The Grand Duke and Grand Duchess of Luxembourg travelled to the United Arab Emirates (UAE) last Sunday in the company of Luxembourg Finance Minister, Pierre Gramegna, for three days of talks with Emirati ministers on bilateral relations and current political events.
The Luxembourg delegation met with UAE Foreign Minister, Sheikh Abdullah bin Zayed Al-Nahyan, and Minister of Culture, Youth and Social Development, Sheikh Nahyan Bin Mubarak Al Nahyan.
Participating in the World Government Summit in Dubai, Pierre Gramegna made a keynote speech during a Fintech session organised in collaboration with the IMF. The session was opened by Christine Lagarde, Executive Director of the IMF.
The Minister of Finance also had a working meeting with His Excellency Obaid al-Tayer, UAE Minister of State for Finance, to discuss bilateral relations between the two countries, agreeing to strengthen cooperation, particularly in the area of Fintech.
He also had a bilateral meeting with Jörg Gasser, Secretary of State in the Swiss Ministry of Finance.
On 13 February, the Grand Duke made the introductory speech to the finance seminar organised by Luxembourg under the theme "Luxembourg and UAE, partners in global finance,” attended by more than 300 local finance professionals. In his speech, Minister Gramegna highlighted the growth prospects of the European economy and the place of Luxembourg as a financial hub at the heart of the European Union.
The Minister of Finance was also the keynote speaker at the MENA Financial Summit of the Institute of International Finance, which brings together the main actors in international finance. He presented his view of current economic and political developments in Europe and at the global level.
Finally, the Grand Duke and the Grand Duchess and the Minister of Finance held meetings with high-level representatives of the UAE's financial sector to promote the financial centre of Luxembourg.
Image: The Grand Duke. © LFF
