US EditionAbu Dhabi to Host 2029 IMF and World Bank Meetings
- On Friday, the International Monetary Fund and the World Bank Group announced Abu Dhabi, capital of the United Arab Emirates, will host their 2029 annual meetings, boosting the Gulf state's role as a global financial hub.
- The board of governors of the two institutions voted to select Abu Dhabi for the 2029 gathering. Hosting aligns with the United Arab Emirates' strategic vision of strengthening international partnerships, Sheikh Maktoum, the finance minister, said.
- Historically, the International Monetary Fund and World Bank hold meetings for two years in Washington, with the third year in a member country. The United Arab Emirates last hosted the event in 2003, in Dubai.
- The meetings bring together central bankers, finance ministers, and private sector leaders to discuss global economic issues. "We are committed to providing an ideal environment that leads to tangible outcomes supporting sustainable development," Sheikh Maktoum said.
12 Articles
12 Articles
IMF and World Bank Announce 2029 Annual Meetings in Abu Dhabi
The IMF and World Bank have announced that their 2029 annual meetings will be held in Abu Dhabi, following a decision by the governors of both institutions. These meetings gather key financial leaders to address global economic issues. The last such meeting in the UAE was in Dubai, 2003.
Maktoum bin Mohammed: The UAE's selection of hosting World Bank and IMF meetings embodies the world's confidence in the UAE
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, said that the UAE's choice to host the World Bank Group and the International Monetary Fund (IMF) Annual Meetings 2029 embodies the world's confidence and the UAE's pivotal role in contributing to achieving international financial stability."We congratulate the UAE leadership on the selection of the UAE to h…
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