Dubai: Sheikh Maktoum meets MGM Resorts CEO Paul Salem as major projects under development
Sheikh Maktoum, the first deputy Ruler of Dubai, met with the Chairman of the Board of MGM Resorts International, Paul Salem, on Thursday.
During the meeting, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE, outlined the UAE's strategic vision to further raise its status as a top-ranked global tourism and hospitality hub, building on the country's profile as a unique destination for world-class travel, leisure, and cultural experiences.
The leader highlighted that Dubai's infrastructure, business-enabling policies and regulations, combined with its global reputation in the industry continue to attract the world's leading hospitality brands.
He said the emirate is keen to deepen partnerships with global players like MGM Resorts to advance the Dubai Economic Agenda D33, which aims to position Dubai as a premier global hub for business and leisure, and one of the world's best cities to visit, live, and work.
The two also touched on MGM Resorts' projects in the UAE, which the Ruler said signal strong international confidence in the city's long-term growth prospects and investment attractiveness.
The MGM Resorts operates 31 premier hotel and gaming destinations worldwide. In 2024, the company reported record consolidated net revenues of $17.2 billion. The group is currently developing a series of major projects in the UAE.
The meeting was attended by Hesham Al Qassim, CEO, Wasl Asset Management Group and several senior officials of the group.
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