DUBAI / WAM
Ministry of Finance (MoF) will highlight UAEâ€™s leading financial and economic model and the importance of strengthening financial ties with the Arab nations and others during the World Government Summit (WGS) 2017. The summit which is being held under the patronage of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice-President and Prime Minister of the UAE and Ruler of Dubai, will take place from February 12 to 14.
The Ministry will cover the prominent topics included in the agenda of the Fifth World Government Summit, such as the economy and the finance to develop a future strategy and support areas for development at the local, regional and international levels. Obaid bin Humaid Al Tayer, Minister of State for Financial Affairs, stressed the Ministryâ€™s commitment to its role as a strategic partner in the preparations for the World Government Summit and its support to ensure the success of the summit both regionally and globally.
â€œOur participation in the World Government Summit is an opportunity to showcase our support of financial development, as the summit is a leading regional and international platform, attended by government leaders and decision makers, as well as the leaders of the private sector, to discuss development based on future trends,â€ Al Tayer said.
The Ministry will continue its preparations for the World Government Summit in collaboration with the Arab Monetary Fund, AMF, and the International Monetary Fund, IMF. The Ministry of Finance, in collaboration with IMF, will hold a session on FinTech, or financial technology, on the second day of the World Government Summit.