Post by : Badri Ariffin

Dubai — His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, Minister of Defence, and Chairman of The Executive Council of Dubai, convened with the senior leadership team of Dubai’s Department of Finance to evaluate the financial strategy for the upcoming decade.

The dialogue focused on the pivotal role of specialized financial teams in realizing the Dubai Plan 2033, which aspires to place Dubai among the world’s top three urban economies and enhance its status as a leading city for quality of living. The discussions emphasized the government’s financial robustness and effectiveness as foundational assets in reaching these long-term goals.

During the meeting, His Highness reiterated the significance of investing in governmental talent to ensure Dubai's readiness for the future. He stressed that cultivating second-line leaders and equipping them with advanced skills will ensure continued adaptability and creativity within the government. Enhancing internal capabilities, he argued, facilitates swift and precise delivery of major development initiatives.

The Crown Prince also pointed to the essentiality of leveraging cutting-edge financial tools and strategic methodologies to stay aligned with global economic trends. Topics included ongoing projects such as data-driven policy formulation, adaptable regulatory frameworks to foster new prospects, increased deployment of advanced fintech solutions, and continual alignment with global financial benchmarks.

Dubai’s recent accolade—topping the forward-looking category in the Global Financial Centres Index—was recognized as reflecting the dedication across the financial landscape. As noted by officials at the meeting, the Department of Finance will persist in refining its frameworks to promote sustainable growth and uphold Dubai’s competitive advantages.

The gathering concluded with a unified commitment to enhance collaboration among teams, ensuring that Dubai's financial ecosystem remains agile, equipped for the future, and capable of supporting its ambitious aspirations for 2033.

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