UAE: First Deputy Ruler of Dubai meets President of the World Bank Group

Recently, a meeting was held between Ajay Banga, President of the World Bank Group and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the UAE. During this meeting, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum highlighted the importance of improving the partnership between the United Arab Emirates and the World Bank Group to overcome the economic challenges of the present time. Both sides expressed their readiness for the cooperation to each other.

Recently, a meeting was held between Ajay Banga, President of the World Bank Group and Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai and Deputy Prime Minister and Minister of Finance of the United Arab Emirates(UAE). During this meeting, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum highlighted the importance of improving the partnership between the United Arab Emirates and the World Bank Group to overcome the economic challenges of the present time.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum also emphasised the role of the World Bank Group in supporting the agenda under the (conference of parties)COP28. The COP28 is related to areas like food, water, climate financing, etc. Moreover, the COP28 is going to be held in Dubai from 30 November to 12 December 2023 at Expo City.

Advertisement

It is to be specifically mentioned that COP serves as the formal meeting of the UNFCCC regarding the action and strategy on climate change, limiting carbon emissions and other climate-related issues.

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum also said that UAE 28 will be a unique opportunity for the world to come and discuss the climate-related issue on single  on a single platform. Additionally, he stressed that COP28 will be a transformational moment for the world to unite and tackle climate-related dangers in future.

During the meeting, Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum and Ajay Banga also explored ways to advance the partnership between the UAE and the World Bank Group in accordance with the WBG’s new vision and mission.

They also discuss the ways to create a world free of poverty and make the earth a happy and  liveable planet. Discussion also revolved around different opportunities and different roles of the World Bank in the region and internationally.

World Bank Group’s president reaffirmed the support of the world bank to provide every possible aid for the projects related to development and environmental protection in  the UAE region.

Tariq Saeed

Read More

Egypt and Greece collaborate on ‘Roots Revival’ initiative for expatriates

Ministry of State for Immigration and Egyptian Affairs Abroad stated that the Immigration Minister seeks cooperation with the Greek Deputy Foreign Minister for Expatriate Affairs

Watch: Mona Kattan shares closet tour, know her styling secrets

Kattan's sister and Co-Founder & Global President of world-famous makeup brand Huda Beauty and Kayali' Mona Kattan' has recently shared a video on her official Youtube channel while sharing her closet tour.

Due to 5G concerns, Dubai’s Emirates suspends several flights to US

On Wednesday, January 19, Dubai’s Emirate airline has suspended several flights to the United States amid concerns over 5G mobile deployments. The company has said...

Recent

Middle East: InterSearch Worldwide elects Ehab Hassan as the new chairman

On Friday, the InterSearch Worldwide, an alliance of executive search companies, elected Ehab Hassan as the chairman of the Middle East. Managing director of the...

Tibetans persecution continues by Chinese authorities: reports

Lhasa, Tibet: Chinese Authorities continue to exploit Tibetans both inside and outside of Tibet for their cultural values and beliefs, wrote Janet Rice, a Senator in Australian Parliament, who has confirmed in the Tibet Rights reports.

DME signs agreement with Dubai financial market

The financial market and the Dubai Mercantile Exchange penned down a collaboration agreement today, March 29, 2022.
admin