Dubai:H.H. 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 (DIFC), recently met with Bernard Mensah, President of International at Bank of America, a leading global financial institution.

According to Emirates News Agency, the meeting underscored the UAE's evolving status as a global financial hub and Dubai's strategic role in bridging international businesses with opportunities in regional and global markets. The discussions centered on potential collaborations in areas such as corporate and investment banking, wealth and asset management, and trade finance, while also considering the impact of new financial technologies and digital solutions in enhancing financial services.

H.H. Sheikh Maktoum bin Mohammed reiterated Dubai's dedication to strengthening its financial ecosystem, enhancing investor confidence, and creating new opportunities for international financial institutions. He highlighted the significance of global partnerships in the development of capital markets, advancing financing solutions, and connecting businesses with investment and growth opportunities.

Bank of America operates as one of the world's foremost financial institutions, offering a wide array of services including banking, investment, and asset management to various clients across more than 35 countries. Its operations are extensive, with total assets amounting to approximately $3.4 trillion by the end of 2025.

The meeting was also attended by key figures such as Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Essa Kazim, Governor of the DIFC; Hesham Al Qassim, CEO and Vice Chairman of Wasl Asset Management Group; and Fadel Al Ali, Chairman of the Dubai Financial Services Authority (DFSA).