Khalid Bin Mohammed Explores Collaboration Opportunities with State Street

His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Executive Council of Abu Dhabi, met with Ronald O’Hanley, Chairman and CEO of State Street Corporation, a firm specializing in financial asset management and investment advisory services.

During the meeting, they discussed avenues for collaboration and the development of strategic partnerships between organizations in Abu Dhabi and State Street. The aim is to enhance the exchange of expertise and utilize innovative solutions in asset management and banking services, thereby supporting the efforts to establish Abu Dhabi as a leading global financial hub characterized by efficiency, sustainability, and investment attractiveness.

About State Street

State Street is the second oldest bank in the United States, established in 1792. The company currently manages financial assets exceeding $5 trillion and has a significant global presence covering more than 100 financial markets around the world.

Also present at the meeting were Ahmed Jassim Al Zaabi, Chairman of the Department of Economic Development – Abu Dhabi, and Saif Saeed Ghobash, Secretary-General of the Executive Council of Abu Dhabi and Head of the Crown Prince’s Office.

WAM

Sheikh Khaled bin Mohamed during a meeting with Mike Sicilia

Collaboration with Oracle

Additionally, His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan met with Mike Sicilia, Co-CEO of Oracle, a global leader in information technology and database solutions.

During this meeting, they explored opportunities for joint collaboration as part of Abu Dhabi’s digital transformation efforts. They discussed building an economy driven by innovation through investments in cutting-edge technologies, including cloud computing and artificial intelligence, and strengthening partnerships with the private sector to enable digital transformation in key sectors of the emirate.

A statement was issued in attendance by Ahmed Tamim Al-Khateeb, Head of the Government Empowerment Department, and Saif Saeed Ghobash, Secretary-General of the Executive Council of Abu Dhabi and Head of the Crown Prince’s Office.

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