Friday, September 22, 2023
Today's News
Friday, September 22, 2023
Today's News

UAE withdraws bid for 2026 World Bank-IMF meetings in favour of Qatar

UAE withdraws bid for 2026 World Bank-IMF meetings in favour of Qatar

The United Arab Emirates (UAE) has actually withdrawn its proposal to host the 2026 Globe Bank as well as International Monetary Fund meeting and will certainly rather support Qatar as a prospective host, the office of Qatar’s emir and the UAE’s state news firm said on Sunday, in the current indication of heating ties between the Gulf neighbors.

The choice came throughout a phone call between UAE Head of state Sheikh Mohammed container Zayed Al Nahyan and also Qatar’s emir Sheikh Tamim bin Hamad al-Thani, statements from state information company WAM and the Amiri Diwan said.

In Sunday’s phone call, Sheikh Mohammed pledged the UAE’s assistance for Qatar’s bid to organize the meetings as well as “desired the Emir as well as the people of Qatar every success in organizing this global celebration,” WAM’s statement stated.

Both leaders additionally “discovered areas for additional partnership,” the declaration claimed.

Saudi Arabia, the UAE, Bahrain and also Egypt in very early 2021 ended a 3-1/2 year embargo on connections with Qatar, yet relations between Doha and also Abu Dhabi had not heated up at the very same rate as those with Riyadh and also Cairo, which re-established diplomatic ties with Doha.

The political conflict that had seen Riyadh as well as its allies sever all connections with Qatar – over its assistance for Islamist teams that they consider a threat to Gulf dynastic regulation and its ties with rivals Iran and also Turkey – had smashed the six-nation Gulf bloc.

But relations in between Abu Dhabi and also Doha have actually warmed in recent months with Sheikh Mohammed seeing Qatar throughout the football World Cup last December.

Bahrain as well as Qatar last month held the first round of reciprocal talks focused on repairing connections. Abu Dhabi, like Manama, has actually not selected an agent to Doha, but recovered traveling as well as trade links with Qatar.

Last Updated:  13 March 2023

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