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The UAE held the first strategic financial dialogue with Poland

news agency wam , 13 Jul 2024 - 15:24

The Ministry of Finance of UAE has announced that it has held the first strategic financial dialogue with the Republic of Poland in Warsaw to strengthen bilateral cooperation in various financial and economic fields of mutual interest and to discuss the latest developments in financial markets.


According to Amac News: The Emirati delegation that participated in this meeting says that the parties discussed new opportunities for cooperation in the renewable energy and banking sectors.
In the opening session, Younes Haji Al Khoury thanked Karbonik for hosting the first strategic financial dialogue between the UAE and Poland and praised the strong bilateral relations between the two countries.
He emphasized the importance of such events not only in strengthening financial cooperation but also in expanding economic, commercial and development relations.
Al Khoury emphasized that this dialogue has provided an ideal platform to share the latest developments in financial markets, address global priorities and challenges, and explore innovative solutions in critical sectors.
Emphasizing that this dialogue is another important step towards the development of bilateral cooperation between Poland and the UAE, he called on both countries to intensify their efforts to strengthen sustainable and prosperous economic growth.
He noted that while the global economy shows strong resilience, it needs continued attention to efforts and initiatives aimed at achieving financial stability, reducing inflation and addressing climate change.
He emphasized that the UAE has taken important steps in diversifying its national economy, such that the non-oil sector will account for approximately 75% of the GDP in 2023, and an overall growth rate of 6.2% is forecast until 2025. becomes
He emphasized that the United Arab Emirates, due to numerous initiatives such as instant payment platforms, support for emerging fintech companies and innovative financing options, as well as due to the adaptation of the country's financial policies to international taxation, has a prominent position as It has a global financial center.
The Deputy Minister of Finance emphasized that the Ministry of Finance will integrate AI technology and solutions to improve financial flows and align with the UAE's AI strategy.
He added that several initiatives have been launched for digital transformation that use artificial intelligence and met averse technologies.
During the Strategic Finance Dialogue, the UAE Ministry of Finance presented on the Treasury bond program and its plans to strengthen domestic public debt instruments.
It also included a presentation by the Abu Dhabi Stock Exchange on the latest market developments and available investment opportunities, as well as a presentation by the Dubai International Financial Center on the business environment and investment benefits for global companies.
The sessions also discussed a wide range of topics of mutual interest, including tax policy, financial technology, the latest AI tools and innovative solutions for financial markets.
 


Story Code: 1004

News Link :
https://www.amacnews.com/en/news/1004/the-uae-held-the-first-strategic-financial-dialogue-with-poland

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