The UAE will host an exceptional meeting of the Council of Arab ministers of finance in Abu Dhabi on September 7.

Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, will be present at the meeting, among other attendees who will include the ministers of finance of all participating Arab states, in addition to prominent officials from regional and international financial institutions and organisations.

The meeting will feature discussions regarding recent economic and development challenges that Arab states are facing, in addition to debating methods of increasing inter-Arab trade activities and enhancing the financial policies of these countries, said a statement.

The meeting will also focus on the important opportunities present to Arab states that will enable them to enhance their shared socioeconomic standing. Discussions will address current economical and financial issues witnessed by this region, in addition to highlighting shared financial projects that aim to achieve growth and development for Arab states.

“Through hosting the upcoming exceptional meeting, the UAE aims to enhance the presence of Arab states in important international meeting and events, in addition to developing the vital role of prominent Arab financial and economic institutions,” said Obaid Humaid Al Tayer, Minister of State for Financial Affairs.

Dr Jassim Al Mannai, director general and chairman of the board, Arab Monetary Fund, said: “The topics to be discussed at the event and all the directives to result from it reflect the efforts of Arab states to cooperate with each other to best deal with current economical issues and achieve stability and development for the region.”– TradeArabia News Service