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2/22/24, 3:37 PM UAE participates in 113th Arab Economic and Social Council meeting in Cairo | Emirates News Agency
held at the General Secretariat of the Arab League in

Cairo, chaired by the Hashemite Kingdom of Jordan and

attended by delegations from member states.

The meeting discussed strengthening of Arab

cooperation on various economic and social issues and

ways to operationalise the executive decisions approved

by the Council during its previous meetings.

The Minister of Economy emphasised that the UAE,

under the guidance of its wise leadership, is keen to

support joint Arab efforts, develop mechanisms and

action plans that will open up new prospects to support

sustainable economic development, as well as

strengthen cooperation with other Council member

states in the sectors of the new economy, tourism,

digital transformation, entrepreneurship, and SMEs.

Bin Touq pointed out that Arab economies have proven

their ability to confront political, climatic and health

changes over the past few years, and the importance of

their geographical location is that it facilitates the global

trade movement. According to the International

Monetary Fund (IMF), the Arab countries’ GDP growth

rate reached 1.8 percent in 2023, or nearly US$3.4

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