DIFC holds board meeting chaired by deputy ruler of Dubai

DIFC holds board meeting chaired by deputy ruler of Dubai | Courtesy of Shutterstock

Deputy Ruler of Dubai and Dubai International Financial Center (DIFC) President Maktoum bin Mohammed recently chaired an official meeting of the higher board of directors of the DIFC, the financial hub for the Middle East, Africa and south Asia. 

Senior board members attending the event included Abdul Al Ghurair, vice chairman of the higher board; Essa Kazim; Abdullah Ghobash; Hussain Al Qemzi; Abdulfattah Sharaf; David Eldon; Saeb Eigner; and Justice Michael Hwang. 

During the meeting, the board reviewed reports from DIFC’s entities, including the DIFC Authority, Dubai Financial Services Authority and Dispute Resolution Authority. It also looked at real estate development in the center. Board members discussed DIFC achievements for the first half of 2016 and talked about upcoming projects. 

“In 2015, DIFC demonstrated significant growth in the number of companies and professionals based in the Center,” Kazim said. “Over the last six months, we have continued on this growth trajectory and are well positioned to build on our success. The Dubai International Financial Center is committed to providing an ideal platform for institutions and international companies to consolidate their presence in the region, while offering regional companies access to global markets.”

Organizations in this story

Dubai International Financial Center Sheikh Zayed Road P. O. Box: 74777 Dubai - UAE

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