UAE to chair Asian Infrastructure Investment Bank’s annual meet – Gulf Today

UAE to chair Asian Infrastructure Investment Bank’s annual meet – Gulf Today

UAE to chair Asian Infrastructure Investment Bank's annual meet

5 hours ago

Sultan Al Jaber noted that the event would be an important step towards enhancing development and co-operation. WAM

The meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB) has approved the decision to host the Bank's 2021 annual meeting in the UAE, during EXPO Dubai.

The event is set to draw the participation of delegates from over 100 countries worldwide. The UAE will chair the Bank's Board of Governors from now until the 6th annual meeting, which will take place in 2021.

The announcement was made during the UAE's participation in the virtual annual meeting of the Asian Infrastructure Investment Bank, which convened on July 28, under the theme 'Connecting for Tomorrow', where President Xi Jinping, the Chinese President, delivered the opening remarks of this edition.

The virtual event brought together AIIB's Governors, Directors and the delegates from AIIB members and partner institutions, business leaders, civil society representatives and experts from a wide range of fields.

Dr. Sultan Al Jaber, Minister of Industry and Advanced Technology, and the UAE's Governor on the AIIB Board of Governors; and Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development,