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Maktoum bin Mohammed Holds Strategic Meeting with Carlyle Group Co-Founder and Co-Chairman

Photo : Dubai Government Media Office

His Highness 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 (DIFC), met today with David M. Rubenstein, Co-Founder and Co-Chairman of The Carlyle Group, one of the world's largest private investment firms.

During the meeting at his office, Sheikh Maktoum bin Mohammed reaffirmed the UAE’s commitment to enhancing partnerships with leading global private investment firms like The Carlyle Group. This initiative aligns with the UAE's broader vision to accelerate the growth of its financial services sector and the overall national economy. He emphasized the UAE's innovative public-private partnership model, which continually unlocks new investment opportunities and drives economic growth.

His Highness also highlighted Dubai's dedication to supporting global companies by providing a world-class business-enabling ecosystem and a legislative framework conducive to sustainable growth. He noted that Dubai's strategic advantages, infrastructure strengths, collaborative ethos, and access to international markets and talent have made it a leading global hub for investment and enterprise. The emirate's growth trajectory has created exceptional opportunities for private investment across various sectors.

David M. Rubenstein praised the UAE’s remarkable transformation into a leading global and regional financial and business hub. He expressed The Carlyle Group's enthusiasm for expanding its presence in the region and exploring new opportunities in emerging markets.

The meeting was attended by His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; His Excellency Essa Kazim, Governor of the Dubai International Financial Centre (DIFC); and Amit Kaushal, Group Chief Executive Officer of Dubai Holding. Also in attendance from The Carlyle Group were Harvey M. Schwartz, Chief Executive Officer, and Ani Khatri, Managing Director, Partner, and Senior Relationship Manager overseeing Investor Relations in the Middle East, Turkey, and Central Asia.

The Carlyle Group, managing $425 billion in assets worldwide across private equity, credit, and investment solutions, operates 28 offices on four continents with a team of over 2,200 professionals. The group established its presence in the Dubai International Financial Centre (DIFC) in 2006.

June 9, 2024 10:20 a.m. 170

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