His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum meets with CEO of Credit AgricolePress Release 30 Jan 2014 08:54 am
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai and President of Dubai International Financial Centre (DIFC), welcomed Jean Paul Chifflet, Chief Executive Officer of Credit Agricole, during a meeting with high level representatives of of Credit Agricole which is based in the DIFC.
During the meeting, His Highness reiterated the government's commitment to attract investments to the region and the significant role the Centre has played in contributing to UAE’s economy. His Highness Sheikh Maktoum praised the steps taken by DIFC to drive the vision of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, to establish Dubai as a world-class financial centre. Credit Agricole is one of many international firms choosing DIFC, the pre-eminent financial centre for the region, as a regional base due to its secured legal and regulatory infrastructures providing a safe and secure business environment.
Jean Paul Chifflet, Chief Executive Officer of Credit Agricole, commented:
“Credit Agricole has a long track record in the region that goes back for over 60 years. Two years ago, we decided to move our regional operations to the UAE. We believe that this step has further strengthened our positioning in the region.
We are committed to invest and grow our business in Dubai and to play a vital role in financing key sectors such as aviation, infrastructure and utilities and contribute to the domestic economy
Islamic finance has always been a key focus for our business, and in line with Highness Sheikh Mohammed bin Rashid Al Maktoum’s strategy to position Dubai as an Islamic finance centre, we take pride in supporting this initiative and have a dedicated team based in the Dubai office.”