41 C
Wednesday, July 17, 2024

UAE joins third G20 FMCBG meeting actively

Mohamed bin Hady Al Hussain, Minister of State for Financial Affairs, led the UAE delegation in the third G20 Finance Ministers and Central Bank Governors FMCBG meeting in Gandhinagar, Gujarat. The meeting focused on G20 priorities set by the Indian presidency for 2023.

Al Hussain emphasized the need for global collaboration to address economic uncertainty, promote food and energy security, tackle investment-for-development challenges, and shape the future of the multilateral trade system. He also praised the G20’s efforts in addressing climate change and finance and health collaboration.

The meeting covered various topics such as the global economic outlook, pandemic preparedness, sustainable finance, infrastructure development, financial inclusion, and international taxation. The UAE delegation attended side events on tax evasion, corruption, money laundering, infrastructure investment, and held meetings with representatives from the European Commission, French Treasury, and Brazilian Ministry of Finance.

The ministers and governors reaffirmed their commitment to G20 priorities and planned to review the outcomes during the next meeting in Marrakesh.

Next Article

Related Articles

The Rise of 1 Home Salon Services in Dubai

The Rise of Home Salon Services in Dubai As sale season sweeps across Dubai, many residents are turning to home salon services in dubai to...

Axi and Manchester City Women’s Team Kick Off big ‘The Mentality Edge’ Campaign 1

Axi and Manchester City Women’s Team Kick Off 'The Mentality Edge' Campaign In a dynamic culmination to the 2023/24 football season, leading online FX and...

UAE Murban Crude Oil Achieves Record Trade Levels.

UAE: United Arab Emirates' Murban crude oil has achieved record trade levels, marking a significant milestone for the country’s energy sector. This surge in trading...

NAZ INDUSTRIES Earns 2024 Great Place To Work Certification™

NAZ INDUSTRIES Earns 2024 Great Place To Work Certification™ Dubai, United Arab Emirates — NAZ INDUSTRIES is proud to be Certified™ by Great Place To...

Ajman Department of Finance Engages Globally at 30th Annual Reserve Management Seminar

Ajman Department of Finance Participates in the 30th Annual Reserve Management Seminar Ajman, 4 July 2024: The Ajman Department of Finance, represented by Jassim Bu...

Latest Articles