In a significant diplomatic engagement, His Excellency Mohammed bin Hadi Al Husseini, the Minister of State for Financial Affairs, recently met with His Excellency Michael McGrath, the Irish Minister of Finance, at the Ministry of Finance office in Dubai. The discussions centered on fostering collaboration between the Ministry of Finance in the United Arab Emirates and its Irish counterpart.
The meeting delved into potential areas of cooperation, particularly in the financial sector, aiming to serve the mutual interests of both countries. The agenda included strategies to enhance the business environment, ensure transparency in tax matters, and broaden collaboration beyond conventional sectors. Emphasis was placed on exploring opportunities in the new economy, focusing on artificial intelligence, financial technology, and entrepreneurship.
Expressing gratitude, His Excellency Al-Husseini acknowledged the active involvement of the Irish government in the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28). Special mention was made of the participation of His Excellency Jennifer Carroll MacNeil, Minister of State in the Irish Department of Finance, in a high-level round table meeting organized by the Ministry of Finance. The event, titled “Scaling up financing for climate action,” aimed to facilitate collaborative discussions on leveraging financial resources for climate-related initiatives, implementing supportive policies, aligning public and private financial flows with sustainable goals, and committing to global-scale climate finance initiatives.
