Sheikh Maktoum Discusses Luxury Retail Growth with Cartier CEO

May 8, 2026

50 min

May 8, 2026 14:30

Maktoum bin Mohammed meets with CEO of Cartier

## Meeting Highlights

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister, recently met with Louis Ferla, CEO of Cartier, to explore opportunities in the UAE's luxury retail sector. The discussions emphasized Dubai's ambition to enhance its status as a global hub for luxury brands.

## Focus Areas

The meeting highlighted Dubai's business-friendly environment and its collaborative approach with the private sector to foster economic growth. Sheikh Maktoum underscored the emirate's infrastructure and tourism ecosystem, which are pivotal in attracting international luxury brands.

## Key Discussions

The talks also covered innovation, design, and evolving consumer trends in the luxury market. The significance of integrated retail experiences was noted as a growing trend in the sector.

## Attendees

The meeting included key figures such as Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, Helal Saeed Almarri, Director General of Dubai Department of Economy and Tourism, and Hala Badri, Director General of Dubai Culture and Arts Authority.

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