Arab Monetary Fund turns 50: Golden Jubilee celebrations in Abu Dhabi under the patronage of Mohammed bin Zayed

Under the patronage of President His Highness Sheikh Mohammed bin Zayed Al Nahyan, the Arab Monetary Fund is celebrating its Golden Jubilee on the occasion of the 50th anniversary of its establishment. The date coincides with the 17th regular session of the Council of Arab Finance Ministers, which will be held in the capital, Abu Dhabi, on Monday, September 28, 2026, hosted by the United Arab Emirates, and represented by the Ministry of Finance. The official ceremony highlights the Fund’s remarkable journey since its establishment in 1976, as one of the most prominent institutions of joint Arab action, and its pivotal role in establishing the foundations of economic and monetary integration, providing financial and technical support to enhance economic stability, and developing the financial and banking sectors in the Arab member states. The 17th session of the Council of Arab Finance Ministers will witness discussions on a number of working papers and strategic studies. The Arab Monetary Fund will present a report on the diagnosis and policies of public finance in Arab countries, and a report on the opportunities for artificial intelligence in fiscal policy and public finance, in terms of use cases and addressing challenges. The meeting will also review a working paper submitted by the World Bank Group on sustainable financing to achieve sustainable infrastructure, and a report from the Organisation for Economic Co-operation and Development on the latest developments in the application of tax decisions regarding base erosion and profit shifting. His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, First Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance, affirmed that the 50th anniversary of the founding of the Arab Monetary Fund represents a historic milestone, reflecting the success of the Arab vision in building leading financial institutions capable of supporting regional financial stability and achieving sustainable growth. His Highness said that the UAE’s hosting of this prominent Arab event, under the generous patronage of His Highness Sheikh Mohammed bin Zayed, confirms the country’s firm approach to supporting and assisting joint Arab action institutions. The Arab Monetary Fund has proven over five decades that it is a fundamental pillar in enhancing the resilience of Arab economies, and we see in the meeting of the Council of Arab Finance Ministers a strategic opportunity to confirm this integration and transform current economic challenges into new horizons to support the comprehensive development of the people of the region. For his part, Minister of State for Financial Affairs Mohammed bin Hadi Al-Husseini, affirmed that the Arab Monetary Fund stands today as a witness to five decades of continuous giving and success in serving Arab economies, noting that the Fund’s golden jubilee carries profound strategic implications that embody the maturity of joint Arab financial action and its ability to confront global changes. He added that the generous patronage of this historic celebration by His Highness Sheikh Mohammed bin Zayed confirms the unwavering support of the wise leadership in Arab financial institutions and their developmental mission. This occasion is not limited to celebrating a rich historical legacy in supporting and developing the financial and banking sectors, but rather constitutes a starting point towards a more integrated financial future, in which we focus on activating sustainable financing tools and employing digital innovation and artificial intelligence in financial policies, in a way that contributes to enhancing the resilience of Arab economies and their competitiveness on the international stage. The Golden Jubilee celebration includes a documentary showcasing the pivotal milestones in the journey of the Arab Monetary Fund and its most prominent developmental and financial achievements, along with special honouring ceremonies celebrating five decades of its remarkable contributions to supporting Arab countries. The Arab Monetary Fund is headquartered in Abu Dhabi. It is an Arab financial institution established in 1976, and its members include Arab countries. The Fund aims to establish the foundations of Arab economic and monetary integration, support financial and monetary stability in Arab countries, in addition to providing technical and financial assistance, and developing capabilities in the financial and banking sectors of member states.