Latest news with #MaktoumBinMohammed
Zawya
28-07-2025
- Business
- Zawya
DIFC records best ever performance for the first half of a year
Maktoum bin Mohammed: The unprecedented results achieved by DIFC reflect Mohammed bin Rashid's vision to position Dubai at the forefront of the world's most advanced financial centres 'Dubai has entered a new and greater phase of growth, and these results highlight the competitiveness, attractiveness, and global confidence it enjoys' 'We believe the future holds even greater opportunities, and we will continue to strengthen DIFC's capabilities and its ecosystems that foster innovation, agility, and business growth' Essa Kazim: DIFC is a key driver of Dubai's economic growth through its pivotal role in diversifying the financial services sector Arif Amiri: The outstanding performance reflects the strength of DIFC's integrated ecosystem supporting the financial industry 1,081 new active registered companies join DIFC in the first half of 2025, marking a 32% increase from the same period in 2024 Total number of active registered companies rise to 7,700, reflecting an annual growth rate of 25% Total number of financial services authorisations grows by 28% year-on-year. Hedge funds see remarkable growth of 72% since June 2024, rising to 85 funds, further solidifying DIFC's position as the region's largest hub for the sector Number of companies in the AI, fintech, and innovation sectors reach 1,388, a 28% year-on-year increase, reinforcing DIFC's status as a global leader in financial innovation Government of Dubai Media Office: Dubai International Financial Centre (DIFC), the leading global financial centre in the Middle East, Africa and South Asia (MEASA), today announced its best-ever performance for the first half of a year, reinforcing its pivotal role in driving the future of finance and contributing to the Dubai Economic Agenda D33. In the first six months of 2025, DIFC saw a record number of new firms establishing operations in the Centre, bringing the total number of active registered companies to 7,700, up from 6,153 in H1 2024 - a 25% year-on-year increase. 1,081 new active registered companies joined DIFC between January and June 2025, a 32% increase on the same period in 2024. The number of professionals working in DIFC rose to 47,901, marking a significant 9% increase from 43,787 a year earlier. His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC said: 'The unprecedented results that DIFC continues to achieve across all fronts are a direct reflection of the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai - a vision focused on positioning Dubai at the forefront of the world's most advanced financial centres. Dubai has entered a new and greater phase of growth, and these results highlight the competitiveness, attractiveness, and global confidence it enjoys. We firmly believe the future holds even more opportunities, and we will continue to strengthen DIFC's capabilities and its ecosystems that foster innovation, agility, and business growth.' A global leader in financial services Driven by DIFC's strategic initiatives and unmatched scale in the region across all sectors, Dubai has been categorised as one of only eight cities globally to possess 'broad and deep' capabilities across all parts of the finance industry in the Global Financial Centres Index (GFCI), standing alongside cities like London, New York, and Paris. Dubai is currently the sole centre in the Middle East, Africa and South Asia to be listed among the top GFCI ranked financial cities globally in several sectors: FinTech (5th), professional services (6th), investment management (8th), infrastructure (9th) and business environment (10th). DIFC continues to advance its position as the region's largest regulated financial services ecosystem. A total of 980 entities are now regulated by the DFSA, the independent regulator for business undertaken from or within DIFC, up 17% year-on-year from 2024. Total Financial services authorisations grew 28% year-on-year, reaching 78 in H1 2025 compared to 61 in H1 2024. DIFC's banking and capital markets cluster is unrivalled in the region, and growth aligns with the demand for broad and deep financial services capabilities to support the region's economic development aspirations. A total of 289 companies operate in this sector, up from 247 a year ago, a substantial 17% growth rate. Dubai is home to the highest concentration of private wealth in any Middle Eastern city, according to Henley & Partners. This has supported growth in DIFC's wealth and asset management cluster, which is the biggest in the region. The number of firms in the sector increased to 440, up from 370 in H1 2024, growing 19% year-on-year. The Centre is now home to more than 85 hedge funds, soaring 72% over the last 12 months and includes 69 billion-dollar funds. Over 10,000 funds are being managed or marketed from DIFC. DIFC's approach to supporting family businesses, including providing access to alternative investments through its wealth and asset management clients, and structures to support growth, continues to ensure the Centre is their preferred location. The number of entities associated with family businesses operating in DIFC has risen to 1,035, up from 600 a year ago, marking a 73% increase. The number of foundations in DIFC have accelerated to 842, up from 548 in H1 2024, a 54% year-on-year increase. The insurance and reinsurance sector also experienced robust growth, with 135 related firms now operating in the ecosystem, increasing 8% from 125 in H1 2024. During the first half of 2025, it was announced that Gross written premiums reached USD 3.5bn for 2024, compared to USD 2.6bn a year earlier – a significant 35% increase. New entrants to DIFC's expanding client base during H1 2025 include ABK Capital, Avaloq, Baron Capital, Bluecrest Capital, Bridge Investment Group, Cambridge Associates, China International Capital Corporation, dLocal, Manulife, National Bank of Kuwait, Pearl Diver Capital, PIMCO, RV Capital, Silver Point Capital, Tourmaline, TransAmerica Life Bermuda, Welwing Capital Management and many others. H.E. Essa Kazim, Governor of DIFC said: 'DIFC remains the driving force behind Dubai's economic growth, as a key enabler of the financial services sector's expansion and diversification. Our consistent performance across all key sectors and rising global standing are evidence of our commitment to supporting innovation, attracting global capital, and reinforcing Dubai's status as one of the world's most competitive and diversified economies.' Arif Amiri, Chief Executive Officer of DIFC Authority commented: 'In the first half of 2025, DIFC has exceeded expectations across every metric. Our strong performance demonstrates the power of our ecosystem, the scale of our platform, and the depth of expertise we bring to the industry. We remain committed to transforming the future of finance from Dubai and advancing our position as the region's number one global financial centre.' A global leader in AI, FinTech and innovation DIFC's innovation ecosystem continued to attract a growing number of technology-led firms. The number of FinTech and Innovation companies reached 1,388, up from 1,081 in H1 2024 a surge of 28%, securing Dubai's position a one of the world's top five hubs for FinTech in the latest Global Financial Centres Index. During H1 2025, this contributed to an overall 28% growth in total active non-financial entities, increasing to 6,335, up from 4,935 a year earlier. The Centre's flagship events, the Dubai AI Festival and Dubai FinTech Summit, collectively attracted over 20,000 participants from 120+ countries. During these events and in support of DIFC's innovation agenda, the Dubai AI Academy was launched, and Dubai Future Finance Week was announced. Being held in May 2026, the week will bring together six major events, including the FinTech Summit, Future Sustainability Forum, and the Dubai Future District Fund AGM. Having launched Ignyte at the end of 2024, a growth platform targeting 100,000 founders, start-ups, and investors subscribers have already redeemed benefits exceeding AED 182mn. This reflects Ignyte's real economic benefit and demonstrates how the platform is an enabler for growth. A global hub for talent Supporting the objectives of Dubai's Education Strategy 2033 and the Dubai Economic Agenda D33, the DIFC Academy has become a preferred choice for world-class universities. Amongst DIFC's partners, renowned universities including American University of Cairo, ESCP Business School, ESSEC Business School, Georgetown University, London Business School, Pantheon Assas University and SKEMA Business School offer 12 masters degree programmes. Through 32 active partners, 46,103 learners have completed programmes at the DIFC Academy since inception, including 4,947 during H1 2025 – the highest ever number in a six month period. To drive long-term impact, DIFC has launched the '1 Million Learners' initiative with the support of 30 founding partners, under the Sustainable Finance Catalyst, which aims to equip one million individuals with sustainability knowledge by 2030. The initiative builds on the demand for sustainability related training at the DIFC Academy which has delivered 6,075 hours of related learning in H1 2025, taking the total programming to 22,241 hours from 42 courses. A global leader in legislation, regulation and governance DIFC's legal and regulatory frameworks continued to evolve to keep pace with global developments. DIFC's legal framework features bespoke, best-in-class legislation, developed from leading international sources and standards to most effectively meet the needs of an international financial centre. This is complemented by a robust system of DIFC common law, with its substantial body of developed jurisprudence. This combination delivers an optimal balance of legal certainty, commercial flexibility, and judicial sophistication - positioning DIFC as the jurisdiction of choice for businesses across the region and globally. During the first half of 2025, the Centre proposed to enact new Variable Capital Company Regulations. The proposed regulations seek to significantly enhance investment structuring and asset management options for proprietary investment in DIFC. Additionally, legal updates were proposed through the DIFC Laws Amendment Law, including refinements to the Law of Security, Insolvency Law and Employment Law, ensuring alignment with international standards. In a milestone achievement underscoring Dubai's growing influence in global governance, DIFC was selected to host the upcoming Global Privacy Assembly 2026, the premier global forum for data protection and privacy authorities. A global leader in real estate and urban development DIFC's real estate portfolio continues to support Dubai's urban development ambitions. Inventory that was provided to the market for the recently launched DIFC Heights, sold out in three days, underscoring strong demand for premium living in the financial district. Over 1.6mn sq. ft. of commercial space is currently under development and construction being accelerated to meet demand. The new space will be ready for occupancy starting from Q1 next year. DIFC also launched a new data platform enabling third-party access to real estate information, aligning with the Dubai Real Estate Strategy 2033.
Zawya
26-06-2025
- Business
- Zawya
UAE among elite global economies with strong & stable sovereign ratings from the top three international credit rating agencies
The UAE is among the few countries worldwide with strong credit ratings from all three major international rating agencies Maktoum bin Mohammed: Confirmation of the strong sovereign rating reflects the strength of the UAE economy and the sustainability of its fiscal policies The UAE's strong ratings are the result of an integrated economic vision and effective government action Economic diversification and fiscal discipline reinforce international institutional confidence in the country Abu Dhabi - United Arab Emirates: The United Arab Emirates (UAE) Ministry of Finance announced that the world's top three credit rating agencies – Fitch Ratings (Fitch), S&P Global (S&P), and Moody's Investors Service (Moody's) – have assigned sovereign credit rating for the United Arab Emirates. This step reflects the continued international confidence in the strength of the UAE economy and the sustainability of its fiscal policies. S&P announced, on 17 June 2025, that it assigned the UAE's sovereign rating at 'AA' with a stable outlook. Moody's, in its annual review for 2025, affirmed the rating at 'Aa2' with a stable outlook. Fitch also affirmed the UAE's rating at 'AA-' with a stable outlook on 24 June 2025. This consensus by all three major global credit rating agencies highlights the UAE's advanced fiscal standing and strengthens its position among the few countries globally with strong sovereign credit ratings from all three top agencies. Integrated Government Performance On this occasion, His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance, said: 'The affirmation of the UAE's strong sovereign rating by the world's top three international credit rating agencies, and their consensus on a stable outlook, reflects the deep-rooted international confidence in the resilience of our national economy and the efficiency of our fiscal policies. This is the result of a comprehensive economic vision led by His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE (may God protect him), and closely followed by His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai (may God preserve him).' His Highness affirmed that the UAE continues to implement economic policies grounded in diversification, transparency, and fiscal discipline, with a strong focus on increasing non-oil revenues and achieving financial sustainability. This reflects the integrated performance of government entities and long-term strategic planning, which continue to reinforce the UAE's position as a flexible and credible global economic hub. He added: 'At the Ministry of Finance, we remain committed to working closely with all government entities to enhance the efficiency of resource management, develop productive sectors, and improve the country's investment appeal. The development of the sovereign yield curve for the dirham was a major milestone in enhancing market transparency, providing investors with a reliable benchmark for pricing dirham-denominated debt instruments. This strengthens the UAE's presence on the global economic map and reinforces its ability to confidently navigate regional and international changes and challenges — by expanding the investor base and enhancing the country's reputation as a reliable and attractive destination in global capital markets.' Sustainable Growth The ratings confirm the UAE's ability to diversify and boost non-oil revenues, maintain sound fiscal discipline, manage risks effectively, and uphold prudent fiscal policies. All of these factors have contributed positively to economic stability and sustained growth across various sectors. S&P's report reflects the agency's assessment of the UAE's strong financial position, in addition to the strength of the government's consolidated sovereign assets. The agency expects that regional geopolitical tensions will, overall, have a limited impact on the UAE, given the country's large sovereign wealth and track record of internal stability. Moody's report highlights the UAE government's continued efforts to expand and diversify non-oil revenue sources, support the development of non-oil sectors, and enhance the country's appeal to foreign investors and skilled talent. Despite persistent geopolitical tensions in the region, the UAE's effective policy frameworks help mitigate these challenges through advancing economic diversification. Fitch's report noted the elevated geopolitical risks in the region, while affirming the UAE's strong ability to withstand short-term disruptions, supported by its substantial fiscal and external buffers. This achievement is yet another testament to the UAE's continued success in striking a balance between fiscal stability and economic growth. It further reinforces international investor confidence and affirms the UAE's status as a secure and stable destination for business and investment.
Arabian Business
25-05-2025
- Business
- Arabian Business
Dubai announces workplace rules for government employees under new committee system
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum has issued Decision No. (4) of 2025 approving operational procedures for the Central Violations Committee and the Grievances Committee under the Financial Audit Authority in Dubai. The First Deputy Ruler of Dubai, Deputy Prime Minister, and Minister of Finance of the UAE issued the decision in his capacity as Chairman of the Financial Audit Authority. The operational procedures apply to employees and senior officials, including CEOs and those in higher executive positions of entities within the Authority's purview, the Dubai Media Office said in a statement. Maktoum bin Mohammed issues a Decision approving the operational procedures for the Central Violations Committee and the Grievances Committee under the Financial Audit Authority in Dubai. The Decision ensures that disciplinary penalties are fair and proportionate to the offence,… — Dubai Media Office (@DXBMediaOffice) May 25, 2025 Dubai establishes operational procedures for financial violations and grievances committees The Decision ensures disciplinary penalties are proportionate to offences through objective and impartial procedures designed to protect employee rights and reinforce accountability. The measures seek to protect public funds and ensure employees comply with workplace regulations whilst offering them the right to appeal decisions affecting their legal status or job conditions. The framework promotes fairness, job satisfaction, and stability in work environments across covered entities. The Decision stipulates who can serve on the Central Violations Committee, its responsibilities, and procedures for addressing financial and administrative violations. Clear criteria for disciplinary penalties ensure investigations remain objective and allow employees to provide written statements in their defence. Dubai stops double punishment for workplace mistakes The regulations prohibit multiple penalties for the same offence and require penalties to be proportionate to violation severity. All disciplinary action must be justifiable and limited to penalties allowed by law. The Decision outlines the scope and powers of the Grievances Committee and establishes a 15 working day deadline for employees to submit grievances from the date they receive notification of contested decisions. Grievances submitted after this period will be considered invalid. Compliance requirements Both employees and entities concerned must comply with Grievances Committee rulings. Entities must enforce rulings and inform the Financial Audit Authority once implementation is complete. The Decision requires both committees to maintain confidentiality of all sessions, discussions, records, and information. Disclosures are permitted only with approval from the Director General of the Financial Audit Authority and when serving the public interest. Dubai authority to provide help for new workplace committees The Financial Audit Authority will provide administrative and technical support to both committees to help fulfil their designated legal duties. This support operates pursuant to provisions of Law No. (4) of 2018, under which the Authority was established, and the newly promulgated Decision. The measures apply to all entities falling within the Financial Audit Authority's jurisdiction in Dubai.
Emirates 24/7
14-05-2025
- Business
- Emirates 24/7
Maktoum bin Mohammed meets with Minister of Finance of Luxembourg
H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, today met with Gilles Roth, Minister of Finance of Luxembourg. The meeting took place at the offices of the Investment Corporation of Dubai (ICD) in One Za'abeel. The meeting discussed ways to strengthen cooperation between the UAE and Luxembourg, particularly in the fields of finance, trade, innovation, education and emerging technologies. The two sides noted the strong alignment between both countries' strategic priorities in developing resilient and future-ready economies and financial ecosystems. Discussions focused on advancing bilateral ties through enhanced cross-border investment, digital finance linkages, and fintech collaboration. The UAE's advanced financial infrastructure, progressive regulatory environment, and world-class business-enabling services were highlighted as key strengths that make it an ideal platform for Luxembourg-based firms seeking regional and global expansion. The UAE's emergence as a strategic gateway to international markets for international financial institutions was also underscored. The meeting reviewed existing bilateral frameworks and initiatives aimed at deepening financial sector cooperation. Opportunities for collaboration in sustainable finance and financial innovation were explored, building on the growing momentum of engagement between leading institutions in both countries. Discussions also covered avenues to strengthen institutional ties between sovereign wealth funds and financial centres in the UAE and Luxembourg. The meeting was attended by H.H. Sheikh Ahmed bin Saeed Al Maktoum, President of the Dubai Civil Aviation Authority, Chairman of Dubai Airports, and Chairman and Chief Executive of Emirates Airline and Group; Reem bint Ebrahim Al Hashimy, Minister of State for International Cooperation; Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Mohammed Ibrahim Al Shaibani, Director General of His Highness The Dubai Ruler's Court, and Managing Director of the Investment Corporation of Dubai; and Essa Kazim, Governor of the Dubai International Financial Centre (DIFC). Follow Emirates 24|7 on Google News.
Emirates 24/7
12-05-2025
- Business
- Emirates 24/7
Dubai FinTech Summit brings together global industry stalwarts, innovators and policymakers
- Under the patronage of Maktoum bin Mohammed, Dubai FinTech Summit brings together global industry stalwarts, innovators and policymakers Ahmed bin Saeed attends opening of third edition of Summit, which has drawn more than 1,000 investors, 300 speakers, and 200 exhibitors, besides participants from 120 countries Event highlights distinguishing factors in UAE's rise as a global financial powerhouse and hub for FinTech innovation Under the patronage of His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the DIFC, the Dubai FinTech Summit kicked off its 3rd edition today with global industry leaders, innovators, and policymakers deliberating on the latest trends and insights driving the FinTech sector. His Highness Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation Authority (DCAA), Chairman of Dubai Airports and the Chairman and Chief Executive Officer of Emirates Airline and Group, witnessed the opening of the two-day event, which highlights the UAE's global stature as a leading financial centre and hub for FinTech innovation, thanks to its flexible and attractive business environment, advanced legislation, and world-class digital infrastructure. Organised by the Dubai International Financial Centre (DIFC) under the theme 'FinTech for All,' the Summit commenced at Madinat Jumeirah, Dubai, with over 9,000 participants from 120 countries in attendance, alongside more than 1,000 investors, over 300 speakers and 200 exhibitors. His Highness Sheikh Ahmed later toured the exhibition being held as part of the Summit, where he was apprised about strategic initiatives that Dubai and DIFC have been driving to elevate the emirate's status as a leading global financial centre. Dedicated pavilions Dedicated start-up and country pavilions in the exhibition arena showcase cutting-edge solutions from emerging and established players. Additionally, the FinTech World Cup is providing promising FinTech start-ups a global platform to showcase their solutions to investors, venture capitalists, and strategic partners, and an opportunity for investors to identify the next big idea. Organised by DIFC as a global platform for the world's FinTech community, the Dubai FinTech Summit aligns with the Dubai Economic Agenda D33 and the DIFC's strategic goal of propelling Dubai to be a top-four global financial centre by 2033. The Summit facilitates the sharing of insights, strategic announcements, global collaborations, and the showcasing of groundbreaking innovations, all at once. A global platform During his opening remarks at the Summit, His Excellency Essa Kazim, Governor of DIFC, announced the Dubai Future Finance Week, which will premiere in 2026. An initiative led by DIFC, it will encompass events such as the Dubai FinTech Summit, Future Sustainability Forum, Private Capital Forum, Seamless Middle East, HODL Summit, and Dubai Future District Fund Annual General Meeting. 'The week-long event will be held under the theme, 'Pioneering tomorrow's financial landscape: Innovation, sustainability, and global connectivity' and is set to attract over 40,000 of the brightest, most influential minds to shape the future of the financial world,' His Excellency said. 'The launch of the Dubai Future Finance Week is part of DIFC's commitment to leading Dubai's future in both finance and innovation. This new global platform will further cement Dubai's position as the region's leading global financial centre. 'Since the launch of the Dubai FinTech Summit, DIFC has made significant strides up the Global Financial Centres Index - particularly in the FinTech category, where Dubai is now ranked among the top five global centres. This recognition underscores DIFC's role as a catalyst for innovation and highlights the strength of our thriving ecosystem, one that nurtures emerging technologies and empowers forward-thinking entrepreneurs.' Profound influence Dubai's influence as a global hub for FinTech continues to grow as evidenced by DIFC, with over 100 related partnerships and agreements with leading organisations across the world. DIFC-based start-ups have also raised over $4 billion in funding locally, regionally and globally. During the last decade, DIFC has attracted 1,304 AI, FinTech and innovation companies to establish a presence in Dubai. These companies operate out of 63 countries, reflecting the immense confidence placed by the international FinTech industry in the proposition developed by DIFC. Advanced ecosystem Arif Amiri, Chief Executive Officer of DIFC Authority commented: 'Dubai's intention to be the global capital of financial innovation is clear and we continue to attract start-ups, growth stage firms and unicorns at unprecedented rates because what we have done allows them to thrive.' Amiri continued: 'DIFC has built one of the most advanced financial ecosystems in the world. Dubai is not just shaping the FinTech landscape in the region. We have become a global launchpad for firms to test ideas, introduce technologies that disrupt, and policies that inspire.' The Future of Finance report At the Summit, DIFC unveiled 'The Future of Finance' report, the Centre's first-ever report that links AI and FinTech. Developed with the involvement of industry experts and clients, the report highlights AI's transformative impact on finance and innovation. It also offers bold insights on how the new market entrants and FinTech disruptors are challenging traditional banking models as digital connectivity expands globally, leading to a more dynamic and inclusive financial ecosystem. The report also highlights key opportunities for financial services firms, including expanding into high-growth markets through digital solutions like mobile banking and alternative lending, fostering collaboration with FinTech disruptors to develop hybrid products, and adopting cloud computing for agility and efficiency. Prioritising AI integration, strengthening cybersecurity, and upskilling workers in emerging technologies are also crucial. Discussion panels Dubai FinTech Summit offers a high-level platform for discussion panels and dialogue, allowing participants to share valuable insights on FinTech's key themes and future trends. Such sessions will be joined by prominent dignitaries including Her Highness Sheikha Shamma bint Sultan bin Khalifa Al Nahyan, President and Chief Executive Officer, UAE Independent Climate Change Accelerators (UICCA); Her Excellency Dr. Amna bint Abdullah Al Dahak, Minister of Climate Change and Environment, UAE; and His Excellency Essa Kazim, Governor of DIFC. Notable speakers Prominent speakers on Day 1 of the Summit include Reid Hoffman, Co-Founder of LinkedIn, Inflection AI and Manas AI and Partner at Greylock, LinkedIn, Inflection AI and Manas AI; Matthew Koder, President, Global Corporate and Investment Banking, Bank of America; HE Caroline D. Pham, Acting Chairperson, US Commodity Futures Trading Commission; HE Jean-Claude Kassi Brou, Governor, Central Bank of West African States (BCEAO); Raman Bhatia, Group Chief Executive Officer, Starling Bank; Lori Schwartz, Global Head of Treasury Services, J.P. Morgan Payments; Dawn Miller, Chief Executive Officer, Lloyd's Americas; Diana Guzmán, Chair of the Prudence Foundation and Chief Sustainability Officer, Prudential PLC; and K. Rajaraman, Chairperson, International Financial Services Centres Authority (IFSCA). Speaking at Day 2 are John Schindler, Secretary General, Financial Stability Board; Sundararaman Ramamurthy, Managing Director and Chief Executive Officer, Bombay Stock Exchange; Eun-bo Jeong, Chairman and Chief Executive Officer, Korea Exchange (KRX); HE Hadi Badri, Chief Executive Officer, Dubai Economic Development Corporation; Arif Amiri, Chief Executive Officer, DIFC Authority; Ashok Vaswani, Managing Director and Chief Executive Officer, Kotak Mahindra Bank; and Saker Nusseibeh, Chief Executive Officer, Federated Hermes Limited. Follow Emirates 24|7 on Google News.
