Mohammed meets Chairman of Standard Chartered Bank

Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum received on Monday at Zabeel Palace Sir John Peace, Chairman of Standard Chartered Bank.

The meeting, which took place in the attendance of Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, discussed a broad range of economic, financial and investment issues in relevant to the bank's operations in the UAE.

Sheikh Mohammed welcomed the convening of the bank's board meeting in Dubai for the first time, a move he said would boost confidence of international financial firms in the UAE, in general, and Dubai, in particular.

He said concerned authorities in Dubai would provide every possible assistance to attract companies that ''find in our country the attractive, fertile ground for their investment''.

Sir Peace thanked Sheikh Mohammed and Dubai government for the assistance and facilities they provide to the bank.