Mohammed assigns Maktoum Bin Mohammed to oversee development of securities exchanges in Dubai

Gulf Today, Staff Reporter

His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, has assigned His Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, to supervise financial markets and stock exchanges in Dubai.

Sheikh Maktoum is also assigned to to oversee the comprehensive development ofhe financial markets and stock exchanges in the emirate, to meet the requirements of the current stage, and consolidate the leading position occupied by Dubai as one of the most important and active financial markets at the regional and global levels during the past decades.

Sheikh Mohammed stressed the importance of taking advantage of local and global opportunities in the financial markets, and providing a business environment, to establish Dubai as the capital of markets and stock exchanges.

This is based on the advantages offered by the Emirate of Dubai and the UAE to investors and entrepreneurs, starting with advanced logistical and infrastructure, a flexible legislative framework, in addition to a promising local market that includes a large group of international companies and financial institutions.

Sheikh Mohammed added that the UAE offers unlimited opportunities in various sectors, stressing the ability of the financial markets and stock exchanges in Dubai to take advantage of these opportunities and changes due to its long experience over the past decades, which enables it to deal with various conditions and variables optimally.