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Dubai Financial Market Welcomes High Level Delegation Of Senators From The Republic Of Nigeria - The Visit Stemmed From Nigeria’s Enthusiasm To Replicate Dubai’s Success Story As An International Financial Hub

Date 03/06/2013

Dubai Financial Market (DFM) received a high level delegation of senators from The Republic of Nigeria, who met with Mr. Rashid Al Shamsi, Vice Chairman of DFM (PJSC) and other DFM senior officials. The visit aimed to explore areas of mutual cooperation.

Headed by Dr. David A.B. Mark, President of the Nigerian Senate, the delegates attended a presentation on market operations and development initiatives presented by Mr. Jamal Alkhadhar, Senior Vice President, Head of Human Resources and Strategic Planning Division in the presence of Mr. Hassan Al Serkal, Executive Vice President, Head of Operations, along with other DFM officials. The visit included a tour of DFM’s trading floor.

The Nigerian delegates expressed interest in exploring the possibility of benefiting from Dubai’s experiences as the African country is looking to replicate the emirate’s success story as a global financial center, and transform its financial sector into a key driver of growth.

Mr. Rashid Al Shamsi, Vice Chairman of DFM said: “DFM is delighted to welcome the visiting delegation. We are always keen to develop close relationships with other countries and contribute to their development and growth through sharing Dubai’s experiences and success in various sectors, with the financial sector at the forefront. The visit represented a great opportunity to update the delegation on the sound economic fundamentals in Dubai and the role of the emirate as a global financial hub and a gateway to the Middle East markets.”

“The key message we conveyed to the delegates was that success should stem from a clear vision and firmness and ability. Dubai has been blessed with the inspiring vision, capability and risk taking by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice President and Prime Minister and Ruler of Dubai, the driving force behind its successes and achievements”, Al Shamsi added.