Mohammed appoints new DIFC Governor

In the capacity of his role as Ruler of Dubai, UAE Vice-President and Prime Minister, His Highness Sheikh Mohammed bin Rashid Al Maktoum, has issued a decree appointing Essa Abdulfattah Kazim as Governor of the Dubai International Financial Centre (DIFC).

Essa Kazim will be succeeding Abdullah Mohammed Saleh who will continue to serve as a member of the DIFC Board of Directors. The decree will be effective with effect from January 1, 2014.

His Highness Sheikh Mohammed praised the dedication and efficiency of Abdullah Saleh in serving his country throughout his tenure as DIFC Governor, during which he played a pivotal part in emphasizing the leading role of Dubai as an international hub for the financial services industry.

Sheikh Mohammed also highlighted Abdullah Saleh’s professional role in supporting the banking sector in the UAE for over five decades.

The appointment of a new governor for the DIFC is in line with the development march of Dubai, which seeks to pump new blood into various sectors to attain ongoing growth. Such steps make way for new national competencies that possess professional experience to help drive the advancement of the UAE and reinforce its position as a leader for development in the region.

Sheikh Mohammed receives CEO of Pritzakir Organisation

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, received on Sunday evening at Burj Al Arab in Dubai, Thomas Pritzakir, President and Chief Executive Officer of Pritzakir Organisation, Chief Executive Officer of Hyatt Hotels Corporations and President and founder of North America and Western Asia Holding, based in Dubai.

Sheikh Mohammed exchanged views on the regional and international economic and financial situation, focusing on the investment sector, which is seeing growth in areas of real assets, tourism and infrastructure.

Pritzakir praised the resilience of Dubai, which weathered the storm of the global financial crisis, thanks to the wise visions of Sheikh Mohammed, noting that the foreign investments in Dubai are flowering, especially in the sectors of real estates and tourism. He cited that the UAE in general and Dubai in particular have become the focal points of tourism.

He said his company set up at Jebel Ali, will operate Iraqi Basra Port from the Dubai Logistics, referring to unprecedented facilitations provided by the government of Dubai in general and Jebel Ali port in particular.

On his part, Sheikh Mohammed welcomed the North America and Western Asia Holding and international investors who come to Dubai to set secure and successful businesses, adding that the UAE remains an oasis of peace, security and stability, thanks to the tolerance among various cultures.

The meeting was attended by Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority and Chairman of Emirates Group, Hisham Al Qasimi, CEO of Dubai Real Estate Corporation, Khalifa Saeed Suleiman, Director of the Department of Protocol and Hospitality in Dubai and Helal Saeed Al Marri, CEO of the Dubai World Trade Centre and Director-General of the Dubai Tourism and Commercial Marketing.
 

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