May 26, 2024
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Mohammed bin Rashid meets with President of World Bank Group at WGS 2024

 Mohammed bin Rashid meets with President of World Bank Group at WGS 2024

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister and Ruler of Dubai, today met with Ajay Banga, President of the World Bank Group (WBG), on the first day of the World Governments Summit (WGS) 2024.

The meeting was held in the presence of H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of Dubai Executive Council, and H.H. Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance.

During the meeting, His Highness Sheikh Mohammed bin Rashid and the President of WBG discussed global economic issues, recent advancements in the UAE’s economic development process and strategies to strengthen cooperation between the UAE and the World Bank Group. This includes enhancing collaboration in exchanging experiences, sharing knowledge and developing national competencies.

The meeting also explored strategies to enhance the global business environment by drawing upon the UAE’s leading experience in creating an attractive business climate for investors locally, regionally and internationally. The UAE’s pioneering efforts in this regard serve as an exemplary model in the region and globally, particularly in the development of regulations and legislations.

His Highness Sheikh Mohammed bin Rashid Al Maktoum expressed his appreciation to the World Bank for its role in supporting developing economies and advancing global economic development rates.

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