Maktoum bin Mohammed meets with the Chairman of the Board of Directors of Hong Kong and Shanghai Hotels and CLP Energy Holding.

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, met today (Monday) with Sir Michael Cadore, Chairman of the Board of Directors of CLP Holding, (CLP Holding(Leading energy solutions company, Hong Kong and Shanghai Hotels Co., Ltd.)The Hongkong and Shanghai Hotels, Limited), owner of the international luxury hotel chain “Peninsula”.

During the meeting that took place in His Highness’s office in Nad Al Sheba, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum stressed the keenness of the UAE and Dubai to consolidate the distinguished development model it is pursuing in its comprehensive development process based on economic openness, and building long-term partnerships with leading international institutions, especially within vital sectors. His Highness pointed to the prosperity witnessed by various economic sectors in the UAE in light of an advanced, flexible and supportive legislative and regulatory environment. To grow investments and ensure their sustainability.

The great potential that the UAE and Dubai enjoy in the field of tourism was reviewed thanks to the world-class infrastructure, the diversity of the tourism product and the natural environmental components, which are the elements that qualified it to be among the prominent global tourist destinations, with reference to the record it achieved in the number of international visitors during the year 2025, which reached 19.59 million visitors.

The meeting also discussed opportunities to expand qualitative investments in the UAE in line with its great ambitions for the future of sustainable development, including continuing to diversify sources of income and expand, as well as the opportunities that Dubai creates for investors through the enablers and incentives it provides in light of the goals of its economic agenda. D33Towards consolidating its position as a leading global center for tourism, investment and innovation.

His Highness said in a blog post on the “X” platform: “Today I met with Sir Michael Cadore, Chairman of the Board of Directors of CLP Holdings, a leader in the field of energy solutions, and Hong Kong and Shanghai Hotels Limited, and we discussed the great potential that the UAE and Dubai enjoy in the field of tourism thanks to its pioneering infrastructure and the diversity of its tourism components, which enabled it to receive 19.59 million visitors during the past year to be among the prominent global tourist destinations.”

His Highness added: “We also discussed opportunities to expand qualitative investments in the UAE in line with the visions of the wise leadership for the future of development and sustainable energy in the country.”

His Highness concluded by saying: “Our belief is firm in the vision of our leadership, and our steps towards the future are confident, with which the UAE will become a destination for the world and a land for fruitful partnerships.”

The meeting was attended by Mohammed Abdullah Al Gergawi, Minister of Cabinet Affairs, Mohammed bin Hadi Al Husseini, Minister of State for Financial Affairs, Helal Saeed Al Marri, Director General of the Department of Economy and Tourism in Dubai, His Excellency Hisham Al Qassim, Vice Chairman and Managing Director of Emirates NBD Bank Group, and His Excellency Issam Kazim, Executive Director of the Dubai Corporation for Tourism and Commerce Marketing.

It is noteworthy that the Hong Kong and Shanghai Hotel Group is a leading group in the field of luxury hospitality and real estate. It was founded in 1866 and owns and operates a number of the finest hotels in the world under the “The Peninsula” brand in Asia, Europe and the United States. The total value of the assets owned by the group is estimated at approximately 55.9 billion Hong Kong dollars, while it is considered a company… CLP One of the largest energy companies in the Asia-Pacific region, its investments are spread in Hong Kong, China, Australia, India, Taiwan, and Thailand, and it provides its services to approximately 5.2 million customers in those markets.