Dubai: Shaikh Maktoum Bin Mohammad Bin Rashid Al Maktoum, Deputy Ruler of Dubai, Monday received Guo Shuqing, Chairman of China Construction Bank (CCB).
Shaikh Maktoum welcomed Guo Shuqing and an accompanying delegation, pointing out that the visit will usher in a new era of relations between the banking sectors of both countries.
Shaikh Maktoum commended China's rise on the global economic scene, stressing that the UAE in general, and Dubai in particular, look forward to furthering economic and financial cooperation with China, which is the UAE's second largest trading partner.
Shaikh Maktoum exchanged views with Guo on the overall economic and financial conditions, as well as regional and international efforts to restore confidence in the financial markets and banking sector, which have begun to recover and restore the world's economy recovery.
Guo expressed his interest in establishing a CCB branch in the UAE, indicating that the bank would begin operational procedures for the opening of a regional branch in the Dubai International Financial Centre (DIFC), particularly given the existence of a large number of Chinese companies operating in the UAE.
The meeting was attended by Mohammad Ebrahim Al Shaibani, Director of the Ruler of Dubai's Office, Ahmad Humaid Al Tayer, Governor of the DIFC, and Gao Yuchen, Chinese Consul General in Dubai.
