Maktoum bin Mohammed Chairs Meeting to Boost Dubai’s Economic, Financial Sector

Photo : Dubai Government Media Office

His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and Chairman of the Higher Committee for the Development of the Economic and Financial Sector, led an important meeting to review new plans and goals for Dubai’s growing economy and financial system.

In the meeting, His Highness looked over future programmes that aim to make Dubai stronger in the world of money and business. He praised the clear vision and guidance of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai. Thanks to this vision, Dubai has become one of the most important places for global trade and finance.

His Highness explained that the Higher Committee’s work matches other big projects already happening in Dubai. Their goal is to keep improving Dubai’s economy and financial structure so it can quickly adjust to changes happening in the world economy. The committee will approve high-level strategies, review and update business laws, make rules more open and fair, support company listings on the stock market, and bring in investment for new and exciting industries.

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He added that the committee's role is to take Dubai’s economy to a higher level by using a clear plan that keeps Dubai ahead of others. Dubai is already leading on many global business rankings, and there is a strong aim to keep that lead with new smart ideas and better systems.

His Highness told the committee members to create fresh ideas and strong plans that will help Dubai stay a top destination for global trade and finance. The committee will send a full proposal to His Highness Sheikh Mohammed bin Rashid Al Maktoum, which will include new policies and steps that can help make Dubai a leader in global finance.

Committee Members
The Higher Committee includes:

• His Excellency Mohammad bin Abdullah Al Gergawi (Vice Chairman)
• His Excellency Mohammad bin Hadi Al Husseini
• His Excellency Omar Sultan Al Olama
• His Excellency Helal Saeed Al Marri
• His Excellency Essa Abdulfattah Kazim
• His Excellency Faisal Yousef bin Sulaitin
• His Excellency Fadel Abdulbaqi Al Ali
• His Excellency Saeed Al Attar
• Her Excellency Huda Sayed Naim AlHashimi (Secretary General)

Focus Areas and Plans
During the meeting, His Highness reviewed the committee’s long-term plan to make the financial sector stronger and more advanced. The key areas include:

• Making Dubai a global place for wealth and asset management
• Helping startups and fast-growing companies
• Building a modern banking and investing system
• Speeding up digital change in finance, including virtual assets and financial technology

His Highness also asked the committee to check and refresh current rules and laws for business, banking, and courts. He stressed the need for stronger honesty and better leadership in the financial world. He also asked for steps to make it easier for companies to list on the market and for Dubai to become a center for global business and investment.

The plan also includes growing the digital economy, financial technology, future industries, and innovative sectors. Dubai wants to attract all kinds of investors, from new business founders to those in new fields.

Dubai Economic Agenda D33
The committee will help support Dubai’s Economic Agenda D33 by guiding efforts across different sectors. This includes finding future risks and chances and making smart plans to deal with them. Dubai wants to keep improving its global rankings and stay attractive for investors, thinkers, and fresh ideas.

Investment and Growth
His Highness said the committee’s goals include:

• Launching new ideas to match global changes
• Making it easier for funds and capital to move
• Offering help and benefits to both people and companies who want to invest in Dubai
• Creating plans to show the world that Dubai is a great place to invest and grow businesses

The committee will work closely with different teams in Dubai to carry out these plans and use data to track progress. The aim is to make Dubai even more well-known around the world for its business and financial power.

This meeting marks a key moment in setting new goals for Dubai’s future. The emirate is focused on staying ahead with strong plans, fair rules, and new ideas that help both local and global investors grow in a place full of opportunity.