|The Hereditary Grand Ducal Couple with Obaid Humaid Al Tayer (L) and Pierre|
Gramegna (R) / Source: Cour grand-ducale
Today, Hereditary Grand Duke Guillaume and Hereditary Grand Duchess Stéphanie were in Dubai for their ongoing visit to the Middle East. Luxembourg's Minister of Finance, Pierre Gramegna, has accompanied the hereditary grand ducal couple as part of a 60-person financial delegation to strengthen ties between Luxembourg and Islamic banking institutions.
They were received by Sheikh Hamdan bin Rashid Al Maktoum, who is the Deputy Ruler of Dubai and the Minister of Finance for the United Arab Emirates. Additionally, they met with Obaid Humaid Al Tayer, the UAE Minister of State for Financial Affairs.
The day's events included a seminar entitled "Dubai and Luxembourg: Partnering to Bring you Global Opportunities" which was organized jointly by Luxembourg for Finance and Dubai International Finance Centre. Among the purposes of the seminar is presenting Luxembourg as a leading center for Islamic finance in Europe, as well as discussing evolving financial technologies.
The next stop for the Luxembourg financial delegation is Qatar, on March 4th and 5th.