Dubai: H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance, and President of the Dubai International Financial Centre (DIFC), today met with HSH Prince Max von und zu Liechtenstein, Chairman of the LGT Group. The meeting was convened at H.H. Sheikh Maktoum’s office in Nad Al Sheba.
According to Emirates News Agency, H.H. Sheikh Maktoum emphasized the UAE’s strategic focus on enhancing partnerships with global financial entities like LGT Group. This aligns with the leadership’s objectives to accelerate the financial industry’s growth, broaden investment opportunities, and further economic development.
The UAE’s robust global connectivity and investor-friendly environment continue to attract leading financial institutions worldwide. H.H. Sheikh Maktoum noted that the nation’s diversified economy and future-oriented policies are fostering significant growth opportunities for private banking services.
Dubai, as a prominent global financial hub, offers an energetic business environment, world-class infrastructure, and progressive regulations that support the sustainable growth of financial services companies. These benefits make the city an ideal base for private banking and asset management firms seeking to harness emerging opportunities in the region and beyond, as highlighted by H.H. Sheikh Maktoum.
The meeting included the presence of Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Helal Saeed Almarri, Director-General of the Dubai Department of Economy and Tourism; Essa Kazim, Governor of the Dubai International Financial Centre (DIFC); and Hesham Abdulla Al Qassim, Vice Chairman and Managing Director, EmiratesNBD.
The LGT Group, headquartered in Liechtenstein, is an international private banking and asset management firm owned by the Princely House of Liechtenstein for over eighty years. Operating in more than 30 locations worldwide with a workforce exceeding 5,800 people, the Group established its office in the Dubai International Financial Centre in February 2013. As of 30th June 2024, the company reported client assets under management amounting to CHF356 billion.
