This is in light of Egypt’s keenness to support efforts of various Arab financial institutions and bodies to achieve their development mission, support joint Arab action, and enhance development efforts in various Arab countries
Egypt will host the Joint Annual Meetings of Arab Financial Institutions for the year 2024, which are scheduled to be held in the New Administrative Capital on May 22. This is in light of Egypt’s keenness to support efforts of various Arab financial institutions and bodies to achieve their development mission, support joint Arab action, and enhance development efforts in various Arab countries.
Minister of International Cooperation, Rania Al-Mashat, said that the meetings, held under the patronage President Abdel Fattah El-Sisi, reflects the Egyptian state’s keenness to provide support for all efforts aimed at enhancing cooperation and joint Arab action, and to provide the facilities required for the meetings to emerge in the best possible way and in a way that befits the organization.
Al-Mashat added that Arab financial institutions and funds are a major partner of the government in advancing development efforts, explaining that there is integration between Arab financial institutions and international development partners in order to strengthen the financing mechanisms and technical support available to different countries.
The joint annual meetings of the Arab financial bodies are scheduled to include meetings across of the Board of Governors of the Arab Fund for Economic and Social Development, the Board of Shareholders of the Arab Corporation for the Guarantee of Investment and Export Credit, the Board of Governors of the Arab Monetary Fund, the Board of Governors of the Arab Bank for Economic Development in Africa, the Board of Governors of the Arab Bank for Economic and Social Development, the Arab Authority for Agricultural Investment and Development, Arab Finance Ministers Council, and the distribution ceremony of the Sheikh Abdul Latif Yousef Al-Hamad Development Award in the Arab World.
These gatherings provide a platform for discussing and addressing important financial and developmental matters within the Arab region.
