Dubai is committed to supporting the pioneers of the global financial sector

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Civil Aviation Authority, President of Dubai Airports, Supreme Chairman of the Emirates Airlines and the group, met a number of global financial leaders participating in the work of the Dubai Financial Technology Summit 2025 “, which witnessed the presence of more than 9,000 participants from the financial sector leaders, financial technology leaders, investors, policy makers and innovators from more than 120 countries.

The meeting included the Managing Director, CEO of Kotak Mahandra, Ashok Vaswani, President of Ribel, Monica Long, and CEO of Bolt, Justin Grums, where ways of cooperation were reviewed, in a way that enhances the global financial sector, especially in terms of expanding digital payments, and upgrading the level of innovation in the financial technology sector.

His Highness Sheikh Ahmed bin Saeed Al Maktoum welcomed the attendance, stressing Dubai’s commitment to supporting the pioneers of the global financial sector, by providing advanced digital infrastructure, and the strategic vision necessary to expand the scope of transformational financial solutions efficiently and effectively, while continuing the emirate to strengthen its organizational environment through the enactment and modernization of laws and legislation that is characterized by a great deal of flexibility and ability to keep pace with the rapid global changes, And the sample of the needs of the various business sectors, including the financial sector, which enhances its position as a leading global financial center.

The meeting – attended by the Governor of the Dubai International Financial Center, Issa Kazem, and Vice Chairman of the Board of Directors of Emirates NBD Group, Hisham Abdullah Al -Qasim, and CEO of the Dubai International Financial Center Authority, Aref Amiri – to the ambitious goals that Dubai seeks to achieve from its location as a global center for the new economy and financial services, which are included in its economic agenda D33, and from the most important of which is the most important of the four most important Financial centers in the world, in addition to generating a new value of digital transformation towards the new economy with an average of 100 billion dirhams annually by the year 2033.

The influential role played by the Dubai International Financial Center was discussed as a pioneering axis of advanced financial technologies and cross -border partnerships, and a strategic portal for financial institutions, with a continuous focus on enhancing innovation in the financial sector, which enhances Dubai’s strategic position as a starting point for financial technologies linking the East to the West.

During the meeting, the main features of the Kotak Mahndra Bank strategy were reviewed with regard to the plans to expand its digital banking services worldwide, payment solutions based on the “Blockchain” technology from “Ribel” and the “Web 3” innovations, and the role of “Bolt” in enabling global transactions smoothly and safely.

In addition, His Highness Sheikh Ahmed bin Saeed Al Maktoum met, on the sidelines of the “Dubai Financial Technology Summit 2025”, President and CEO of the International Finance Institute (IIF), Timothy Adams.

The meeting dealt with the expansion of the horizons of financial cooperation between the UAE and global financial institutions, with a special focus on sustainable financing, digital transformation, and organizational compatibility.

The meeting also discussed ways to enhance international cooperation in financial policies, consolidate the position of the UAE, and Dubai as a leading global financial center in line with the Dubai Economic Agency D33, in addition to supporting the exchange of knowledge in the areas of digital banking services, environmental and social standards and corporate governance (ESG), and innovation in financial technology.

During the meeting, the two sides emphasized the pivotal role played by the International Finance Institute in formulating international best practices, and ways to enhance the UAE’s contribution to this advanced scene.

His Highness Sheikh Ahmed bin Saeed Al Maktoum also renewed the steps made by Dubai to achieve the targets of the Dubai Economic Agency D33, to be among the four best financial centers in the world.