Sheikh Maktoum Meets Innovo Group Chairman to Explore Dubai Business Expansion

Meeting Overview

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, held a meeting with Lord Philip Hammond, Chairman of Innovo Group, a London‑based international construction and real estate development firm operating on four continents.

Discussion Points

The talks centred on ways for international companies to expand their presence in Dubai and launch projects that foster growth and innovation. Participants noted Dubai’s strengthening position as a hub for regional and global business activity, citing its links to worldwide markets, availability of specialised talent, and extensive financial and professional services sector.

Sheikh Maktoum bin Mohammed reiterated Dubai’s dedication to maintaining a competitive business environment that gives foreign investors confidence and supports long‑term growth. He stressed the need to deepen global partnerships and attract high‑value investments that advance economic diversification, innovation and the goals of the Dubai Economic Agenda, known as D33.

Attendees and Background

Lord Philip Hammond’s career in British politics includes service as a Member of Parliament from 1997 to 2019. Prior to that, he held the posts of Chancellor of the Exchequer (2016‑2019), Foreign Secretary (2014‑2016), Defence Secretary (2011‑2014) and Transport Secretary (2010‑2011).

Also present at the meeting were 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.