In the presence of HH Sheikh Ahmed bin Saeed Al Maktoum and HE Obaid Humaid Al Tayer, HE Essa Kazim, Governor of DIFC, welcomes IMF Managing Director, Christine Lagarde

IMF head gains insight into growth opportunities in Dubai’s financial services sector in her maiden visit to the Centre

Dubai-UAE: 24 February, 2016 – His Excellency Essa Kazim, Governor of Dubai International Financial Centre (DIFC), today welcomed Christine Lagarde, Managing Director of the International Monetary Fund (IMF), His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Supreme Fiscal Committee, and His Excellency Obaid Humaid Al Tayer, Minister of State for Financial Affairs to the DIFC.

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.

His Excellency Essa Kazim, Governor of Dubai International Financial Centre, said: “We are honoured to welcome Christine Lagarde, one of the most influential financial leaders of our time to the 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, the DIFC is fully committed to developing the emirate’s financial services sector as a core component to realising the goals of Dubai Plan 2021.”