Dubai Leader Meets Bank of America Official to Discuss Financial Collaboration
Meeting Between Dubai Leader and Bank of America Official
Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister, Minister of Finance and President of the Dubai International Financial Centre, met with Bernard Mensah, President of International at Bank of America, in Dubai.
Discussion on Financial Cooperation and Technology
The meeting underscored the UAE’s rising stature as a global financial centre and highlighted Dubai’s function in linking international firms with opportunities across regional and worldwide markets.
Participants examined prospects for collaboration in corporate and investment banking, wealth and asset management, and trade finance, as well as the impact of emerging financial technologies and digital solutions on enhancing financial services.
Commitment to Strengthening Dubai’s Financial Ecosystem
Sheikh Maktoum reiterated Dubai’s dedication to bolstering its financial ecosystem, boosting investor confidence and generating fresh avenues for international financial institutions.
He stressed that global partnerships are vital for developing capital markets, advancing financing solutions and connecting businesses with investment and growth prospects.
Attendees and Overview of Bank of America
Bank of America is recognised as one of the world’s leading financial institutions, offering banking, investment, asset management and related services to individuals, businesses, corporations and governments.
Its operations extend across the United States, its territories and more than 35 countries and jurisdictions worldwide.
The group stands as a global leader in wealth management, corporate and investment banking, and trading across a broad range of asset classes.
At the close of 2025, its total assets amounted to roughly $3.4 trillion.
Also present at the meeting were Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Essa Kazim, Governor of the Dubai International Financial Centre; Hesham Al Qassim, Chief Executive Officer and Vice Chairman of Wasl Asset Management Group; and Fadel Al Ali, Chairman of the Dubai Financial Services Authority.
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