His Excellency Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, stressed that Union Pledge Day marks a pivotal moment in the nation’s history, one that continues to inspire a national vision guiding the UAE’s financial future.

In a statement to mark the occasion, His Excellency said: “On Union Pledge Day, we proudly recall the historic moment when the Founding Fathers gathered under the banner of unity and determination to lay the first foundations of a Union born of vision and will, rooted in values that placed people at the heart of development and established the Union as a steadfast framework for the future.

On 18 July 1971, a glorious chapter in the nation’s history was written with the signing of the Declaration of the Union and the Constitution, officially proclaiming the establishment of the United Arab Emirates.”

Al Hussaini added: “This day is not merely a date we commemorate; it is a renewed pledge to the promise made by the Founding Fathers to the homeland and its people. It is an annual reminder that the remarkable achievements we see today would not have been possible had it not been for the solid foundation upon which the the Union was built and for the national commitment to preserving and advancing its values.

“We, at the Ministry of Finance, we view our responsibility as one that is renewed every year.  Not only do we strive to uphold this responsibility, but we are also committed to translating the principles of the Union into sound fiscal policies that enhance public financial management, strengthen financial sustainability, and open new horizons for future generations to confidently carry the journey forward.”

Concluding his remarks, His Excellency stated: “On Union Pledge Day, we stand in reverence of a history shaped by visionary leaders, and we renew our pledge to keeping the UAE flag flying high. The Ministry of Finance will spare no effort to reinforce the resilience and effectiveness of the national financial system and develop its tools in line with the ‘We the UAE 2031’ vision. Our end goal has been and will continue to be achieving our leadership’s aspirations of building a sustainable development model in which the Union remains a lasting source of strength and inspiration.”