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Sheikh Maktoum bin Mohammed Holds Talks with Innovo Group Chairman Lord Philip Hammond

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE and President of the Dubai International Financial Centre, met with Lord Philip Hammond, Chairman of London‑based Innovo Group, to discuss ways for international firms to grow their operations in Dubai and back projects that drive growth and innovation.

Sheikh Maktoum bin Mohammed Holds Talks with Innovo Group Chairman Lord Philip Hammond

Meeting Overview

The talks centred on opportunities for foreign companies to expand in Dubai and develop initiatives that support economic growth and innovation. Sheikh Maktoum bin Mohammed reaffirmed Dubai’s commitment to building a competitive business environment that lets international investors operate with confidence and aim for long‑term growth.

Dubai’s Business Appeal

Discussions highlighted the emirate’s rising role as a hub for regional and global business, pointing to its links with world markets, access to specialised talent and a deep pool of financial and professional services. The senior official also stressed the need to strengthen global partnerships and attract high‑value investments that advance economic diversification, innovation and the goals of the Dubai Economic Agenda, D33.

Attendees and Background

The meeting was attended by Helal Saeed Almarri, Director General of the Dubai Department of Economy and Tourism; Eng. Marwan Ahmed bin Ghalita, Director General of Dubai Municipality; Omar Bu Shahab, Director General of the Dubai Land Department; and Dr. Amer Sharif, Chief Executive Officer of Dubai Health. Lord Philip Hammond has had a distinguished career in British politics, serving as a Member of Parliament from 1997 to 2019, as Chancellor of the Exchequer from 2016 to 2019, Foreign Secretary from 2014 to 2016, Defence Secretary from 2011 to 2014 and Transport Secretary from 2010 to 2011. He leads Innovo Group, an international construction and real estate development firm headquartered in London with operations across four continents.

Picture credit: Dubai Media Office

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