He met with the Chairman of the Board of Directors of Bank of America

Mohammed bin Rashid: Our "D33" economic agenda will consolidate our position as the fourth global financial center by 2033

Mohammed bin Rashid during his meeting with Brian Moynihan.

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His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, met yesterday, in the presence of His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, at the Zabeel Palace in Dubai, Chairman and CEO of Bank of America, Brian Moynihan, one of the largest banks in the world in terms of market capitalization.

His Highness said in a tweet on Twitter yesterday: “During my meeting today with Brian Moynihan, Chairman and CEO of Bank of America, one of the largest banks in the world, which has 213,000 employees and has been managing its regional operations from Dubai since 2007, our D33 economic agenda will consolidate Our position as the fourth global financial center by 2033, God willing.

His Highness Sheikh Mohammed bin Rashid Al Maktoum reviewed, with the Chairman of the Board of Directors of “Bank of America”, the continuous positive development in the cooperation relations between the bank and the UAE, in light of the great opportunities that the country offers to the global banking sector, through its ambitious development plans. And mega projects and a supportive environment for business, which established its position as a major destination for investment in the region, and one of the main axes for the financial industry worldwide. The meeting also dealt with ways through which Bank of America can be enabled to expand its business at the state and region levels.The meeting also touched on the UAE's keenness to strengthen its network of relations with its strategic partners in the field of financial and banking services from around the world, in order to consolidate its position as one of the most important destinations for investment and entrepreneurship and the most attractive for creative competencies and creative energies in the same field, based on the UAE's keenness to play an effective role. As the center of support for the sector at the global level, by providing real added value that serves the interests of its institutions and companies of various sizes, and confirming its contribution as a positive partner in supporting the future directions of the global financial sector.

His Highness Sheikh Mohammed bin Rashid Al Maktoum reviewed, with the Chairman of the Board of Directors of "Bank of America", the most important developments in the global economy, as well as the economic aspirations of the UAE for the next stage. To one of the three best economic cities in the world during the next 10 years, and the elements that support this goal, most notably the high-level infrastructure and the flexible regulatory and legislative environment, and what these data provide for international companies of ample opportunities to achieve new successes in the region.

For his part, the Chairman and CEO of Bank of America expressed his appreciation for the UAE, and for the advanced model presented by the Emirate of Dubai as a financial center with advanced capabilities, and a major global platform for the bank to manage its business in the region and serve its aspirations for the future in it.

The meeting was attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Authority and Supreme Chairman of the Emirates Airlines Group, His Highness Sheikh Ahmed bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Media Council, and His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum, Chairman of the Dubai Sports Council. .

Bank of America, which is affiliated with the giant Merrill Lynch Corporation, is one of the leading global financial institutions in the field of wealth management and investment banking services. Within 35 countries, the number of employees is about 213 thousand employees.

The bank established its regional headquarters in the Dubai International Financial Center in 2007 to manage the bank's business in the Middle East and North Africa region.

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