Mansour Bin Zayed Chairs Second Meeting Of Financial Stability Council For 2025
His Highness Sheikh Mansour bin Zayed Al Nahyan, Vice President and Deputy Prime Minister, led the second Financial Stability Council meeting for 2025. This gathering was part of the UAE Government Annual Meetings in Abu Dhabi. Sheikh Mansour commended the Council's role in fortifying the UAE's financial system and enhancing coordination among relevant authorities.
The meeting attendees examined regional and global economic trends and their impact on the UAE's financial stability. They also discussed technical and innovative initiatives to bolster the UAE's global standing. The Council reviewed a report on local and international financial stability for the first nine months of 2025, highlighting the system's resilience against global challenges.
Sheikh Mansour emphasised that financial stability is crucial for sustainable growth and economic diversification. He noted that these elements are vital for enhancing the UAE’s competitiveness globally. The national economy, he stated, has strong foundations to tackle challenges due to wise leadership, balanced policies, and a robust financial infrastructure.
The meeting also covered updates from the Technical Advisory Committee and taskforces within the Council. Progress in implementing mandates was assessed, showcasing efforts to maintain a resilient financial environment. These discussions underscored the importance of ongoing initiatives aimed at reinforcing the UAE’s leading position globally.
Prominent figures attended this significant meeting. Among them were Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs; Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE); Ahmed Jasim Alzaabi, Chairman of Abu Dhabi Global Market; Younis Haji Al Khoori, Undersecretary of the Ministry of Finance; Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability at CBUAE; and Ibraheem Al Sayed Mohamed Al Hashemi, Assistant Governor - Executive Office and Secretary General of CBUAE Board.
The discussions highlighted how coordinated efforts among these key officials contribute significantly to maintaining financial stability in the UAE. Their collaboration ensures that strategic objectives are met effectively while addressing both local and international economic developments.
This meeting reinforced commitment towards strengthening financial systems amidst evolving global challenges. By focusing on innovation and strategic planning, the Council aims to secure a stable economic future for the UAE.
With inputs from WAM
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