In a major step towards shaping the future of the UAE’s economy, His Highness Sheikh Ahmed bin Saeed Al Maktoum chaired the first official meeting of the Supreme Committee for the development of the financial sector in Dubai. This high-level gathering marked the beginning of a strategic journey that aims to take the city’s financial services to the next level, both regionally and globally.
Held in Dubai, the meeting included top government officials, leading figures from the private sector, and experts from the financial industry. Their goal was simple but powerful: to boost the city’s role as a global financial hub, create strong foundations for future investment, and support the growing economy of the UAE.
A New Chapter for Dubai’s Financial Future
The Supreme Committee was formed as part of a larger plan under the Dubai Economic Agenda D33. This long-term strategy aims to double the size of Dubai’s economy by 2033 and make it one of the top three global cities. With the financial sector playing a central role in this vision, the committee has been given a vital task — to steer growth in a smart, steady, and sustainable way.
During the meeting, Sheikh Ahmed stressed the importance of keeping Dubai competitive on the world stage. He highlighted that with the right leadership, strong partnerships, and clear goals, Dubai can grow into a major destination for banks, investment firms, and fintech companies from around the globe.
He also emphasised the importance of creating a financial system that supports all parts of society — from small businesses to large institutions, from local startups to global corporations.
Key Members in Attendance
The meeting brought together top decision-makers from different parts of the financial world. His Excellency Essa Kazim, Governor of the Dubai International Financial Centre (DIFC), was present, along with His Excellency Helal Saeed Al Marri, Director General of Dubai’s Department of Economy and Tourism.
Also attending were His Excellency Abdulaziz Al Ghurair, Chairman of the UAE Banks Federation, and His Excellency Mohammad Bin Hadi Al Hussaini, Minister of State for Financial Affairs. Their combined experience and knowledge added weight to the meeting and ensured that different parts of the financial ecosystem were represented.
These members shared their views on how to improve Dubai’s financial policies, support innovation, and open new doors for growth.
A Focus on Innovation and Global Competitiveness
One of the key themes discussed during the meeting was innovation. The UAE has already taken big steps in becoming a tech-savvy nation, and the financial sector is expected to follow suit. By promoting digital transformation, embracing fintech, and encouraging smart regulations, Dubai hopes to stay ahead of the curve.
The committee discussed plans to improve customer experiences in financial services and ensure that the sector becomes more efficient and more secure. There was also a focus on the importance of attracting top talent from around the world to strengthen the country’s financial capabilities.
With international players looking to invest and expand in the region, creating a welcoming environment is essential. The committee agreed on the importance of introducing clear rules and making it easier for companies to operate within Dubai’s financial zone.
Building Confidence and Trust
Another key part of the meeting focused on building public trust in financial systems. Committee members agreed that confidence is the foundation of any successful financial sector. Whether it’s banks, insurance firms, or investment platforms, users must feel secure.
That means creating systems that are transparent, fair, and resilient — even in times of global economic uncertainty. With this in mind, the committee looked at ways to improve financial literacy, build strong consumer protections, and ensure ethical practices in all corners of the market.
Sheikh Ahmed stated that these values are not just important for building investor confidence, but also essential for long-term economic stability. The UAE wants to lead by example, showing the world that a strong economy can also be a fair and inclusive one.
Looking Ahead: What’s Next?
The meeting ended with a clear call to action. Members agreed to start working on detailed plans that will guide the financial sector’s growth over the next decade. These plans will be aligned with Dubai’s D33 agenda and will aim to support the UAE’s vision of becoming one of the world’s most advanced economies.
Working groups will now be formed to tackle different parts of the strategy — from technology and regulations to sustainability and education. These groups will include government bodies, financial institutions, and private-sector partners, all working hand in hand.
The committee will meet regularly to review progress and make adjustments as needed. Their goal is not just to follow trends, but to set them — making Dubai a trendsetter in global finance.
A Message of Confidence
This first meeting of the Supreme Committee is more than just a discussion — it’s a powerful message. It tells investors, businesses, and residents that Dubai is serious about its future. It shows that the city is prepared to invest in itself, make bold decisions, and welcome ideas that will shape the next generation.
As Sheikh Ahmed bin Saeed Al Maktoum put it, “Our vision is clear. We want Dubai to be the world’s financial capital, and we are ready to do the work it takes to get there.”
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