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The Boards of Governors of the World Bank and the International Monetary Fund (IMF) have selected Dubai as the next to hold its annual meeting in September next year.

The gathering, on September 23 and 24, 2003, is the world's leading economic and business event and is taking place in the Middle East for the first time, bringing with it challenges and opportunities.

The World Bank/IMF meeting called Dubai 2003 and the organisation set up by the Dubai Government is under the chairmanship of Sheikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister for Finance and Industry.

Sheikh Hamdan said that this event will create a tremendous opportunity to communicate with the world's business leaders about the promise of Dubai and the United Arab Emirates."

Ibrahim Belselah, General Coordinator of Dubai 2003, recently attended a meeting of airline and freight company representatives called by Rashid Al Noori, chairman of Dubai 2003's International Transport and Freight Services Committee, one of 10 management committees handling different aspects of organisation. Belselah said:"This is a unique opportunity for Dubai to reach the key global decision makers and to show what we have to offer.

Our aim is to affirm the credibility of our financial stability and to market Dubai as one of the fastest developing financial centres in the world."

Al Noori called on all companies present to ensure their head offices were fully briefed and to provide full support to ensure the Dubai 2003's success. "Dubai 2003 will showcase Dubai for hotel, travel, exhibition and convention business; place the UAE and its cities in the first division of cities worldwide; provide a major expenditure boost across all areas of business and create a lasting legacy of world class expertise and experience," he said. Some 20,000 delegates and journalists are expected to come to Dubai, including 20 heads of state, Government Ministers, delegates and media.

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Copyright 2001 The Associated Newspapers of Ceylon Ltd.
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