Dubai PR Network, Online Press Release from Dubai and Middle East
 
Government Sector(Government, Legal & Humanity)
Filter PR by
  

HE Mohamed bin Hadi Al Hussaini meets World Bank's Country Director for GCC countries

 
HE Mohamed bin Hadi Al Hussaini meets World Bank's Country Director for GCC countries

Dubai-UAE. 11 September 2023 – His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, met with Safaa El Tayeb El-Kogali, the World Bank's Country Director for the GCC countries, accompanied by Iva Hamel, the World Bank Representative in the UAE. 
His Excellency welcomed the Country Director, expressing the UAE's appreciation for the World Bank's mission, strategic goals and global development work, and praising the efforts of the World Bank's employees, especially in the region.


His Excellency and El-Kogali discussed cooperation between the UAE and the World Bank Group based on a firm, strategic and sustainable partnership, also addressing the potential for expanding partnerships on a regional and global level.
The discussions were in line with the directives and vision of the UAE’s leadership, the strategic framework of the bank, as well as its objectives and priorities, which include improving the investment climate, strengthening policies and institutions, sharing knowledge, technical support and advisory services in the field of public debt and asset management, and developing innovative solutions for financial products.

The delegations also discussed how the World Bank can support the UAE in achieving its strategic visions, strengthening the UAE's position as a global hub for climate tech innovation, and accelerating progress towards the goals of the Paris Agreement. They also addressed the role of financing in climate action, highlighting the importance of the World Bank's strategic partnership with COP28, which the UAE will host in November.
The COP Presidency's action plan focuses on four pillars, including accelerating an orderly, responsible and just energy transition, developing climate financing mechanisms, improving lives and livelihoods, and ensuring inclusion. These pillars are designed to help produce tangible and effective results at COP28 in support of the goals of the Paris Agreement.


Ms. El-Kogali praised the World Government Summit 2024, which the UAE will host under the theme of 'Shaping Future Governments'. The summit will focus on developing tools, policies and models to shape future governments.
HE Al Hussaini also spoke about enhancing cooperation to fully leverage the World Bank's programs that are designed to support the development of national capabilities, especially considering the UAE considers human capital to be the main engine for its national development. The country regards education as a strategic priority for the development of national talent and youth.


At the end of the meeting, the delegations discussed cooperation plans and future activities of the World Bank Group’s office in the UAE. They noted the UAE’s economic diversification efforts and work to enhance competitiveness as well as ease of doing business to increase the agility of the economy and create an attractive environment for local, regional and global investors. Such an environment bolsters investor confidence in the UAE's economic policies and attracts talent and foreign direct investment.

 


Posted by : DubaiPRNetwork.com Editorial Team
Viewed 6248 times
PR Category : Government, Legal & Humanity
Posted on : Monday, September 11, 2023  4:33:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Federal Geographic Information Center Launches the Union Atl...
Next Story : MoHAP Calls on Pharmaceutical Facilities to Use Online Licen...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
World's First Sheglam Store in the Middle East [30988-Views]
Dubai Jewellery Group Dazzles with Unprecedented Offers at the Dubai Shopping Festival [16609-Views]
Kia Unveils its All-New K3 for the first time in the Middle East at Riyadh Motor Show 2023 [8721-Views]
Formula E's GEN4 Suppliers Confirmed, To Debut in Season 13 [6293-Views]
Dubai's Charitable Preloved Clothes Chain Thrift For Good Pledges 100% of Profits To Emerg... [4969-Views]
Delight in unforgettable Festive Season at Grand Millennium Al Wahda in the Centre of Abu... [4912-Views]
Dubai Airports Celebrates UAE 52nd Union Day and Embraces the Year of Sustainability [4518-Views]
Fouquet's Dubai Launches “Pardon My Brunch” [4260-Views]
Dubai Free Zones Council Enhances the Attraction of National Talent and Streamlining the I... [4112-Views]
Redefining Excellence: India International School, Sharjah, Leaves a mark in History with ... [4100-Views]
niluu the Vegan Silkwear Brand Celebrates the Animal Kingdom with Elegant Print [3899-Views]
BlackBerry Quarterly Global Threat Intelligence Report Shows 70 Percent Increase in Novel ... [3862-Views]
Theyab Bin Mohamed Bin Zayed Witnesses Signing of Strategic Partnership between Etihad Rai... [3792-Views]
Emirates Post Group unveils Two Commemorative Stamp Sets Celebrating UAE's Hosting of COP2... [3739-Views]
Zero-Emission Vehicle Innovator Wisdom Motor Brings the GCC's First 12-Meter Hydrogen City... [3702-Views]
Food Consumption in the GCC to Grow at a Steady Pace, says Alpen Capital [3633-Views]
World Tennis League Unveils Full Player Roster with Thrilling Matchups Set for Season Two [3608-Views]
Brookes Education Group and Enlightened Minds Partner to Unlock Student Potential in the M... [3600-Views]
Revolutionizing Crop Growth: Tadweer Signs $2.5m Milestone Agreement with Aquagrain to Dep... [3571-Views]
ADEK's Khotwa Program Strengthens College Associations in Australia and New Zealand [3555-Views]
Katch International Launches a Dedicated Department Focused on Sustainability and Brand St... [3510-Views]
Max Mara Celebrates Yara Shahidi as the 2023 WIF Max Mara Face of the Future Award® Recipi... [3481-Views]
Dubai Police and Arabian Automobiles Join Forces to Showcase GHIATH Smart Patrol [3415-Views]
Young People Send Unequivocal Message to COP28 Delegates following GEMS survey: “DO BETTER... [3403-Views]
Trillion Bees Coalition Launches at COP28 [3346-Views]
 
RSS Facebook Twitter LinkedDin DubaiPRNetwork.com on Instagram
 
Top Sections
 
Top Stories