UAE to host 2029 Global Meetings
The United Arab Emirates has signed an agreement to host the meetings of the World Bank Group and the International Monetary Fund in 2029 in Abu Dhabi, aimed at strengthening international confidence and enhancing the country's position as a global financial center. This step comes as part of supporting the stability of the international economic system and reaffirming the UAE's readiness to play a role in shaping the future of global finance by hosting financial sector leaders and decision-makers from 191 countries to discuss economic challenges and opportunities and promote sustainable growth. This will be the second time hosting since 2003, reflecting international confidence in the country's institutions and infrastructure, and fostering global economic cooperation.
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