The UAE became a member of the World Bank in 1972. The World Bank office in the UAE was established in 2019 with the mandate to provide support to the government’s diverse and ambitious growth objectives as outlined in Vision 2031. As the UAE continues its transformation from an oil-dependent economy to a global leader in innovation, digital technology, and sustainability, the World Bank in the UAE has focused on supporting the UAE’s long-term strategy through advisory and technical expertise, knowledge partnerships, and capacity building.
The World Bank’s engagement covers public sector reform, fiscal management, regulatory reform, education, healthcare, renewable energy, water, and women’s economic empowerment.