Wednesday, April 3, 2013

$81b needed to fill food gap


The Arab world needs regional cooperation and joint projects to deal with economic obstacles, Shaikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, said at the Arab Finance Ministers meeting in Dubai on Tuesday.

In his keynote address, he also emphasised that food security is one of the main challenges and nearly $81 billion of investment is needed to fill food gap.

The UAE hosted the annual meetings of Arab financial institutions and the fourth meeting for the Council of Arab Finance Ministers in Dubai. The meetings were attended by ministers of finance and economy of Arab countries, governors of central banks, managing directors of Arab financial institutions in addition to regional and international observers and analysts and accompanying delegations.


Read more: http://www.khaleejtimes.com/biz/inside.asp?section=uaebusiness&xfile=/data/uaebusiness/2013/April/uaebusiness_April59.xml

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