The United Arab Emirates has been selected to host the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund in Abu Dhabi, reflecting international confidence in the country’s economic framework and institutional capabilities.
The move is expected to support the UAE’s position as a global financial hub and strengthen its role in international economic dialogue. The Annual Meetings bring together finance ministers, central bank governors, policymakers and experts from more than 190 countries to discuss key global economic issues.
Mohammed bin Rashid Al Maktoum said: “In a global vote that reflects international confidence and underscores the UAE’s strong financial standing, the United Arab Emirates has been chosen to host the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund in Abu Dhabi, a clear reflection of the strength and capability of its people.”
His Highness added: “These global meetings bring together central bank governors and finance ministers from 190 countries and serve as a key platform to shape global financial stability policies and define the future of the international economy.”
His Highness said: “Proud of the United Arab Emirates, proud of its economic and financial talent, proud of its growing global standing, and proud of the trust it continues to earn from the world, day after day.”
The UAE secured the highest number of votes during an international evaluation process, highlighting confidence in its economic environment, infrastructure and ability to host large-scale global events. The country previously hosted the meetings in Dubai in 2003.
Maktoum bin Mohammed bin Rashid Al Maktoum said: “This global event will provide a significant platform to promote constructive financial and economic dialogue among countries worldwide. We are committed to providing an ideal environment that leads to tangible outcomes supporting sustainable development and strengthening global financial and economic integration.”
He added that hosting the meetings aligns with the UAE’s strategy to strengthen international partnerships and reinforce its role in supporting global financial and economic stability.
The Annual Meetings of the World Bank Group and the International Monetary Fund are among the most significant global economic gatherings, focusing on issues such as growth prospects, financial stability and development challenges. Hosting the 2029 edition is expected to further strengthen the UAE’s role in multilateral cooperation and international economic discussions.