and President of the Dubai International Financial Center, chaired the meeting of the Supreme Board of Directors of the Dubai International Financial Center.

Powerful performance

During the meeting, His Highness expressed his satisfaction with the strong performance of the center during the year 2022, despite the rapid economic fluctuations and changes the world is witnessing, stressing that the Dubai International Financial Center will continue to work in light of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and President of the UAE. The Council of Ministers and Ruler of Dubai, aimed at confirming the status of the UAE and Dubai, as a leading global hub for business and financial services.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum noted the vital role played by the Dubai International Financial Center since its establishment in 2004, in advancing the financial services sector, providing a supportive economic environment for business, and promoting national and local economic prosperity, as well as its contribution to supporting the diversification of the economy. And participating in a positive role in achieving its sustainable growth, by adopting an innovative approach aimed at consolidating the competitive capabilities of Dubai as a leading global financial center.

His Highness said in a tweet on the blogging site «Twitter»: «I chaired the meeting of the Supreme Board of Directors of the Dubai International Financial Center, and was briefed on the achievements of the center for the year 2022, and the progress made by its bodies in implementing the 2030 strategy .. The center is moving steadily towards consolidating the position that His Highness created. Sheikh Mohammed bin Rashid Al Maktoum to Dubai, as one of the most important financial centers in the world ».

2030 strategy

The Supreme Board of Directors reviewed the main achievements made by the three independent bodies of the Centre, namely: the Dubai International Financial Center Authority, the Dubai Financial Services Authority, and the Dubai International Financial Center Courts, during the year 2022, as the Board praised the pivotal role played by the senior management and its teams in Consolidate the position of the financial center as the best financial free zone, due to its superior performance and efficiency in attracting foreign direct investment projects over the past five years in a row.

His Highness the President of the Dubai International Financial Center praised the progress made by the center's bodies in implementing the priorities of the 2030 strategy, especially that contribution to consolidating Dubai's position as a global center for innovation and technology, including the reorganization and expansion of the Innovation Hub in the center, and the development of asset regulations. Digital, and future methodologies for the decision management process.

Green center

The Supreme Board of Directors of the Dubai International Financial Center urged the center's bodies to continue focusing on the future, and work specifically to strengthen Dubai's position as the first green financial center in the region, in line with the importance of climate, environmental, social and governance issues, which will be discussed during the meeting of world leaders in The Conference of the Parties (COP 28) to be hosted by the UAE in Dubai next year.

Maktoum bin Mohammed:

• "The center is moving steadily towards consolidating the position that His Highness Sheikh Mohammed bin Rashid Al Maktoum created for Dubai as one of the most important financial centers in the world."

economic contribution

The Governor of the Dubai International Financial Center, Issa Kazim, said that the center succeeded during the year 2022 in increasing its economic contribution at the national and local levels, while moving forward in implementing many of the priorities of its strategy for the year 2030. He added: “As we approach the year 2023, the financial center authorities confirm Its commitment to work with high efficiency and determination to achieve the center's vision to lead the future of the financial sector, enhance the dynamism of the national economy, and make a positive difference in the global financial system.

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