H.E. Waleed Saeed Abdul Salam Al Awadhi
CEO
The financial sector is instrumental in the UAE’s efforts to achieve economic prosperity and progress. This vital sector has long been a national priority due to its central role in driving sustainable development and paving the way for a bright and sustainable financial future, which aligns with national aspirations while also ensuring the happiness and welfare of stakeholders, the general public, and future generations.
Undoubtedly, the leadership’s wisdom, guidance, and insightful, forward-looking vision—coupled with its strong belief in the potential of the UAE people—have resulted in remarkable and unprecedented achievements across various economic sectors, most notably the capital market sector. These achievements have enhanced the business climate and positioned the UAE as an attractive destination for global investors, as acknowledged by international institutions.
The Securities and Commodities Authority (SCA) believes firmly in the leading role of financial markets in driving the UAE’s economic development. To this end, it has been making its best efforts to create a legislative environment that promotes business growth and attracts capital from across the region and around the world. It also aims to advance financial inclusion metrics and contribute effectively to realizing the ‘We The UAE 2031’ vision and the UAE’s sustainable development goals.
Achieving those objectives provides a strong impetus for the SCA to maintain its dedicated efforts to promote investments, enhance the business environment, foster innovation, and utilize AI applications and financial technology. These efforts align with its ambitious vision of establishing the UAE as a global capital hub while ensuring the implementation of the highest standards of integrity and transparency to safeguard the rights of investors in accordance with the best international practices and standards.
Effective leadership always necessitates successful integration among various state sectors and institutions, as well as fostering fruitful and collaborative partnerships with international organizations. Finally, the SCA believes that establishing trust-based relationships with all segments of society has been fundamental to success, enabling it to build on its past achievements and advance to the next phase of development to make the UAE’s capital markets at the forefront of the world’s markets.