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Joint Arab investment vital: Mohammed
April 03, 2013
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DUBAI: The Vice President and Prime Minister of the UAE and Ruler of Dubai, His Highness Sheikh Mohammed Bin Rashid Al Maktoum, received on Tuesday at Zabeel Palace, Arab finance ministers, central bank governors and directors of Arab financial agencies, who are participating in the annual meeting of the Arab Financial Institutions and Fourth Meeting for the Council of Arab Finance Ministers, being hosted by the UAE.

Sheikh Mohammed stressed the vital importance of joint Arab investment in various sectors to implement Arab League resolutions for launching the Arab common market and clearing obstacles facing Arab economies. Sheikh Hamdan Bin Rashid opened the two-day meetings earlier on Tuesday.

Present were Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance, Sheikh Maktoum Bin Mohammed Bin Rashid Al Maktoum, Deputy Ruler of Dubai, and a number of Sheikhs, ministers and senior officials.

Sheikh Mohammed exchanged talks with Arab ministers on economic and financial situation in the Arab World and mechanisms of pushing development wheel forward for rebuilding a sound Arab economy based on a common strategy that serves interest of Arab people.

The meetings serve as an ideal platform to address the latest economic and financial conditions in the Arab region and to promote economic and financial policies of the Arab countries to enhnace economic integration, activate the movement of intra-regional trade and to guarantee prosperity and food security.

WAM

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