H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), met today with Masahiro Kihara, the President and Group CEO of Mizuho Financial Group, one of Japan’s largest financial institutions. The meeting took place at The Ruler’s Court in Dubai.
During the discussions, H.H. reaffirmed the UAE’s commitment to strengthening relationships with prominent global financial institutions, in line with its strategic goal of enhancing its position as a key player in the international financial industry.
H.H. highlighted that the UAE’s strong infrastructure, efficient regulations, and progressive business environment provide global financial companies with an ideal platform to capitalise on emerging growth opportunities across the Middle East, Africa, and South Asia (MEASA) region.
The talks also focused on Dubai’s ambitious plans to grow its financial sector, including efforts to improve capital market depth and liquidity, with the goal of positioning the city as one of the top four global financial centres, in accordance with the Dubai Economic Agenda D33.
The discussions further emphasised Dubai’s pro-business policies, which continue to attract leading financial institutions and foster new international partnerships.
Additionally, the meeting explored potential avenues for expanding Mizuho Financial Group’s involvement in the region and opportunities for collaboration in crucial financial sectors, particularly those driven by emerging financial and digital technologies.
The participants also discussed Dubai’s expanding role as a key gateway for Japanese companies looking to expand their global presence, especially in the MEASA region.
The meeting was attended by Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Helal Almarri, Director General of the Dubai Department of Economy and Tourism (DET); Essa Kazim, Governor of DIFC; and Hesham Abdulla Al Qassim, Vice Chairman and Managing Director of Emirates NBD.
Mizuho Financial Group, based in Tokyo, offers a range of integrated financial and non-financial services, combining banking, securities, and asset management through its global network, which spans major international markets.
The Group serves a wide range of clients, including large corporations, financial institutions, public sector bodies, and individuals. As of December 31, 2024, Mizuho Financial Group reported total assets of approximately ¥285 trillion. The Group employed over 52,000 people as of 31st March 2024.
