Sheikh Maktoum bin Mohammed welcomes Lord Philip Hammond to explore investment opportunities in Dubai
The First Deputy Ruler of Dubai met with the Chairman of Innovo Group to discuss international expansion and strengthen global partnerships.
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the United Arab Emirates, and President of the Dubai International Financial Centre, received Lord Philip Hammond, Chairman of Innovo Group, to explore the remarkable opportunities available to international enterprises seeking to establish and develop their operations within Dubai’s thriving business ecosystem.
The distinguished meeting centred upon the considerable potential for international companies to expand their footprint and undertake transformative projects that propel economic growth and foster innovation across the Emirate. The discussions illuminated Dubai’s increasingly prominent position as a preeminent hub for both regional and global commercial enterprise, celebrated for its exceptional connectivity to international markets, access to a sophisticated talent pool, and its comprehensive range of world-class financial and professional services.
His Highness Sheikh Maktoum bin Mohammed reaffirmed Dubai’s steadfast commitment to cultivating a competitive and welcoming business environment that instils investor confidence and facilitates sustainable, long-term expansion. He underscored the pivotal importance of fortifying global partnerships and attracting high-value investments that advance economic diversification, technological innovation and the strategic objectives of the Dubai Economic Agenda, D33, positioning the Emirate as a beacon of prosperity and opportunity.
Lord Philip Hammond brings an exceptional wealth of experience garnered through a distinguished career spanning over two decades in British politics, serving as a Member of Parliament from 1997 to 2019. His tenure encompasses several prominent roles, including Chancellor of the Exchequer from 2016 to 2019, Foreign Secretary from 2014 to 2016, Defence Secretary from 2011 to 2014, and Transport Secretary from 2010 to 2011.
The meeting was attended by a distinguished delegation including Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism; Engineer Marwan Ahmed bin Ghalita, Director General of Dubai Municipality; Omar Bu Shahab, Director General of the Dubai Land Department; and Dr. Amer Sharif, Chief Executive Officer of Dubai Health.
Source: WAM News Agency