Dubai’s Department of Economy and Tourism has signed a formal agreement with Deutsche Bank to channel the German lender’s international client base toward investment and relocation opportunities in the emirate.
Under the arrangement, Deutsche Bank will use its private banking, corporate, and investment banking networks to identify clients weighing geographic diversification, business expansion, or capital allocation decisions. DET will then work with those clients directly, handling setup facilitation, government stakeholder access, and residency pathways.
The target audience spans ultra-high-net-worth individuals, family offices, entrepreneurs, corporates, and family-owned businesses. Deutsche Bank will anchor a Wealth and Family Office Forum in Dubai as a flagship engagement event, and will host DET at international roadshows, roundtables, and client conferences. DET will in turn bring inbound Deutsche Bank client delegations to Dubai for exposure to the local investment ecosystem.
“Dubai’s continued ability to attract global investors, entrepreneurs, family offices, and corporates reflects the strength of its leadership, the resilience of its economy and the clarity of its long-term vision. In an environment where investors and businesses are increasingly seeking platforms that combine stability with global connectivity, Dubai continues to strengthen its position as a preferred destination for international business and investment. Our partnership with Deutsche Bank enhances our ability to engage priority investors across international markets and support the conversion of interest into tangible investment outcomes. By combining DET’s facilitation capabilities with Deutsche Bank’s global client network, we are creating clearer pathways for businesses and investors to establish and expand from Dubai. As global dynamics continue to evolve, we remain focused on enabling sustainable growth and reinforcing Dubai’s position as a trusted platform for international business and investment in line with the Dubai Economic Agenda D33,” Hadi Badri, CEO of the Dubai Economic Development Corporation (DEDC), the economic development arm of DET said in a statement.
“At Deutsche Bank, through our Global Hausbank strategy, we are focused on serving clients across their full spectrum of needs, leveraging our global network, deep client relationships, and integrated capabilities across wealth, corporate, and investment banking. Our longer-term vision is to become the European champion in banking, and a trusted partner connecting clients to opportunities across key international markets. This partnership with DET reflects our deep dedication to supporting our clients’ long-term ambitions, while reinforcing our role as a bridge between Europe and dynamic global hubs such as Dubai. By combining our international reach with Dubai’s strong fundamentals and global connectivity, we are well placed to support clients in accessing growth opportunities and expanding their global footprint,” Salman Mahdi, Global Vice Chairman of the Private Bank, Deutsche Bank added.
DET cited Dubai’s five consecutive years as the world’s top destination for Greenfield FDI projects as context for the agreement. The partnership also feeds into the Dubai Economic Agenda D33, which targets a doubling of the emirate’s economy.
