Al Ula: Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, participated in the opening session of the Al Ula Conference for Emerging Market Economies, which focused on enhancing resilience and adaptability in a changing global landscape.
According to Bahrain News Agency, the conference was inaugurated in Al Ula by Mohammed bin Abdullah Al Jadaan, Saudi Minister of Finance, in the presence of Kristalina Georgieva, Managing Director of IMF. It is jointly organised by the Saudi Ministry of Finance and the International Monetary Fund (IMF). The event was attended by Khalid bin Ibrahim Al Humaidan, Governor of the Central Bank of Bahrain.
Shaikh Salman bin Khalifa highlighted the importance of forums that facilitate knowledge exchange and support economic development in the region. He noted the significance of the Al Ula Conference for Emerging Market Economies as a platform for discussing financial and economic developments, addressing challenges, and enhancing international economic cooperation.
He emphasised Bahrain's commitment, under the leadership of His Majesty King Hamad bin Isa Al Khalifa and with the support of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to advancing joint efforts for sustainable development and economic partnerships. He highlighted that such initiatives contribute to regional economic integration and growth.
He noted that the conference reflects the participating countries' commitment to enhancing economic dialogue and cooperation. He noted that it provides a platform for decision makers and experts to explore innovative solutions to global economic challenges. He added that the event supports the exchange of the best practices and financial policies that enhance economic stability and drive sustainable growth, further developing emerging markets' resilience to economic shifts.
The conference brings together finance ministers, central bank governors, and economic leaders to discuss key financial and economic policies for emerging and developing markets.