News about UAE

Kristalina Georgieva, Managing Director of the IMF, expressed confidence that the UAE will deliver an exceptional hosting experience for the 2029 Annual Meetings of the World Bank Group and IMF in Abu Dhabi, citing its advanced infrastructure, strong economy and commitment to climate, water and social issues. Speaking at the signing ceremony in Bangkok, she said meetings held outside Washington always attract particular interest and that this year's meetings in Thailand had set new standards. Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini said the agreement turns the UAE leadership's vision into action and plans to integrate artificial intelligence into the meetings. World Bank Group President Ajay Banga looked forward to returning to Abu Dhabi after 26 years, while Central Bank of the UAE Governor Khaled Mohamed Balama said the event reinforces the country's role as a global financial hub.

The United Arab Emirates has concluded its participation in the 2026 Annual Meetings of the IMF and World Bank Group, held in Bangkok from 12 to 18 October, with a delegation led by Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini. The delegation took part in ministerial sessions, the G20 finance meeting and the IMFC plenary, met IMF Managing Director Kristalina Georgieva and World Bank Group President Ajay Banga, and held bilateral talks with several international financial institutions. The UAE stressed the need for broader strategic cooperation and modern financing tools to sustain development finance. Al Hussaini said sustained collective action is needed to safeguard global financial stability, energy security, supply chain stability and technological transformation.

The UAE concluded its participation in the 2026 Annual Meetings of the IMF and World Bank Group, held in Bangkok from 12 to 18 October, with a Ministry of Finance delegation led by Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini. The delegation attended ministerial sessions, including the G20 Finance Ministers and Central Bank Governors meeting, a MENAP meeting with IMF Managing Director Kristalina Georgieva, and a meeting of Arab governors with World Bank President Ajay Banga. Al Hussaini said the UAE aims to safeguard global financial stability, energy security, supply chain stability, and development financing. The UAE also hosted the 2026 UAE Banks Reception in Bangkok and held bilateral talks with counterparts from New Zealand, Switzerland, the Netherlands, and China, as well as the EBRD president.

The UAE has concluded its active participation in the 2026 Annual Meetings of the IMF and World Bank Group, held in Bangkok from 12 to 18 October. The Ministry of Finance delegation, led by Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini, joined ministerial sessions, the G20 and IMFC meetings, and bilateral talks with international institutions, including the EBRD. Al Hussaini said the UAE aims to deepen multilateral cooperation and use modern financing tools to support development, stressing energy security, supply chain stability and easing geopolitical tensions. The delegation also hosted the 2026 UAE Banks Reception on the sidelines.

The UAE has concluded its active participation in the 2026 Annual Meetings of the International Monetary Fund (IMF) and World Bank Group (WBG), held in Bangkok from 12 to 18 October. The Ministry of Finance delegation, led by Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini, joined ministerial sessions, plenary meetings including the G20 Finance Ministers and Central Bank Governors Meeting, and bilateral talks with official delegations and international financial institutions, including the EBRD. Al Hussaini said the UAE aims to support global economic resilience through deeper multilateral cooperation, safeguarding financial stability, energy security, supply chains and technological transformation. The UAE also hosted the 2026 UAE Banks Reception in Bangkok to strengthen ties between national banks and their regional and international counterparts.

The UAE has signed an agreement to host the 2029 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Abu Dhabi, signed at the conclusion of the 2026 meetings in Bangkok, Thailand. Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Central Bank of the UAE Governor Khaled Mohamed Balama signed for the UAE, while WBG President Ajay Banga and IMF Managing Director Kristalina Georgieva signed for the two institutions. UAE officials said the selection reflects international confidence in the country's financial system and its ability to host major international events. The UAE said it will continue coordinating with both institutions to prepare for the 2029 meetings.

The UAE signed an agreement to host the 2029 Annual Meetings of the World Bank Group and IMF in Abu Dhabi, at the conclusion of the 2026 meetings in Bangkok. The deal was signed by Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Central Bank of the UAE Governor Khaled Mohamed Balama, alongside World Bank President Ajay Banga and IMF Managing Director Kristalina Georgieva. Officials said the selection reflects international confidence in the UAE's financial system, infrastructure and ability to host major events, and will help promote financial stability, digital finance and sustainable development. The UAE pledged to coordinate with both institutions to prepare the facilities needed for the event.

The UAE has signed an agreement to host the 2029 Annual Meetings of the World Bank Group and the IMF in Abu Dhabi, at the close of the 2026 meetings in Bangkok. The deal was signed by Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Central Bank of the UAE Governor Khaled Mohamed Balama, with World Bank President Ajay Banga and IMF Managing Director Kristalina Georgieva also signing. UAE officials said the selection reflects international confidence in the country's financial system and infrastructure, and reinforces its role as a global financial hub. The UAE pledged to coordinate with both institutions to prepare the event, which it says will focus on financial stability, development finance and digital innovation.

The UAE has signed an agreement to host the 2029 Annual Meetings of the World Bank Group and the IMF in Abu Dhabi, signed at the close of the 2026 Annual Meetings in Bangkok, Thailand. Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Central Bank of the UAE Governor Khaled Mohamed Balama signed for the UAE, while WBG President Ajay Banga and IMF Managing Director Kristalina Georgieva signed for the institutions. UAE officials said the selection reflects international confidence in the country's financial system, infrastructure and ability to host major events, and reinforces its role as a global financial hub. They pledged to coordinate with both institutions so the meetings deliver substantive outcomes on development finance, financial stability and digital innovation.

The UAE has signed an agreement to host the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund in Abu Dhabi, concluding the 2026 meetings in Bangkok. Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini and Central Bank of the UAE Governor Khaled Mohamed Balama signed for the UAE, while World Bank Group President Ajay Banga and IMF Managing Director Kristalina Georgieva signed for the two institutions. Emirati officials said the selection reflects international confidence in the UAE's financial system, infrastructure and ability to host major events, and that the UAE will work with both institutions to prepare the meetings. The Central Bank said it will bring its expertise in financial stability, financial infrastructure and digital financial services to the global agenda.