The UAE, represented by the Ministry of Finance, hosted the first UAE-Russia Strategic Financial Dialogue in Abu Dhabi on 17 February.
The forum aimed to enhance collaboration in various financial and economic sectors, facilitating discussions on budget planning, public-private partnerships, and tax cooperation. The UAE delegation, led by Minister of State for Financial Affairs Mohamed bin Hadi Al Hussaini, included senior ministry officials.
Strengthening UAE-Russia Financial Cooperation
Al Hussaini welcomed the Russian delegation, reaffirming the UAE’s commitment to fostering financial and investment ties through knowledge exchange and joint policy development. He highlighted that the UAE-Russia partnership serves as a model for sustainable economic cooperation, promoting investment, financial integration, and tax collaboration. He also stressed that strengthening partnerships with major economies reinforces the UAE’s status as a global financial hub.
Siluanov emphasised the significance of the dialogue in deepening bilateral financial ties. He noted that both nations share common objectives in financial development, including digitalising budgeting processes and improving public-private partnerships.
UAE-Russia Sign Key Tax Agreement
The event also featured four panel discussions covering budget planning, financial technology integration, public-private partnerships, and international tax policies. Experts explored global taxation trends, regulatory developments, and the role of multilateral financial cooperation.
