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Dubai / WAM
Essa Kazim, Governor of Dubai International Financial Centre (DIFC) on Wednesday welcomed Christine Lagarde, Managing Director of the International Monetary Fund, IMF, in the presence of Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Fiscal Committee, and ObaidHumaid Al Tayer, Minister of State for Financial Affairs.
During her first visit to the DIFC, Lagarde met with senior officials at the global financial hub and discussed the importance of the financial services sector as a crucial component in the growth and diversification of the UAE’s non-oil economy.
The IMF head attended a presentation that highlighted DIFC’s value proposition and its enabling yet robust regulatory environment, in addition to showcasing the unique dynamics of Dubai’s financial services industry.
Essa Kazim, said, “We are honoured to welcome Christine Lagarde, one of the most influential financial leaders of our time, to DIFC. The visit comes at a point when the UAE has set in motion a new phase of development to move ‘beyond petrol’. In line with this objective, DIFC is fully committed to developing the emirate’s financial services sector as a core component to realising the goals of Dubai Plan 2021.”