The discussions focused on how Dubai can further support the global investment major in enhancing its growth and investment in the UAE, the region and beyond
Maktoum bin Mohammed: Mohammed bin Rashid’s vision has made Dubai the world’s foremost hub for multinationals seeking to enter the region and grow their business “Dubai is committed to expanding cooperation with global investment leaders to shape a new future for the financial services sector”
In line with the vision and directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, Dubai continues to progress as the world’s foremost hub for multinationals seeking to enter the region and grow their business, said His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and
President of the Dubai International Financial Centre (DIFC).
HH Sheikh Maktoum bin Mohammed made these comments during his discussions at the DIFC with Bruce Flatt, the Chief Executive Officer of Brookfield Asset Management, one of the world’s largest alternative investment management companies with more than $750 billion of assets under management.
The discussions focused on how Dubai can further support the global investment major in enhancing its growth and investment in the UAE, the region and beyond. HH Sheikh Maktoum bin Mohammed said Dubai is keen to expand cooperation with global investment leaders like Brookfield to shape a new future for the financial services sector.
HH noted that Dubai was a pioneer in fostering innovative models for partnerships between public and private sectors to create new growth possibilities and unlock fresh investment opportunities. HH added that Dubai’s policy transparency and stability, its collaborative approach, and unparalleled access to international talent helped reinforce its position as a global hub for finance and investment.
His Highness reiterated Dubai’s commitment to supporting global companies in expanding their business by providing them with a world-class business-enabling ecosystem and a growth-friendly legislative framework.
The Brookfield CEO said during the meeting that Dubai’s state-of-the-art infrastructure, robust regulatory framework and business-friendly ecosystem provide the investment conglomerate with the ideal platform to serve its clients and tap new growth avenues across the region. The UAE, he said, represents one of Brookfield’s major growth markets across the world. He noted that Dubai was uniquely positioned to offer Brookfield the scale and flexibility it seeks to increase its global presence.
He added that Dubai was at the centre of one of the most critical regions for the world’s drive to transition to a sustainable energy future, a business area that Brookfield was keen on growing further. Brookfield is present in more than 30 countries and has made more than 2,000 investments globally. The diversified investment major operates across several sectors, including renewable power and transition, infrastructure, private equity, real estate, and credit and insurance solutions.
Also present during the meeting were His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; His Excellency Abdulla Al Basti, Secretary General of The Executive Council of Dubai; His Excellency Helal Saeed Almarri, Director-General of Dubai’s Department of Economy and Tourism; and His Excellency Essa Kazim, Governor of Dubai International Financial Centre.
