Maktoum bin Mohammed meets with the Chairwoman of the Board of Directors of Standard Bank Group (SBG)

DUBAI, 10TH OCTOBER/WAM/ His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, and President of the Dubai International Financial Centre, met today (Friday) Nonkululeko Nyembezi, Chairwoman of the Board of Directors of Standard Bank Group (SBG), one of the largest banks on the continent of Africa.
His Highness welcomed the leader of the leading African banking group, noting the long cooperation relations between the UAE and the group, which go back to the year 1997 with the opening of its representative office in Dubai, and then the establishment of its branch in the Dubai International Financial Center in 2006.
During the meeting, which took place in His Highness’s office in Dubai, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed the UAE’s keenness to consolidate its partnerships with the global financial and business community, while confirming its position as a leading center for innovation and financial technology.
The meeting reviewed the great opportunities that the UAE opens up to its partners from major financial institutions from various parts of the world to support the development and expansion of their business in the region’s markets, and the capabilities it provides to financial services institutions, from a world-class digital infrastructure, flexible and advanced legislative and regulatory frameworks, and highly efficient logistical services, which together enhance the prosperity of its business community, which includes the most prominent and important of these. Institutions around the world, and the impact of this in supporting the goals of the Dubai Economic Agenda D33, and confirming its position among the four best financial centers in the world by the year 2033.
The discussion touched on the aspirations of the Standard Bank Group for the future of its services in the Middle East region and opportunities for cooperation with the global financial and investment system in the UAE and Dubai. The prospects for investment and development cooperation between the countries of the region and Africa were also reviewed, in a way that supports sustainable economic growth trends in the countries of the continent, and keeps pace with Dubai’s efforts to be an effective bridge linking global markets, and supports enhancing initiatives. For prosperity and long-term development.
It is noteworthy that the prestigious Standard Bank Group, whose headquarters are located in Johannesburg, is one of the largest banking groups in Africa, and its business is spread to cover 20 African countries and major global financial centers with a long history that extends more than 160 years. The group plays a pioneering role in financing trade, investment and infrastructure projects that link Africa to the global economy, and the number of its clients is estimated at more than 19.2 million. client.
The meeting was attended by His Excellency Helal Saeed Al Marri, Director General of the Department of Economy and Tourism in Dubai, His Excellency Issa Kazim, Governor of the Dubai International Financial Centre, His Excellency Hesham Abdullah Al Qassim, Vice Chairman and Managing Director of the Emirates NBD Bank Group, and His Excellency Arif Amiri, CEO of the DIFC Authority.

• For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and Related