Money and business

Maktoum bin Mohammed reviews the chances of enhancing financial and economic cooperation with Luxembourg

Dubai, May 13 / WAM / His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Governor of Dubai, Deputy Prime Minister and Minister of Finance, discussed with His Excellency Gils Worth, Minister of Finance in Luxembourg, ways to enhance cooperation between the two countries in many vital fields, especially financial affairs, trade exchange, innovation and emerging technologies, and in a way that supports comprehensive and sustainable development goals for the two sides.
This came during the meeting that took place at the headquarters of the Dubai Investment Corporation in Dubai, where the discussion touched on bilateral cooperation relations between the UAE and Luxembourg, and ways to advance them, especially in its economic framework, while emphasizing the importance of discovering new paths to cooperate in developing financial systems designed in a manner that guarantees flexibility and ability to meet the requirements of the sustainable financial future and in a way that keeps pace with the targets of economic development plans and strategies for both sides.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum reviewed with the Minister of Finance in Luxembourg to raise the ceiling of cooperation and exchange of successful experiences and experiences in the field of financial and banking services, while taking advantage of the prestigious position of Dubai and Luxembourg as leading global financial centers, including strengthening cooperation in financial technology (Fintech) and blockchain.
The meeting dealt with the strong economic possibilities of the UAE, including the advanced financial infrastructure, the advanced organizational environment, and the services supporting the global financial and investment community, which are the strengths that confirm its position as an ideal platform for companies that are based in Luxembourg and seeks to expand at the level of the region and the world; Also, partnership opportunities were reviewed in the field of developing sustainable financing solutions and financial innovation, and cooperation between investment funds and financial centers in the two countries.
The meeting was attended by His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Authority, President of Dubai Airports, Supreme President of the CEO of the UAE aviation and the group, His Excellency Reem Bint Ibrahim Al Hashemi, Minister of State for International Cooperation, His Excellency Mohammed bin Hadi Al Husseini, Minister of State for Financial Affairs, His Excellency Mohamed Ibrahim Al Shaibani, Managing Director of the Dubai Government Investment Corporation, and His Excellency Issa Kazem, Governor of the Dubai International Financial Center.

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