UAE Hosts Landmark Workshop with New Development Bank to Advance Sustainable Development Projects
The UAE Ministry of Finance, in collaboration with the Independent Evaluation Office of the New Development Bank (NDB), co-hosted a high-level technical workshop in Dubai, marking the first event of its kind in the region.
Centered on “Learning from global experiences on approaches and practices for sustainable development projects,” the workshop focused on evaluation, internal audit, compliance, and investigation practices, aiming to bolster sustainable development efforts.
The event brought together over 100 attendees, including government representatives, private sector leaders, and international entities such as UN Women, the UN World Food Programme, and the Asian Infrastructure Investment Bank. Notable UAE attendees included Younis Haji AlKhoori, Undersecretary of the Ministry of Finance, and other key Ministry officials. Diplomats from Russia, China, Bangladesh, and Algeria were also in attendance.
During his opening remarks, Younis Haji AlKhoori highlighted the UAE’s commitment to sustainable development and international cooperation, positioning the workshop as a platform for fostering partnerships among Global South nations.
“Investment in sustainable infrastructure is key to achieving comprehensive development,”
he emphasized.
Ashwani K. Muthoo, Director General of the NDB’s Independent Evaluation Office, reiterated the workshop's importance in enhancing capacity-building for sustainable infrastructure projects, underscoring the UAE’s role in supporting the bank’s sustainability agenda.
The workshop featured three sessions on evaluation, internal audit standards, and compliance practices, addressing challenges and trends in infrastructure projects. Since joining the NDB in 2021, the UAE has played a pivotal role in driving sustainable development within the BRICS-aligned bank, reinforcing its position on the bank's board and demonstrating its commitment to global prosperity and sustainability.
News Source: Emirates News Agency