Meetings discuss future of Arab financial cooperation

The Joint Annual Meetings of Arab Financial Institutions explore prospects for achieving sustainable development in the regional countries in light of ongoing global financial challenges

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The UAE, represented by the Central Bank and the Ministry of Finance, participated in the Joint Annual Meetings of Arab Financial Institutions, held on 9th April in Kuwait.

The meetings discussed the future of Arab financial cooperation, as well as ways to enhance economic stability. It explored prospects for achieving sustainable development in the regional countries in light of ongoing global financial challenges.

Led by Khaled Mohamed Balama, Governor of the Central Bank of the UAE, the Emirati delegation featured Younis Haji AlKhoori, Under-Secretary of the Ministry of Finance; Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at the Central Bank of the UAE; Ali Abdullah Sharafi, Acting Assistant Under-Secretary for International Financial Relations at the Ministry of Finance; Thuraiya Hamed AlHashmi, Director of the International Financial Relations and Organisations Department at the Ministry; and Azza Ali Aljassmi, Director of the Government Communications Department at the MinistryThis is in addition to a number of experts from both the Ministry and the Central Bank.

The event featured a series of meetings for the Boards of Governors representing Arab countries in the Arab Fund for Economic and Social Development, the Arab Monetary Fund, and the Arab Bank for Economic Development in Africa.