H.H. Sheikh Maktoum to oversee Dubai financial markets

@DXBMediaOffice/ Twitter

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, has appointed His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, to oversee the development of local securities exchanges in Dubai.

Sheikh Maktoum will help create strategic plans to develop financial markets and further cement Dubaï's status as one of the world's most important financial hubs.

Sheikh Mohammed stressed the importance of taking advantage of local and international opportunities and providing an appropriate business environment to establish Dubai as the capital of financial markets.

More from Business

Coming Up on Dubai Eye

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Flying Taxis

    It sounds like an episode of The Jetsons, but the sight of flying taxis whizzing around our cities could be much closer than you think.

  • Tough penalties for deliberate tax evasion

    The UAE has said that tougher penalties will come into force from 1st August for not keeping proper corporate tax records.