Maktoum bin Mohammed meets Standard Chartered Group CEO to discuss future of global financial sector

Dubai: His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of the Dubai International Financial Centre (DIFC), met today with Bill Winters, Group Chief Executive of leading international banking group Standard Chartered. The meeting, held at His Highness’s office, discussed key global developments shaping the future of the international banking and financial sector, as well as emerging opportunities that can be harnessed through greater integration across global markets. His Highness reaffirmed the UAE’s commitment to strengthening its partnership with the global financial sector by providing key enablers, including a flexible, advanced regulatory framework and world-class digital and physical infrastructure. These factors create significant opportunities for financial institutions to expand their international operations from the UAE. His Highness also expressed his appreciation for Standard Chartered’s longstanding association with the UAE’s banking sector, with its presence in the country dating back to 1958. The discussions also explored Standard Chartered’s vision for the future of the financial sector at both regional and global levels. Drawing on nearly 170 years of banking heritage and global expertise, the Group’s extensive international network spans Asia, Africa, the Middle East, Europe and the Americas, providing sophisticated cross-border services in investment, trade and wealth management. The meeting also highlighted the strong growth of Dubai’s financial sector, of which DIFC is a key pillar, with a particular focus on innovation. As of July 2026, the number of companies specialising in artificial intelligence, financial technology and innovation had reached 1,933, representing annual growth of 39%. The discussions further addressed Dubai’s ambitious strategic objectives for the financial sector, as outlined in the Dubai Economic Agenda, D33, particularly its goal of becoming one of the world’s top four financial centres by 2033. For his part, Bill Winters expressed pride in Standard Chartered’s longstanding association with the UAE, spanning several decades. He highlighted Dubai’s leading role as one of the most prominent financial centres regionally and globally, reflected in the Group’s early decision to establish its regional headquarters in Dubai. He said Standard Chartered looks forward to strengthening the partnership while exploring new avenues for cooperation that support strategic objectives for mutual advancement. The meeting was attended by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; His Excellency Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism; His Excellency Essa Kazim, Governor of the Dubai International Financial Centre (DIFC); and His Excellency Mohammad Ali Rashed Lootah, President and CEO of Dubai Chambers. Standard Chartered Group operates across 55 markets. The Group reported operating income of $20.94 billion for the year ended 31 December 2025. Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.