Morocco: The UAE is set to take part in the Joint Annual Meeting of Arab Financial Institutions in Rabat, Morocco. The meeting aims to address the development challenges confronting the Arab region and discuss potential solutions.
Mr. Mohamed Bin Hadi Al Hussaini, Minister of State for Financial Affairs, will lead the UAE delegation, which will include His Excellency Khaled Mohammed Balama, Governor of the Central Bank of the UAE (CBUAE), His Excellency Younis Haji Al Khoori, Undersecretary of Ministry of Finance, and His Excellency Ibrahim Obaid Al Zaabi, CBUAE’s Assistant Governor of the Monetary Policy and Stability Department, along with a number of specialists from the Ministry and the CBUAE.
Mr. Al Hussaini emphasised the significance of these meetings in offering a vital platform for exchanging views and discussing the most prominent financial and economic topics and developments in the Arab region. The Minister stated that, “The UAE’s participation in the Joint Annual Meeting of Arab Financial Institutions comes within the country’s keenness to open channels of constructive dialogue with several Arab countries and to share expertise and successful experiences in the economic and financial fields. This is in addition to developing sustainable development plans and strategies to strengthen the Arab region’s position and boost Arab economies to build a better future for their peoples and future generations.”
Additionally, Mr. Al Hussaini and his accompanying delegation will participate in the annual meetings, which include the 52nd annual meeting of the Board of Governors of the Arab Fund for Economic and Social Development, the 46th annual meeting of the Arab Monetary Fund (AMF) Board of Governors, the 47th annual meeting of the Board of Governors of the Arab Bank for the Economic Development in Africa, the 50th meeting of the Shareholders’ Council of the Arab Investment and Export Credit Guarantee Corporation, the 47th annual meeting of the Board of Shareholders of the Arab Authority for Agricultural Investment and Development, and the 14th regular session of the Council of Arab Finance Ministers.
The Joint Annual Meeting of Arab Financial Institutions in Rabat, Morocco will bring together Arab Ministers of Finance and Economy, Arab Central Bank Governors, Heads of Arab financial institutions, as well as regional and international experts in the financial and economic sectors to discuss pressing issues faced by the Arab region.