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Emirates News Agency – UAE Participates in the Sixth Session of the Public Finance Forum in the Arab Countries



Emirates News Agency - UAE Participates in the Sixth Session of the Public Finance Forum in the Arab Countries
  • The UAE participates in the sixth session of the Public Finance Forum in the Arab world

Abu Dhabi, 17 November The Ministry of Finance participated in the General Finance Forum for the Arab Countries with the WAM / Arab Monetary Fund and the International Monetary Fund, which aimed to exchange experiences and discuss challenges through video communication techniques. It confronts decision-makers and policies in the Arab region in the context of economic and financial development, and discusses ways to improve the measures needed to recover from the corona epidemic “Govt-19” and return to normal life.

The activities of the forum started with an inaugural session which was inaugurated by the Minister of State for Finance, His Excellency Mohammed bin Hadi Al-Husseini, during which he welcomed the delegates to the forum, which is an important platform for finance ministers. Discuss governance and transparency in Arab countries and the role of modern technologies in public finance, as well as ways to support the recovery phase and the role of investments.

His Excellency Kristalina Georgieva, Director General of the International Monetary Fund and His Excellency Dr. Abdul Rahman bin Abdullah Al Hamidi, Director General of the Arab Monetary Fund and Chairman of the Board of Directors also addressed the opening session.

During his speech, His Excellency Mohammed bin Hadi Al Husseini pointed out that the repercussions of Govt-19 are diminishing and in light of the serious efforts of the wise leadership of the United Arab Emirates, the launch of Expo 2020 activities is taking place amidst global interest. The United Arab Emirates is entering a new fiftieth year with clear national priorities and new approaches. It is based on fifty principles, supported by a flexible federal budget.

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He said, “Since the total value of economic support packages and initiatives provided by the Central and local governments since the outbreak has reached US $ 90 billion, the United Arab Emirates has provided a unique model in dealing with the Kovit-19 epidemic.”

His Excellency added: “The United Arab Emirates’ broad access to the vaccine (the country has reached 89% of the full vaccination rate) and drastic social outreach measures have helped prevent the spread of the epidemic and allowed us to begin recovery efforts in early 2020. Invest in the future as a whole, by 2020. The contraction was contained to 6.1%, with GDP growth expected to return to 2.1% in 2021 and 4.2% in 2022. The Hon. Achieving a fair and equitable distribution of vaccines worldwide is essential. The UAE continues to implement global response efforts through the Alliance of Hope, launched in 2020, to deliver one of the world’s best vaccine distribution chains, having handled more than 100 million vaccines so far in 40 countries. At the end of his speech, he addressed the esteemed International Monetary Fund and the Arab Monetary Fund on two key issues: These two funds propose to governments to protect the wealth of the middle class, which may have been affected by the “Govit-19” epidemic, as well as policy recommendations, taking into account epidemic disruptions in the global supply chain, the worsening economic and social consequences of rising national debt levels to historic heights and higher unemployment rates.

It is pertinent to note that the activities of the Sixth Session of the Public Finance Forum for the Arab States began with the participation of the Ministers of Finance of the Arab States and the Governors of the Central Banks and Monetary Institutions. Director General of the International Monetary Fund and heads of several regional and international financial institutions.

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WAM / Ahmed Al Nuaimi / Ahmed Al Bodli

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A 4,000-tonne Emirati aid ship departed from Fujairah in support of the Palestinian brothers.



A 4,000-tonne Emirati aid ship departed from Fujairah in support of the Palestinian brothers.

An Emirati aid ship loaded with 4,016 tons of humanitarian supplies left this afternoon for Al-Arish in preparation for their entry into the Gaza Strip, as part of the humanitarian operation “Qaland Night 3” implemented by His Highness. Sheikh Mohammed bin Zayed Al Nahyan, head of state, “may God protect him”, to support the people, brother Palestinians in the Gaza Strip..

The ship, which departed from Fujairah port, carried 3,465 tonnes of food, 420 tonnes of shelter and 131 tonnes of medical aid, both donated by the Khalifa bin Zayed Al Nahyan Foundation and the Foundation for Humanitarian Affairs. The Zayed Bin Sultan Al Nahyan Foundation, in addition to the Emirates Red Crescent Authority, for charitable and humanitarian work..

The Head of State, Sheikh Mohammed bin Zayed Al Nahyan, may God protect him, last November 5 ordered the Joint Operations Command of the Ministry of Defense to launch “The Gallant Night 3”, a humanitarian operation to support the Brotherhood. Humanitarian support to the Palestinian people, in cooperation with humanitarian agencies in the country..

The UAE’s total aid to the fraternal Palestinian people before December 1 was more than 2,681 tons, while the total number of aircraft in the UAE airlift reached 92 aircraft..

The UAE’s commitment embodies the values ​​of solidarity and synergy with the brotherly Palestinian people, based on a long history of relief and humanitarian work during which the UAE is keen to provide all possible support..

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As aggression on Gaza resumes… Withdrawal, withdrawal, condemnations from climate conference in Dubai



As aggression on Gaza resumes… Withdrawal, withdrawal, condemnations from climate conference in Dubai

A devastating Israeli resumption of war in Gaza on Friday overshadowed the United Nations Climate Change Conference (COP28) in Dubai, with some delegates walking out, leaders canceling their speeches and others not attending the event.

In his speech, Turkish President Recep Tayyip Erdogan said, “As a result of Israel’s occupation, we cannot avoid facing the humanitarian crisis in our neighboring Palestinian territories, which cannot be justified under any circumstances.” He considered it a “crime against humanity and a war crime”.

In turn, the presidents of Colombia and Cuba described the war as “genocide”.

The Emir of Qatar, Sheikh Tamim bin Hamad Al Thani, was not included in the final list of speakers after his name appeared.

Saudi Crown Prince Mohammed bin Salman was scheduled to be the first speaker, but did not attend the summit.

“As we see in the region, conflicts are causing great suffering and emotion,” UN Secretary-General Antonio Guterres said at the summit. “We heard reports of renewed bombs in Gaza.”

Iranian delegates walked out of the conference in protest at the sudden Israeli presence, which the head of the delegation, Energy Minister Ali Akbar Mehrabian, described as “contrary to the goals and directions of the conference.”

Iranian official media reported on Thursday that President Ibrahim Raisi would not attend the conference and that Mehrabian would act in his stead.

Iraqi President Abdul Latif Rashid used his speech to condemn the aggression against Gaza, calling on the international community to “stand firm”.

A war against innocent people

South African President Cyril Ramaphosa said his country was “appalled by the ongoing tragedy in Gaza, and that the war against innocent people in Palestine is a war crime that must stop.”

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Other leaders have also criticized the war in Gaza, but Egyptian President Abdel Fattah al-Sisi has not spoken about it.

Israeli President Isaac Herzog canceled his speech, a day after Palestinian President Mahmoud Abbas canceled his participation in the conference, as the war in Gaza dominated the conference’s deliberations.

So far, the Israeli occupation of Gaza has led to the fall of more than 15,000 martyrs, most of them women and children.

Israel says 1,200 Israeli soldiers and settlers have been killed as a result of Operation Al-Aqsa flooding, which was launched by the opposition on October 7 last year in settlements around Gaza.

The Palestinian opposition said the move came in retaliation for crimes of aggression against civilians in the West Bank and Gaza and the desecration of the blessed Al-Aqsa Mosque.

It is noteworthy that the United Arab Emirates, the host country of the conference, is one of the Arab countries that signed default agreements with Israel in 2020.

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Dubai Municipality adopts 7 pledges to ensure sustainability



Dubai Municipality adopts 7 pledges to ensure sustainability

Dubai Municipality adopted seven strategic commitments to ensure sustainability in its current and future projects, while it provided a sustainable model for government sites, within the activities of the COP28 conference, by building its site using 3D printing from sustainable, eco-friendly materials.

Marwan Al-Janahi, an engineer at the building licensing department of Dubai Municipality and one of the supervisors of the municipality’s platform at “COP 28”, said the seven commitments are climate neutrality, increasing the area of ​​reserves, and doubling green areas. , achieving complete sustainability of buildings, sustainability of sanitation and achieving zero waste, in landfills, in addition to complete treatment of wastewater in the emirate.

Al Janahi added that the Emirate of Dubai is working to achieve a “zero” percentage of waste in buildings, noting that the amount of construction waste recorded by the Emirate of Dubai in 2019 was 65 million tonnes, of which around 15 million tonnes were generated. Thrown in the waste, the rest was recycled.

He stressed that Dubai has succeeded in achieving the concepts of a sustainable economy through the Dubai Green Building System and following the Al Safaat method of constructing buildings in the emirate in accordance with green building standards and requirements.

He pointed out that during COP 28, the municipality is highlighting a set of projects and initiatives dedicated to promoting sustainable pathways in Dubai, such as the Digital Twin Project for the City of Dubai and the use of advanced technology, including applications of artificial intelligence. , the Safat system for assessing the carbon footprint of buildings in an urban environment, reducing and sequestering waste, reducing and eliminating emissions from the source, and assessing green buildings. Dubai Municipality supports the COP28 conference, hosted by the UAE, as a turning point for achieving concrete progress on global climate action, with a focus on achieving sustainable economic and social development, promoting cooperation, partnerships and coordinating climate action efforts. To reflect the organizational values ​​of participation, positivity, competition and efficiency.

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On the sidelines of the conference, Dubai Municipality organized a series of interactive workshops promoting international participation from different parts of the world, on key topics such as imagining best sustainable practices and awareness of eco-friendly practices. Several dialogue sessions hosted by the global event, experts speak, present the results of its many strategic initiatives in the fields of evaluating, classifying and rewarding international, green building practices, establishing laboratories supporting the sustainability of future cities, and benefiting from data analysis.

7 Affirmations

– The climate is neutral.

– Increase in reserve area.

– Doubling of green areas.

– Achieving complete sustainability of buildings.

– Sustainability of healthcare.

– Filtration of waste in garbage cans.

– Complete sewage treatment in the emirate.

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