The Arab Financial and Economic Cooperation Organization, at its seventeenth meeting on Monday in Abu Dhabi, United Arab Emirates, addressed the financial and economic issues of Arab countries. A delegation led by Sultan Salem Al-Habsi, the Minister of Finance of Oman, participated in this meeting.
Review of Challenges and Opportunities
The meeting discussed various topics related to Arab financial and economic affairs, aiming to enhance coordination and cooperation among Arab countries and exchange views and experiences regarding economic and financial developments and the challenges facing Arab economies.
Read more: Oman allocates 10 million Omani for a new job enhancement plan for government employees
The Role of Artificial Intelligence and Sustainable Financing
During this session, several financial and economic topics were discussed, including the identification of financial policies in Arab countries, the importance of using artificial intelligence in tax management, and the impact of sustainable financing on achieving sustainable infrastructure. Recent developments regarding the implementation of tax decisions and issues related to strengthening Arab financial and economic cooperation were also reviewed, which help support financial and economic stability and exchange best practices among member countries.
Sultan Salem Al-Habsi, the Minister of Finance of Oman, and Ahmed Jafar Al-Maslumi, the Governor of the Central Bank of Oman, along with several officials from the Ministry of Finance and the Central Bank of Oman, participated in the celebration of the fiftieth anniversary of the establishment of the Arab Monetary Fund.
The participating delegation will also attend a high-level workshop titled "Macroeconomic Resilience in the Face of Geopolitical Fluctuations" to be held on Tuesday. This workshop will examine the implications of geopolitical changes and fluctuations and their consequences for financial and economic stability, as well as policies and measures that can help strengthen the resilience of Arab economies.
Read more: Oman Statistics and Information Center launches consumer confidence survey · Oman and Indonesia collaborate on developing medical tourism
