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Banking on success

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World Bank and IMF delegates landing in Dubai later this month will arrive to a world-class welcome

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In a major boost to Dubai's global image, the emirate has been chosen to host the 58th Annual Meeting of the World Bank and International Monetary Fund on September 23 and 24.

This meeting of the boards of governors of both bodies is the largest and most significant of its type to take place in the region. Dubai was selected because of its excellent infrastructure and because it is a growing regional financial centre.

All the big names will attend, including World Bank president James Wolfensohn, IMF managing director Horst Kohler and Gordon Brown, Chancellor of the Exchequer.

The event - billed Dubai 2003 - will be held at the new Dubai International Convention Centre which was purpose-built for the IMF and World Bank event; building began as soon as the emirate was selected as the host by the international bodies.

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Its construction demonstrates the importance the government attaches to meetings which showcase Dubai to the world, and further emphasises the administration's 'can do' attitude.

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