DIFC Board Urged to Improve Efficiency

Shaikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and Chairman of the Board of Directors of the Dubai International Financial Centre (DIFC), presided over the DIFC board meeting on Wednesday.

The maiden board meeting, attended by all members, discussed a number of issues related to the organisational matters and duties of the three authorities which fall under the umbrella of the supreme council of the DIFC — Dubai Financial Services Authority, DIFC Authority and Courts Authority.

Shaikh Maktoum hailed the efforts of the members in the new set up and called to improve the work of the centre.

He stressed the need to ensure higher professionalism to attract more international financial companies and investors. He wished the board of directors of the supreme council a success in implementing the relevant plans of the centre in upgrading the performance of its powers and management, as well as reaffirm its role in supporting and activating the national economy, provide the facilities and logistic support for global companies as part of its international standard laws and rules.