Abu Dhabi Crown Prince and BlackRock CEO discuss investment opportunities

Image credit: WAM

Abu Dhabi’s Crown Prince and Chairman of the Abu Dhabi Executive Council, Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, recently held a high-level meeting with Larry Fink, Chairman and CEO of BlackRock, one of the world’s leading asset management companies, as per state news agency WAM.

Their discussions focused on the array of opportunities available for global investors and international companies within the United Arab Emirates (UAE).

Opportunities for BlackRock in UAE

Sheikh Khaled underscored Abu Dhabi’s business-friendly environment, which is particularly conducive to companies operating in renewable energy and innovative technological solutions.

This ecosystem aims to expedite the growth of a knowledge-based economy and promote sustainable economic development in priority sectors.

The meeting also delved into the various facilities, incentives, and the flexible yet robust regulatory framework provided by Abu Dhabi.

These factors are instrumental in attracting global corporations to establish their presence in the emirate, facilitating their expansion into the Middle East and North Africa (MENA) region.

Sheikh Khaled meets JP Morgan’s Jamie Dimon

Sheikh Khaled also met with JP Morgan Chase Chairman and CEO Jamie Dimon in Abu Dhabi.

During the meeting, the two sides discussed areas of mutual cooperation in the banking sector, as well as investment opportunities offered by the UAE and Abu Dhabi to international companies.

The crown prince highlighted the key milestones achieved in diversifying the economy, building a business-friendly legislative ecosystem, and laying the foundations for a knowledge-based and innovative economy that have contributed to strengthening the UAE’s position as a leading global investment destination.

Also attending the meeting were Khaldoon Khalifa Al Mubarak, Chairman of the Executive Affairs Authority and Managing Director and Group CEO of Mubadala Investment Company; Ahmed Jasem Al Zaabi, Chairman of the Abu Dhabi Department of Economic Development; Saif Saeed Ghobash, Secretary-General of the Abu Dhabi Executive Council; and Waleed Al Mokarrab Al Muhairi, Deputy Group CEO of Mubadala Investment Company.