UAE and World Bank Forge Strategic Investment Partnership

May 7, 2026

71 min

May 7, 2026 22:30

UAE Ministry of Investment, World Bank sign partnership framework

## Partnership Agreement

The UAE Ministry of Investment and the World Bank have formalized a strategic partnership aimed at enhancing the UAE's investment climate. This collaboration is part of a broader framework established in 2019 between the World Bank and the UAE Ministry of Finance.

## Objectives

The partnership focuses on creating a transparent and predictable environment to attract high-quality foreign direct investment (FDI). It aims to position the UAE as a leading global investment hub by leveraging the World Bank's expertise to implement comprehensive investment reforms.

## Strategic Goals

The UAE has set ambitious targets, including doubling its annual FDI to reach $65 billion by 2031. The partnership is expected to support these goals by fostering an investment climate that is competitive and aligned with the UAE's long-term economic strategies.

## Statements from Leaders

Mohammad Abdulrahman Alhawi, Undersecretary of the UAE Ministry of Investment, emphasized the importance of this partnership in reinforcing the UAE's role as a strategic gateway for global investments. Boutheina Guermazi, World Bank Director for Strategy and Operations for the MENAAP region, highlighted the World Bank's commitment to supporting the UAE in building a world-class investment environment.

## Future Prospects

This collaboration is a significant step in advancing the UAE's National Investment Strategy, which seeks to attract transformative capital and accelerate economic diversification. By strengthening institutional frameworks, the UAE aims to maintain its status as a dynamic and globally connected investment destination.

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