In a significant step to enhance Dubai’s fiscal management and economic oversight, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, the Crown Prince of Dubai and Deputy Prime Minister of the UAE, has appointed Ahmad Ali Ahmad Meftah Al Marzouqi as the CEO of the Central Accounts Sector at Dubai’s Department of Finance. This decision, made through Executive Council Resolution No. (89) of 2024, underscores Dubai’s dedication to strengthening its economic leadership and operational excellence within the financial sector.
As the Chairman of The Executive Council of Dubai, Sheikh Hamdan’s choice to appoint Al Marzouqi is viewed as a strategic initiative aimed at enhancing Dubai’s economic resilience, supporting its financial frameworks, and improving the efficiency of its fiscal policies. Al Marzouqi is anticipated to play a crucial role in managing Dubai’s central accounts, which are vital for sustainable financial growth and effective resource allocation.
Key Responsibilities in a Transforming Economy
With Al Marzouqi at the helm, the Central Accounts Sector will prioritize improving transparency, and accuracy in financial reporting, and the integration of innovative technologies to optimize accounting practices. As Dubai aims to establish itself as a global financial hub, Al Marzouqi’s leadership will be essential in maintaining fiscal discipline, aligning with the Dubai Economic Agenda D33, and furthering the emirate’s vision for sustainable economic growth.
This strategic appointment reflects Sheikh Hamdan’s ongoing commitment to placing capable and visionary leaders in positions that ensure Dubai’s public finances are managed with integrity and a forward-thinking approach. Al Marzouqi’s extensive background in financial oversight and his deep understanding of Dubai’s economic landscape are expected to play a key role in enhancing the emirate’s status as a trusted international financial center.
