CBUAE Concludes Participation in G20 Meetings in the United States
UrduPoint / Pakistan Point News / WAM – 02nd Sep, 2026
ABU DHABI: The Central Bank of the UAE (CBUAE) has concluded its participation in the Fourth G20 Finance and Central Bank Deputies Meeting and the Second G20 Finance Ministers and Central Bank Governors Meeting, held in Asheville, North Carolina, United States from 29th August to 1st September 2026, under the United States‘ G20 Presidency for 2026.
The CBUAE delegation was led by Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability, and included Mohamed Hussain Al Marzooqi, Head of International Relations, and Maryam Abdulla Alzaabi, Manager, Multilateral Affairs.
Key Interventions:
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Inflation Expectations: Ebrahim Obaid Al Zaabi addressed inflation expectations in the context of global economic shocks and structural shifts. He also discussed the role of central bank communication policies.
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Monetary Policy Challenges: He highlighted the challenges central banks face in conducting monetary policy amid rapid changes, including trade and geopolitical developments, the rapid evolution of artificial intelligence, shifting supply chains, and demographic trends.
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Financial Literacy and Fraud: Al Zaabi emphasized the importance of enhancing financial literacy and equipping individuals with skills to make informed financial decisions and mitigate fraud risks. He also stressed the need for stronger information sharing and coordination between the public and private sectors, as well as international cooperation to combat cross-border financial fraud.
This participation underscores the UAE’s commitment to engaging in international economic and financial forums, reflecting its active role in supporting efforts to enhance global financial stability and keep pace with ongoing transformations.
