UAE-Egyptian Talks Reiterate Significance of Joint Arab Action

The Emirati president meeting with the Egyptian president. (WAM)
The Emirati president meeting with the Egyptian president. (WAM)
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UAE-Egyptian Talks Reiterate Significance of Joint Arab Action

The Emirati president meeting with the Egyptian president. (WAM)
The Emirati president meeting with the Egyptian president. (WAM)

UAE President Sheikh Mohamed bin Zayed Al Nahyan and Egypt’s President Abdel Fattah El-Sisi reiterated Monday their keenness to continue engaging in consultation and strengthen joint Arab action to address regional and international challenges as the UAE and Egypt work to enhance security and stability and foster lasting prosperity for the region’s peoples.

During the meeting at Qasr Al Shati in Abu Dhabi, the two leaders addressed various issues of mutual interest and exchanged views on regional and international developments.

Both sides underscored the importance of working towards peaceful solutions to regional crises through dialogue and diplomacy while bolstering regional peace and stability.

The meeting discussed bilateral relations and ways to develop cooperation to realize the aspirations of their peoples for sustainable development and prosperity.

The two presidents also discussed cooperation, particularly in the economic, investment, and development areas, as well as promising opportunities to expand bilateral cooperation to further serve the interests of the two countries and peoples.

The meeting also reviewed the UAE’s upcoming hosting of the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). The leaders discussed its importance in advancing collective climate action, especially in the areas of sustainability and resource conservation, and delivering mutual benefits to all in efforts to achieve a better future for humanity.

The UAE President welcomed El-Sisi, who congratulated him on the UAE’s achievement in the space field with the return of astronaut Sultan Al Neyadi following the longest Arab space mission in history.

Sisi expressed his wish for the UAE to achieve further progress in various fields.

The Egyptian president arrived Monday in the UAE and was received by the UAE President at Abu Dhabi International Airport.

Sheikh Mohamed accompanied the Egyptian President to greet Emirati astronauts on the airport grounds, where an official reception was held to celebrate the return of astronaut Al Neyadi to the UAE.

Sisi congratulated the team for contributing to the achievement of Al Neyadi and described it as a source of pride for every Arab, wishing the UAE further progress in all fields.



Saudi Arabia Concludes Third IMFC Deputies Meeting

The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
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Saudi Arabia Concludes Third IMFC Deputies Meeting

The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA
The Kingdom's chairmanship of the IMFC is a testament to its strong commitment to promoting multilateralism and reflects its leading role in supporting regional and global economic growth. - SPA

The Kingdom of Saudi Arabia concluded the third deputies meeting for the International Monetary Fund's (IMF) International Monetary and Financial Committee (IMFC), which was held under the Saudi chairmanship in Diriyah on April 6-7, and co-organized by the Ministry of Finance and the IMF.
During his opening speech, Minister of Finance Mohammed Aljadaan praised the efforts of the IMF's leadership and the members of the IMFC in guiding the IMF during challenging times. He also emphasized the importance of collaboration to ensure global financial stability and strong, inclusive economic growth. "The IMF has shown resilience by adapting to the ever-changing global landscape," Minister Aljadaan said.
In her opening speech, Managing Director of the International Monetary Fund Dr. Kristalina Georgieva expressed her gratitude for Saudi Arabia's ongoing and robust support for the IMF and the strong leadership of the IMFC, SPA reported.
"Amid significant global policy changes, the IMF's mission to foster macroeconomic and financial stability remains just as essential as it was 80 years ago. Our 191 member countries can rely on the IMF as a trusted advisor," she said.
The IMFC deputies discussed several topics during the high-level discussion sessions, including ways to enhance global financial stability and inclusive development. They addressed the challenges facing the global economy due to uncertainty in trade flows and its impact on capital in both advanced and developing economies. Emphasis was placed on the effect of high debt levels on investments in infrastructure and jobs and the opportunities and risks arising from technological and demographic shifts.
Additionally, they discussed the IMF's role in supporting countries through financial stability programs and coordinating regional financial arrangements.