H.H. 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, chaired a meeting to evaluate the committee’s future strategies and programmes.
He praised Dubai’s prominent position in the global economic landscape, attributing its success to the vision of H.H. Sheikh Mohammed bin Rashid Al Maktoum. He noted that sustained efforts to expand the economic and financial sectors reinforce Dubai’s status as a premier global hub offering an ideal business environment.
Sheikh Maktoum emphasised that the committee’s mission aligns with ongoing national initiatives aimed at raising the efficiency of economic and financial systems. Its role includes endorsing top-level policies, updating sector-specific laws, promoting transparency, stimulating market listings, and attracting investment in high-value, innovative sectors.
He described the committee as a vital driver for ushering in a new era of development, in line with Dubai’s ambitions for global economic leadership. With this in mind, Sheikh Maktoum called on members to introduce innovative mechanisms to boost Dubai’s global competitiveness and ensure continued excellence.
He added that the committee will present a comprehensive vision for financial sector development, including key initiatives for approval by H.H. Sheikh Mohammed bin Rashid Al Maktoum.
The committee comprises senior officials including Mohammad bin Abdullah Al Gergawi (Vice Chairman), Mohammad bin Hadi Al Husseini, Omar Sultan Al Olama, Helal Saeed Al Marri, and others, with Huda Sayed Naim AlHashimi serving as Secretary-General.
During the session, Sheikh Maktoum reviewed a strategic plan focused on strengthening Dubai’s asset and wealth management ecosystem, fostering startups and unicorns, enhancing banking and investment innovation, and accelerating fintech and digital asset integration.
He also instructed members to update regulations, reinforce governance, and advance digital infrastructure to elevate sector performance.
