Regional and International Partnerships and Agreements

Consolidating Financial and Economic Ties

The Ministry of Finance (MoF) has established strong partnerships with regional and international ministries and organisations to elevate the UAE’s global economic position, support sustainable development, and enhance international competitiveness. These strategic alliances span across GCC cooperation, Gulf Economic Integration, the Gulf Common Market, and various international investment and financial initiatives with leading global institutions.

Strengthening the UAE’s Financial, Economic and Commercial Ties

The MoF is committed to building strategic international partnerships to strengthen the UAE’s financial, economic, and commercial ties with international and regional organisations, development funds, and economically advanced countries with knowledge-driven expertise.
The International Financial Relations and Organisations Department, reporting to the Assistant Undersecretary for the International Financial Relations Sector, is responsible for:

  • Coordinating the UAE’s participation in joint economic commissions
  • Developing proposals and mechanisms to promote international financial relations
  • Monitoring the implementation of recommendations and agreements
  • Drafting and managing international memoranda of understanding (MoUs) to bolster the UAE’s financial standing
  • Strengthening financial and economic cooperation with countries, financial institutions, organisations, and development funds
  • Coordinating international aid programmes and collecting data on aid and donations granted by the UAE, in collaboration with relevant authorities
  • Supporting the UAE’s global competitiveness through financial diplomacy and engagement
Objectives of Partnerships
Foster an attractive investment climate and remove barriers to economic and investment activity in both public and private sectors
Promote the UAE as a leading global destination for investment
Leverage technical expertise and services from regional and international bodies
Implement global standards on competitiveness, transparency, and tax information exchange
Facilitate the free flow of capital across borders
Protect investments against risks such as nationalisation and expropriation
Expand access to new markets for intra-regional trade
Support exports, imports, and free trade
Prevent double taxation between the UAE and partner countries
UAE Engagement in Global Financial Platforms

The MoF works to strengthen the UAE’s international presence through active participation in major regional and global financial institutions and initiatives, including the International Monetary Fund, the World Bank Group, the OPEC Fund for International Development (OFID), the Deauville Partnership to Support Economic Reforms in Arab Countries, the International Fund for Agricultural Development (IFAD), and the Global Forum on Transparency and Exchange of Information.

International Monetary Fund (IMF)
International Monetary Fund (IMF)
World Bank
World Bank
OPEC Fund for International Development (OFID)
OPEC Fund for International Development (OFID)
International Fund for Agricultural Development (IFAD)
International Fund for Agricultural Development (IFAD)
Regional and International Organisations Hosted in the UAE
The UAE hosts several key international and regional institutions, underscoring its role as a global economic hub:
  • Office of the International Bank for Reconstruction and Development (IBRD)
  • International Finance Corporation (IFC)
  • International Centre for Biosaline Agriculture (ICBA)
  • International Islamic Centre for Reconciliation and Arbitration (IICRA)
  • Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
  • Arab Monetary Fund (AMF)
  • Regional Office of the Arab Authority for Agricultural Investment and Development (AAAID)
  • OECD Regional Centre for the MENA Region
  • Branch of the International Islamic Trade Finance Corporation (ITFC) of the Islamic Development Bank Group
  • OPEC Fund for International Development (OFID)
  • International Fund for Agricultural Development (IFAD)
  • Global Forum on Transparency and Exchange of Information