Latest news with #YounisHajiAlKhoori


Zawya
27-05-2025
- Business
- Zawya
Ministry of Finance holds workshop to boost crisis preparedness and forecasting capabilities
Younis Haji AlKhoori: We are committed to promoting a culture of readiness that empowers our teams to respond swiftly and thoughtfully during times of crisis. Dubai: The Ministry of Finance held a workshop on crisis management and forecasting, bringing together senior government officials and experts to explore best practices in emergency preparedness and strategic planning. The event, held in Dubai, was attended by H.E. Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; assistant undersecretaries; department directors; and representatives from the American University of Sharjah. In addition to highlighting the latest international practices in crisis management and forecasting, the workshop aimed to enhance the capabilities of national teams to respond effectively and plan proactively for future challenges. This aligns with the country's efforts to build a flexible government capable of adapting to evolving circumstances. Institutional readiness His Excellency Younis Haji AlKhoori emphasised that the workshop is part of the Ministry's commitment to strengthening institutional readiness. He highlighted that investing in capacity building for crisis management and forecasting is key to ensuring business continuity and improving government performance amid regional and global challenges. 'We are moving forward with our efforts to instill a culture of readiness within the organisational work environment, empowering our staff to make swift, well-thought-out decisions during crises and ensuring sustainable service delivery,' said AlKhoori. Panel discussions The workshop featured three key sessions. The first focused on how to understand and prepare for crisis management, covering topics such as types of crises, response strategies, crisis communication, risk assessment techniques, and scenario analysis. The second session delved into the latest forecasting methods for proactive crisis management, highlighting their role in minimising risks. The third session was dedicated to practical applications and simulated responses, allowing participants to test their decision-making skills under pressure while applying forecasting and risk management tools. Professor Anis Samet, a Finance Professor at the American University of Sharjah and a recognised expert in risk management, sustainable finance, and corporate governance, delivered the workshop. He brings extensive academic and professional experience, having served as a risk management consultant for several prestigious international organisations. His research has been widely published in leading international academic journals. Participants also engaged in interactive discussions with specialists and academics leading the sessions, exchanging insights and experiences aimed at enhancing the efficiency of the government work system to meet future challenges.


Al Etihad
21-05-2025
- Business
- Al Etihad
UAE Central Bank organises first national forum on financial inclusion and literacy policy
21 May 2025 17:14 ABU DHABI (WAM)In a move to solidify the UAE's position as a global financial hub, the Central Bank of the UAE (CBUAE) has organised the first National Financial Inclusion and Literacy Policy Forum in Abu event is marked as the first step to launch the National Financial Inclusion Strategy and the National Financial Literacy Strategy. The forum was attended by Khaled Mohamed Balama, Governor of the CBUAE; Younis Haji Al Khoori, Undersecretary of Ministry of Finance; Hamid Al Zaabi, Secretary-General and Vice-Chair of the UAE National Committee for Combatting Money Laundering and the Financing of Terrorism and Illegal Organisations; Mohamed Bin Taliah, Chief of Government Services of the UAE; Fatma Al Jabri, Assistant Governor for Financial Crime, Market Conduct and Consumer Protection at the CBUAE; Saif Al Dhaheri, Assistant Governor for Banking Operations and Support Services at the CBUAE. Senior officials and representatives of various federal and local entities, the financial sector, and international financial institutions, were also in forum was organised in line with the CBUAE's efforts to achieve the UAE's sustainable development goals, the CBUAE's objectives to enhance financial inclusion and awareness, and with the aim to broaden access to financial services for all sectors toward fostering sustainable economic financial inclusion and literacy strategies aim at empowering consumers, small and medium enterprises, and underbanked people through targeted initiatives and tailored educational programmes. These strategies will also focus on building an innovative financial ecosystem, based on digitalisation and technological solutions, to ensure equality and easy access to financial services by all community development of these strategies will be rooted in thorough specialised studies and in-depth research, with the participation of federal and local government entities, private sector and community members, ensuring coordinated and integrated efforts throughout the development and implementation the goal of aligning both strategies with international best practices, the CBUAE and the World Bank have signed a partnership agreement aimed at enhancing joint cooperation in the formulation of both national strategies and the exchange of technical Mohamed Balama, Governor of the CBUAE, and Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, witnessed the signing agreement was signed by Fatma Al Jabri, Assistant Governor for Financial Crime, Market Conduct and Consumer Protection at the CBUAE, and Safaa El Tayeb El-Kogali, World Bank's Country Director for the GCC Countries, in the presence of senior officials from both Al Jabri said, "The formulation of two strategies for financial inclusion and financial literacy marks a crucial advancement towards fulfilling the leadership's vision to bolster financial and economic stability, and elevating social welfare in the UAE. This entails the widening of reach to financial services to encompass all societal groups and enhancing the financial infrastructure."She added, "At CBUAE, we are committed to developing effective partnerships with global financial institutions, notably the World Bank. We are dedicated to promoting initiatives that improve financial literacy and engagement by all society segments within the financial ecosystem. These endeavours are instrumental to build a prosperous society, thereby cementing the nation's prominent standing as a global financial hub."Safaa El Tayeb El-Kogali said, "The financial inclusion fosters economic growth and employment, promotes economic empowerment of women, and supports entrepreneurship and business growth." She added, "Through innovation and partnerships, the World Bank has supported over 100 developing countries in advancing financial inclusion. Today, we are excited to collaborate with the Central Bank of the UAE to develop strategies that enable every individual in the UAE to fully engage in the financial system, and make informed financial decisions."


Zawya
21-05-2025
- Business
- Zawya
CBUAE organises first National Financial Inclusion and Literacy Policies Forum
In a move to solidify the UAE's position as a global financial hub, the Central Bank of the UAE (CBUAE) has organised the 1st National Financial Inclusion and Literacy Policy Forum in Abu Dhabi. This event is marked as the first step to launch the National Financial Inclusion Strategy and the National Financial Literacy Strategy. The Forum was attended by Khaled Mohamed Balama, Governor of the CBUAE; Younis Haji Al Khoori, Undersecretary of Ministry of Finance; Hamid Al Zaabi, Secretary-General and Vice-Chair of the UAE National Committee for Combatting Money Laundering and the Financing of Terrorism and Illegal Organisations; Mohamed Bin Taliah, Chief of Government Services of the UAE; Fatma Al Jabri, Assistant Governor for Financial Crime, Market Conduct and Consumer Protection at the CBUAE; Saif Al Dhaheri, Assistant Governor for Banking Operations and Support Services at the CBUAE. Senior officials and representatives of various federal and local entities, the financial sector and international financial institutions have also attended the forum. The forum was organised in line with the CBUAE's efforts to achieve the UAE's sustainable development goals, the CBUAE's objectives to enhance financial inclusion and awareness, and broadening access to financial services for all society sectors to foster sustainable economic growth. The financial inclusion and literacy strategies aim at empowering consumers, small and medium enterprises, and underbanked people through targeted initiatives and tailored educational programmes. These strategies will also focus on building an innovative financial ecosystem based on digitalisation and technological solutions to ensure equality and easy access to financial services by all community sectors. The development of these strategies will be rooted in thorough specialised studies and in-depth research, with the participation of federal and local government entities, private sector and community members, ensuring coordinated and integrated efforts throughout the development and implementation phases. With the goal of aligning both strategies with international best practices, the CBUAE and the World Bank have signed a partnership agreement aimed at enhancing joint cooperation in the formulation of both national strategies and the exchange of technical expertise. Khaled Mohamed Balama, Governor of the CBUAE, and Younis Haji Al Khoori, Undersecretary of the Ministry of Finance, witnessed the signing ceremony. The agreement was signed by Fatma Al Jabri, Assistant Governor for Financial Crime, Market Conduct and Consumer Protection at the CBUAE, and Safaa El Tayeb El-Kogali, World Bank's Country Director for the GCC Countries, in the presence of senior officials from both organisations. Fatma Al Jabri said, 'The formulation of two strategies for financial inclusion and financial literacy marks a crucial advancement towards fulfilling the leadership's vision to bolster financial and economic stability and elevating social welfare in the UAE. This entails the widening of reach to financial services to encompass all societal groups and enhancing the financial infrastructure. She added, "At CBUAE, we are committed to developing effective partnerships with global financial institutions, notably the World Bank. We are dedicated to promoting initiatives that improve financial literacy and engagement by all society segments within the financial ecosystem. These endeavours are instrumental to build a prosperous society, thereby cementing the nation's prominent standing as a global financial hub.' Safaa El Tayeb El-Kogali said, 'The financial inclusion fosters economic growth and employment, promotes economic empowerment of women and supports entrepreneurship and business growth.' She added, 'Through innovation and partnerships, the World Bank has supported over 100 developing countries in advancing financial inclusion. Today, we are excited to collaborate with the Central Bank of the UAE to develop strategies that enable every individual in the UAE to fully engage in the financial system and make informed financial decisions.'


Gulf Today
07-05-2025
- Business
- Gulf Today
UAE organises BRICS meet on public-private partnerships
The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce on public-private partnership and Infrastructure (TFPPPI). The meeting, held from 5th to 6th May in Abu Dhabi, brought together senior government officials, international experts, representatives of global financial institutions, and private sector leaders. As part of the meeting, the Ministry of Finance organised a high-level seminar titled 'A New Era of Growth: Reimagining Infrastructure Financing in BRICS Countries', exploring ways to develop innovative mechanisms for financing infrastructure projects and expand public-private partnerships. In addition, the visiting delegation toured Masdar City, where participants were briefed on leading public-private partnership projects in the UAE across various sectors, including energy, sustainability, and transport, showcasing the country's commitment to implementing effective and innovative solutions in infrastructure development and financing. The event was attended by Younis Haji AlKhoori, Undersecretary of the Ministry of Finance; Antonio Freitas, Undersecretary for International Affairs, Brazil Ministry of Finance; Ambassador Tatiana Rosito, Secretary for International Affairs at the Brazilian Ministry of Finance; and Sidney Leon Romero, Brazilian Ambassador to the UAE. Younis Haji AlKhoori emphasised that hosting this high-profile event along with its accompanying seminar showcases the UAE's growing role as a trusted partner in shaping the future of global economic cooperation and redefining infrastructure financing in collaboration with the private sector, ensuring alignment with both sustainable development priorities and the dynamic requirements of tomorrow's economy. He said, 'Strengthening partnerships between the public and private sectors is a top priority for the UAE's vision, aimed at promoting sustainable growth. We are committed to adopting flexible and innovative financing models that not only facilitate the implementation of strategic projects in key sectors such as education, healthcare, clean energy, and transportation but also ensure that these investments yield both financial returns and lasting societal and environmental benefits.' He concluded by saying, 'Through these meetings, we look forward to establishing a sustainable platform for exchanging expertise between BRICS countries and their partner nations while strengthening the role of the private sector in driving economic transformation. This is especially crucial in light of growing global challenges that demand broader international coordination and more comprehensive and innovative financing strategies.' For her part, Ambassador Tatiana Rosito said, 'On behalf of the Brazilian Presidency of BRICS, I would like to extend my heartfelt thanks to all those who participated in this seminar. I would also like to reiterate our deep appreciation for the vital support and constructive partnership extended by the Government of the United Arab Emirates. I am confident that this seminar will further strengthen our cooperation and enable us to advance our shared goal of financing high-quality and impactful infrastructure projects across our countries. This Task Force meeting on Public-Private Partnerships and infrastructure holds symbolic significance, reflecting our collective aspiration to deepen ties among BRICS nations. Beyond the exchange of knowledge, its true value lies in fostering stronger bilateral and multilateral relations, and in identifying new opportunities for collaboration among all our countries.' Ahmed Baghoum, Chief Executive Officer of Masdar City, noted, 'The visit by the BRICS delegation to Masdar City is a testament to our growing global reputation as a leading hub for developing sustainable and innovative development projects through the public-private partnership (PPP) model. We were honoured to highlight several of our flagship initiatives, including the regional headquarters of Siemens Energy, the headquarters of the International Renewable Energy Agency (IRENA), and the Mohamed bin Zayed University of Artificial Intelligence. We also briefed the guests on the Masdar City Free Zone, which hosts over 1,500 companies operating in clean tech, AI, and renewable energy. More than just milestones in urban development, these projects reflect the UAE's commitment to embracing advanced solutions in financing and delivering infrastructure projects. At Masdar City, we firmly believe that global cooperation .is key to accelerating sustainable development and achieving a balance between economic viability and social impact.' The seminar featured a series of dialogue sessions that addressed key challenges and opportunities in the field of infrastructure project financing, highlighting BRICS countries' experiences and global best practices. The sessions covered a wide range of topics, including innovative financing models for social infrastructure projects such as housing, healthcare, and education. The event brought together senior government officials, international experts, representatives of global financial institutions, and private sector leaders.


Mid East Info
07-05-2025
- Business
- Mid East Info
UAE Hosts BRICS Finance Track Meeting & Seminar on Public-Private Partnerships and Infrastructure - Middle East Business News and Information
Discussing key challenges and opportunities in infrastructure project financing Exploring innovative financing models for social infrastructure such as housing, health, and education Highlighting blended finance models for climate-resilient infrastructure Specialised sessions on project structuring and preparation, investment challenges, alternatives to mitigate risks and the role of insurers In-depth discussions on government and industry perspectives: policy and implementation challenges Exploring the Future of PPPs and infrastructure investment in light of evolving economic and technological landscapes Younis Haji AlKhoori: The UAE is a trusted partner in shaping the future of global economic cooperation The UAE, represented by the Ministry of Finance, has hosted the first-ever BRICS event in the country, the BRICS Finance Track Working Group Taskforce on Public-Private Partnership & Infrastructure (TFPPPI). Taking place from May 5 to 6 in Abu Dhabi, the meeting brought together senior government officials, international experts, representatives of global financial institutions, and private sector leaders. This milestone event reflects the UAE's commitment to boosting international cooperation. As part of the meeting, the Ministry of Finance organised a high-level seminar titled 'A New Era of Growth: Reimagining Infrastructure Financing in BRICS Countries', exploring ways to develop innovative mechanisms for financing infrastructure projects and expand public-private partnerships. In addition, the visiting delegation toured Masdar City , where participants were briefed on leading public-private partnership projects in the UAE across various sectors, including energy, sustainability, and transport, showcasing the country's commitment to implementing effective and innovative solutions in infrastructure development and financing. The event was attended by H.E. Younis Haji AlKhoori , Undersecretary of the Ministry of Finance; H.E Antonio Freitas, Undersecretary for International Affairs, Brazil Ministry of Finance; H.E. Ambassador Tatiana Rosito , Secretary for International Affairs at the Brazilian Ministry of Finance; and H.E. Sidney Leon Romero , Brazilian Ambassador to the UAE. Flexible financing models: H.E. Younis Haji AlKhoori emphasised that hosting this high-profile event along with its accompanying seminar showcases the UAE's growing role as a trusted partner in shaping the future of global economic cooperation and redefining infrastructure financing in collaboration with the private sector, ensuring alignment with both sustainable development priorities and the dynamic requirements of tomorrow's economy. His Excellency said, 'Strengthening partnerships between the public and private sectors is a top priority for the UAE's vision, aimed at promoting sustainable growth. We are committed to adopting flexible and innovative financing models that not only facilitate the implementation of strategic projects in key sectors such as education, healthcare, clean energy, and transportation but also ensure that these investments yield both financial returns and lasting societal and environmental benefits.' His Excellency concluded by saying, 'Through these meetings, we look forward to establishing a sustainable platform for exchanging expertise between BRICS countries and their partner nations while strengthening the role of the private sector in driving economic transformation. This is especially crucial in light of growing global challenges that demand broader international coordination and more comprehensive and innovative financing strategies.' For her part, H.E. Ambassador Tatiana Rosito said: 'On behalf of the Brazilian Presidency of BRICS, I would like to extend my heartfelt thanks to all those who participated in this seminar. I would also like to reiterate our deep appreciation for the vital support and constructive partnership extended by the Government of the United Arab Emirates. I am confident that this seminar will further strengthen our cooperation and enable us to advance our shared goal of financing high-quality and impactful infrastructure projects across our countries. This Task Force meeting on Public-Private Partnerships and infrastructure holds symbolic significance, reflecting our collective aspiration to deepen ties among BRICS nations. Beyond the exchange of knowledge, its true value lies in fostering stronger bilateral and multilateral relations, and in identifying new opportunities for collaboration among all our countries.' Ahmed Baghoum, Chief Executive Officer of Masdar City, also noted: 'The visit by the BRICS delegation to Masdar City is a testament to our growing global reputation as a leading hub for developing sustainable and innovative development projects through the public – private partnership (PPP) model. 'We were honoured to highlight several of our flagship initiatives, including the regional headquarters of Siemens Energy, the headquarters of the International Renewable Energy Agency (IRENA), and the Mohamed bin Zayed University of Artificial Intelligence. We also briefed the guests on the Masdar City Free Zone, which hosts over 1,500 companies operating in clean tech, AI, and renewable energy. More than just milestones in urban development, these projects reflect the UAE 's commitment to embracing advanced solutions in financing and delivering infrastructure projects . At Masdar City, we firmly believe that global cooperation is key to accelerating sustainable development and achieving a balance between economic viability and social impact.' Dialogue sessions: The seminar featured a series of dialogue sessions that addressed key challenges and opportunities in the field of infrastructure project financing, highlighting BRICS countries' experiences and global best practices. The sessions covered a wide range of topics, including innovative financing models for social infrastructure projects such as housing, healthcare, and education. The seminar also touched on blended finance for climate-resilient infrastructure, with discussions also highlighting best practices in project structuring and preparation, investment challenges, alternatives to mitigate risks and the role of insurers. The second day was dedicated to in-depth discussions on government and industry perspectives: policy and implementation challenges, in addition to exploring the future of PPPs and infrastructure investment in light of evolving economic and technological landscapes.