|Photo: Pierre Gramegna / Twitter|
Hereditary Grand Duke Guillaume, accompanied by Hereditary Grand Duchess Stéphanie, is headed to the Middle East for a financial mission to the United Arab Emirates and Oman. Among the things on the agenda for their first day in Dubai was a Luxembourg for Finance seminar organised in cooperation with the Dubai International Financial Centre Authority. Topics covered at the event ranged from fund industry developments in the Gulf Co-operation Council (GCC) and Europe to wealth management solutions for GCC investors. During his speech at the event, the Hereditary Grand Duke noted that "there is a little piece of Luxembourg everywhere" referring to the Luxembourgish glass and steel used in the construction of the Burj Khalifa, the world's tallest building located in Dubai. In his opening remarks, he also pointed out that Luxembourg and the UAE have well-established economic and diplomatic relations.
Prior to the seminar, the Hereditary Grand Duke and Hereditary Grand Duchess also attended a FinTech session at the World Government Summit together with IMF managing director Christine Lagarde and Minister Gramegna . The aim of the mission to the UAE, led by the Minister of Finance Pierre Gramegna, is to promote the Luxembourg’s financial centre and to further strengthen the political and economic relations between the Grand Duchy and the United Arab Emirates.
For more pictures of the day, check out #lffdubai on Twitter.