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EXHIBITIONS, EVENTS ETC. - DUBAI 2003-WORLD BANK/IMF CONVENTION

World Bank master plan for UAE

Posted on 08/10/2002

The World Bank is preparing a master plan to help finance a major technology development project for the UAE, according to Ibrahim Belselah, general coordinator of Dubai 2003 - the body set up to host the 58th annual meetings of World Bank Group and IMF. Without giving details, Belselah added that the annual meetings to be held here September next, will be chaired by Swiss Finance Minister Kaspar Villiger. It was also announced that after two meetings in Washington, the next international ...  >>MORE

Dubai 2003 team gets positive international response

Posted on 02/10/2002

The Dubai 2003 delegation to the 57th Annual Meetings of the Boards of Governors of the International Monetary Fund and World Bank Group said their visit was a tremendous success and they have been overwhelmed by the positive international response to what Dubai and the UAE will have to offer at the 58th Annual Meetings to be held in September 2003. World Bank Group and International Monetary Fund officials have now formally handed over the responsibilities for hosting the next meetings to the ...  >>MORE

UAE: venue of World Bank and IMF meetings in 2003

Posted on 30/09/2002

Washington - The attention of the financial world has turned to the UAE as the venue of the 2003 meetings of the World Bank and the International Monetary Fund, IMF. Dr. Mohammed Khalfan bin Kharbash, Minister of State for Financial and Industrial Affairs, made the remarks yesterday during a reception he held on the sidelines of the World Bank and IMF meetings in Washington. Kharbash said that the participants in the Washington meetings had were keen to know the arrangements undertaken by the ...  >>MORE

Dubai's efforts to hold mega meets hailed

Posted on 30/09/2002

World Bank president James P. Wolfensen has praised Dubai efforts to hold next year's annual meetings of the World Bank Group and International Monetary Fund. "We chose Dubai after they suggested that they would like us to come, and it took us very little time to recognise that the government was extremely anxious to do this. When we explored how they planned to do it, I have to say we were deeply impressed. "I, myself went over there to take a look and my colleagues have been working with them ...  >>MORE

Dubai 2003 launches key campaign

Posted on 29/09/2002

The Dubai 2003 delegation to the annual meetings of the World Bank Group and International Monetary Fund (IMF) has started to register delegates for next year's meetings and offer them the opportunity to use the new 'Smart Card' technology at Dubai International Airport on arrival next September. Representatives of the Naturalisation and Immigration Department are with the Dubai 2003 delegation in Washington and have taken equipment with them to prepare the innovative cards, register ...  >>MORE

Dubai 2003 launches key campaign

Posted on 29/09/2002

The Dubai 2003 delegation to the annual meetings of the World Bank Group and International Monetary Fund (IMF) has started to register delegates for next year's meetings and offer them the opportunity to use the new 'Smart Card' technology at Dubai International Airport on arrival next September. Representatives of the Naturalisation and Immigration Department are with the Dubai 2003 delegation in Washington and have taken equipment with them to prepare the innovative cards, register ...  >>MORE

Limousine cars for WB-IMF joint meetings

Posted on 28/09/2002

Prominent figures who will attend the annual joint meetings of the World Bank and International Monetary Fund, IMF, scheduled here in September next year, will be provided with luxurious limousine cars during their stay in the UAE. An agreement to provide 52 E08 limousine vehicles was signed today in Paris between Dubai 2003 Committee, a panel set up to prepare for the meetings, and the chairman of Audi automobiles company whereby the famous German car manufacturers will consign the luxurious ...  >>MORE

Bid to promote Dubai 2003

Posted on 03/09/2002

Promotional kits will be sent to the international diplomatic corps in the UAE and to key Federal Government departments in a bid to promote Dubai 2003. The move follows a successful briefing, earlier this year, by Dubai 2003 organisers to senior representatives of the diplomatic corps, Federal Government and leading business people in Abu Dhabi. In September next year, up to 20,000 visitors are expected to attend the event which includes the Annual Meetings of the World Bank and the IMF. To be ...  >>MORE

New initiative launched to promote Dubai 2003

Posted on 02/09/2002

Dubai 2003, the event that will host the annual meetings of the World Bank and the International Monetary Fund in September next year, has launched a new promotional initiative by sending promotional kits to the international diplomatic corps in the UAE and to key federal government departments. The move follows a briefing by Dubai 2003 organisers for senior representatives of the diplomatic corps, federal government and leading businessmen held earlier in the year in Abu Dhabi to outline ...  >>MORE

Details of bond issue likely soon

Posted on 22/05/2002

A decision on the launch date and related details, of Dubai's Dh1.5 billion bond issue is imminent, confirmed a senior official. The proceeds from the issue will go towards the finances required for the 2003 summit of the World Bank and IMF in Dubai. The official added that the local currency denominated bond could be opened to subscription by foreign institutions. On whether retail investors would be able to do so, he said: "All these details are being worked on. But they can participate in ...  >>MORE

Hamdan lauds UAE's progress

Posted on 15/05/2002

Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and Minister of Finance and Industry, yesterday said the selection of the UAE to host meetings of the governors of the IMF and World Bank in Dubai 2003 shows the progress achieved by the UAE in all fields, WAM reports from Dubai. He made these remarks in a speech delivered on his behalf by Sheikh Hasher Maktoum, Dubai Director of Information, at the opening of the first World Financial and Business Forum. Sheikh Hamdan said the UAE's ...  >>MORE

Dubai 2003 plans reviewed in US

Posted on 29/04/2002

Dubai's plans for hotel accommodation, transportation, special guests and visitors during the 2003 meeting of the World Bank and IMF in Dubai were discussed in Washington recently. Ibrahim Belselah, general coordinator for Dubai 2003, led the planning meetings with the Joint Secretariat and met the secretaries of the World Bank and IMF in the U.S. capital. "The Joint Secretariat was especially impressed with the way we have handled hotel accommodation. With the grouping of hotels by quality and ...  >>MORE

Dubai 2003 project report reviewed

Posted on 13/03/2002

A report on the preparations for Dubai 2003, was yesterday reviewed by Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai, UAE Minister for Finance and Industry and chairman of the Dubai 2003 Steering Committee. "Sheikh Hamdan was pleased to see substantial progress being made on the various projects that are so important to the success of these meetings," said Dr. Mohammed Khalfan bin Kharbash, Minister of State for Finance and Industry, and deputy chairman of the committee. "As ...  >>MORE

Dubai bonds to raise Dh1.5b

Posted on 16/01/2002

Dubai 2003 - the body set up to host the World Bank and IMF meeting in the emirate - plans to issue bonds worth Dh1.5 billion by April-end. The first bonds to be issued by the Dubai Government will be listed on Dubai Financial Market (DFM). The bonds will most probably be issued globally. This will provide an outstanding opportunity for investors to participate in the growth of the UAE as well as raise the financial profile of Dubai. The money raised will help finance the hosting of 2003 ...  >>MORE

Fleet of 250 special coaches for Dubai 2003

Posted on 08/01/2002

Qassim Sultan, Director General of Dubai Municipality and Chairman of the Organising Committee of World Bank-IMF meetings, Dubai 2003, has approved the purchase of 250 special coaches for transporting the delegates. Dubai 2003 is scheduled to be held in September 2003. The new coaches will be added to the fleet of the Public Transport of Dubai Municipality later. The bus routes and the methods of service will be decided later. Along with the purchase of the new 250 coaches, an agreement has ...  >>MORE

Emirates in pact with Dubai 2003

Posted on 27/12/2001

Emirates Airline yesterday signed a Dh20 million partnership agreement with Dubai 2003, organisers of the annual meetings of the World Bank-IMF board of governors, scheduled during September 2003 in Dubai. The MoU was signed by Sheikh Ahmed bin Saeed Al Maktoum, President of Dubai Civil Aviation and Chairman of Emirates Group, and Qassim Sultan, director general of Dubai Municipality, and chairman of the Dubai 2003 Organising Committee. Ibrahim Belsalah, general coordinator of Dubai 2003, was ...  >>MORE

Work on Dubai 2003 projects in full swing

Posted on 20/10/2001

Tendering for the second package of Dubai Conventions Centre, comprising the office tower and podium, is currently under way, with the contract to be awarded in six weeks, Ibrahim Belselah, co-ordinator general of the Dubai 2003 IMF World Bank Conference, said yesterday. The contract will be worth around Dh160 million, he said. "The third package, worth around Dh120 million for equipment supply, will be awarded mid-2002," he added. The office tower will include some 955 small offices aimed at ...  >>MORE

Dubai 2003 expense may reach Dh1b

Posted on 08/09/2001

Around Dh1billion will be spent on Dubai 2003 - the first ever World Bank/International Monetary Fund convention to be held in any Arab country. Around Dh600 million will be spent on the multi-storied convention centre and the massive infrastructure face-lift the city will receive in connection with this prestigious event to be attended by 20,000 odd people in all. While expenditure on the infrastructure will be solely borne by Dubai Government, the other expenses to be incurred for Dubai 2003, ...  >>MORE

IMF, World Bank meet to boost image of UAE

Posted on 18/07/2001

A joint meeting of International Monetary Fund and World Bank to be held in Dubai in 2003 will give a big boost to the UAE, which will be the first Arab country to host such a prestigious event, according to Dr Jassim Al Manai, Director General of the Arab Monetary Fund. During the meeting, the spotlight, he said, would be on the UAE with delegations from all over the world having gathered in the country to discuss major international economic issues. Dr Al Manai was speaking on 'Joint Arab ...  >>MORE

Dh160m set aside for Dubai 2003

Posted on 21/05/2001

The first Dh160 million has been budgeted to prepare for "Dubai 2003", the three-day annual meeting of the board of governors of the World Bank and the International Monetary Fund (IMF) scheduled for September 2003. "The host country bears the cost of having everything in place in time for the event. The Dh160 million is just the initial budget requirements and we will look at topping it up when required," said Ibrahim Belselah, general co-ordinator of Dubai 2003. Hundreds of millions of ...  >>MORE

Dubai plans crucial finance meets

Posted on 25/04/2001

Construction work in Dubai will come to a standstill with all heavy goods trucks and pick-ups banned from the roads, for two weeks in September 2003 when the emirate hosts sensitive international finance meetings. Thousands of VIPs and Internationally Protected People, IPPs, will attend the annual meetings of the World Bank Group and International Monetary Fund. Approximately 20,000 people will converge from all over the world for the two-week long meetings, including 12,000 to 14,000 ...  >>MORE

Dubai 2003 Office turn global spotlight on UAE

Posted on 25/04/2001

Consultants have been appointed for the new 3,500 plus seating Convention Centre in the grounds of the Dubai World Trade Centre. It will host the annual meeting of the board of governors of World Bank and International Monetary Fund, IMF, who will meet for the first time in the UAE in 2003. Dubai 2003 Office was established under two ministerial decrees by Sheikh Hamdan bin Rashid Al Maktoum, Dubai Deputy Ruler and UAE Minister of Finance and Industry, last year to handle the project of hosting ...  >>MORE

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