Latest / DEWA Podcasts / HE Saeed Al Tayer explores strategic collaboration with deputy chairman of Rothschild
Transcript
- 0:00Welcome to today's briefing. We're examining
- 0:02a highly significant meeting. Yeah. It really
- 0:08bridges the gap between massive utility infrastructure
- 0:12and global finance. That's right. His Excellency
- 0:17Saeed Mohammed Altair, the MD and CEO of Dubai
- 0:21Electricity and Water Authority. Hmm. He met
- 0:25Sir John Rose, Deputy Chairman of Rothschild
- 0:28& Co., Sir John was accompanied by Saeed al -Awar.
- 0:32Right. He's the partner and head of Rothschild
- 0:36Middle East. It was a substantial gathering of
- 0:39leadership. The meeting was attended by senior
- 0:42Diwa officials. Wow. This included Waleed bin
- 0:46Salman, Executive Vice President of Business
- 0:48Development and Excellence. Okay. And also Marwan
- 0:52bin Haidar, Executive Vice President of Innovation
- 0:55and the Future. The boardroom agenda was incredibly
- 0:59focused. Discussions centered on how to scale
- 1:02world -class, capital -intensive businesses.
- 1:06In these businesses, you know, reliability, operational
- 1:10excellence, and long -term planning are absolutely
- 1:14essential. Which is no small feat. Financing
- 1:18these long -cycle infrastructure projects requires
- 1:20serious capital. Yeah. The meeting also covered
- 1:24innovative financing structures for these exact
- 1:27types of projects. Hmm. They discussed international
- 1:30expansion strategies relevant to regional utilities.
- 1:34Wow. They also looked at practical pathways for
- 1:37Diwa to unlock additional value from global growth
- 1:40opportunities. The strategic intent here is very
- 1:44clear, and the official release captures this
- 1:47vision perfectly. To state it exactly as outlined...
- 1:50Okay. Altair... underscore Diwa's forward -looking
- 1:55agenda as it continues to explore partnerships
- 1:57and apply best practices. Right. These practices
- 2:01enhance resilience, strengthen value creation,
- 2:05and support its long -term strategic objectives.
- 2:08Hmm. This applies both within the UAE and on
- 2:11the international stage. It's an important step,
- 2:14and context is everything here. The meeting comes
- 2:18amid continued growth in Dubai's financial ecosystem.
- 2:22Yeah. We are seeing several international capital
- 2:25and advisory firms, including Rothschild. Right.
- 2:28They are establishing or expanding their presence
- 2:31in recent years. Now, here's a question we'd
- 2:34like you to think about. Hmm. As megacities continue
- 2:38to grow, how will the increasingly close partnerships
- 2:41between regional utility providers and global
- 2:44financial institutions evolve? Wow. Will they
- 2:48reshape the way we fund the cities of tomorrow?