BAE will host the World Bank Group and IMF Annual Meetings in 2029.

ABU DHABI, April 10, 2026 (WAM) -- The United Arab Emirates has announced that the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund (IMF) will be held in Abu Dhabi. This development stands out as another indication of international confidence in the country's economy. This step will strengthen the UAE's position as a global financial hub and reinforce its role as a significant partner in supporting the stability of the international economic system and shaping its future direction. His Highness Sheikh Mohammed bin Rashid Al Maktoum, the Emir and Prime Minister of Dubai, stated, “As a result of a global vote reflecting international confidence and highlighting the UAE's strong financial position, 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; this is a clear reflection of the strength and capability of its people.” His Highness also noted that these global meetings bring together central bank governors and finance ministers from 190 countries, providing an important platform for shaping global financial stability policies and defining the future of the international economy. His Highness expressed, “We are proud of the United Arab Emirates, of its economic and financial capabilities, its growing global standing, and the continued trust it earns from the world every day.” The UAE was selected to host this global event by receiving the highest number of votes as part of an international evaluation process, demonstrating global confidence in the country's economic strength, institutional preparedness, and stable, resilient economic environment. This decision also serves as evidence of the UAE's balanced fiscal and monetary policies, advanced infrastructure, and extensive experience in hosting major international events, further enhancing its role as a global platform for multilateral economic dialogue. The UAE is undertaking this event based on its history of organizing such meetings, having previously hosted the same event in Dubai in 2003. His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, the First Deputy Emir of Dubai, Deputy Prime Minister, and Minister of Finance, emphasized that hosting the 2029 Annual Meetings of the World Bank Group and the International Monetary Fund aligns with the country's strategic vision of strengthening international partnerships and being a significant center supporting global financial and economic stability. His Highness stated that the UAE will continue to strengthen its position in shaping the future of the global economy with flexible fiscal and economic policies that promote growth and stability. Sheikh Maktoum remarked, “This global event will provide an important platform to promote constructive financial and economic dialogue among countries. We are committed to providing an ideal environment that facilitates tangible outcomes supporting sustainable development and enhancing global financial and economic integration.” He noted that organizing this major international meeting showcases the UAE's readiness to be a global economic decision-making center supported by its complex infrastructure and proven organizational skills, while also providing an effective platform for shaping international partnerships. The Annual Meetings of the World Bank Group and the International Monetary Fund are among the world's most significant economic gatherings, bringing together finance ministers, central bank governors, policymakers, and experts from over 190 countries. Each year, these meetings provide an ideal environment to discuss global economic priorities such as growth expectations, financial stability, sustainable development, and the challenges facing the global economy. Therefore, hosting this event holds significant strategic importance for the UAE and further strengthens its role as a reliable partner in international economic decision-making processes. This decision also reinforces the UAE's active role in supporting multilateral cooperation, promoting constructive dialogue between developed and developing economies. The country aims to accelerate efforts to develop innovative solutions to global economic challenges and promote inclusive and sustainable economic growth worldwide through such platforms. (Source: WAM.ae)