The new bureau will be located in Abu Dhabi Global Market, the international financial centre on Maryah Island.
Serving as the World Bank’s platform in the UAE, the new bureau will exercise its full functions including the facilitation of research on relevant policy issues, providing technical assistance to local governments on appropriate sustainable development programmes, and supporting initiatives that increase shared prosperity.
"The UAE has been a strategic partner of the World Bank Group on various levels. We are grateful to the government of UAE and ADGM for supporting the establishment of this office which will help us strengthen our partnership," said Ferid Belhaj, World Bank Vice President for the Middle East and North Africa.

UAE responds to new wave of missile threats
UAE cracks down on price hikes for essential items
Etihad Rail Freight keeps UAE supply chains moving
UAE Foreign Minister discusses regional developments with global partners
Rain and dusty winds forecast across parts of UAE
UAE intercepts 8 ballistic missiles, 26 drones on Tuesday
NATO ambassadors to hold meeting with Gulf partners next week
