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Mohammed bin Rashid receives President of World Bank Group

Mohammed bin Rashid receives President of World Bank Group

Government of Dubai Media Office –16 February 2020: Vice President and Prime Minister of the UAE and Ruler of Dubai His Highness Sheikh Mohammed bin Rashid Al Maktoum, received today, in the presence of Dubai Crown Prince His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, President of World Bank Group David Malpass and an accompanying delegation, on the sidelines of Global Women’s Forum Dubai (GWFD) 2020, being held from 16-17 February in Dubai.

Sheikh Mohammed and the President of the World Bank Group discussed collaboration between the UAE and the World Bank to enhance the business environment globally. He said the UAE is keen to share its experience of creating a conducive environment for attracting local, regional and global investors by developing a soft and hard infrastructure that enhances ease of doing business.

His Highness Sheikh Mohammed expressed the UAE’s appreciation for the World Bank’s efforts in promoting global economic growth as well as its efforts in eliminating poverty, promoting welfare, unlocking sustainable economic growth opportunities and investing in human capital development globally. His Highness also stressed the UAE’s keenness to work closely with the World Bank to generate new opportunities in the UAE, the region and the world.

David Malpass praised the UAE’s development model and its approach in diversifying its income and reducing reliance on oil revenues, investing in strong infrastructure that supports the ambitious objectives of the country and its investment incentives that have raised the UAE’s global ranking in ease of doing business indices.

The President of the World Bank also expressed his happiness in participating in GWFD 2020, noting that organising the global event in the UAE opens the doors for identifying more opportunities for enabling women in business regionally and globally, especially with the organization of We-Fi MENA Regional Summit. The meeting was also attended by His Highness Sheikh Mansour bin Mohammed bin Rashid Al Maktoum; Her Highness Sheikha Manal bint Mohammed bin Rashid Al Maktoum, President of the UAE Gender Balance Council, President of Dubai Women Establishment, and wife of His Highness Sheikh Mansour bin Zayed Al Nahyan, UAE Deputy Prime Minister and Minister of Presidential Affairs; Minister of Cabinet Affairs and the Future HE Mohammad bin Abdullah Al Gergawi; Minister of State for Financial Affairs, HE Obaid bin Humaid Al Tayer; Minister of State for International Cooperation HE Reem bint Ibrahim Al Hashimy; and Chairperson of the Board and Managing Director of the Dubai Women Establishment HE Mona Al Marri.

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