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.
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