5 Hrs
Source:
الصحيفة
Al-Maghrib and UAE Central Bank Memoranda
Both Bank Al-Maghrib and the Central Bank of the United Arab Emirates signed memoranda of understanding to strengthen cooperation between them in the fields of banking supervision, Islamic finance, and the linking of payment systems and financial messaging between the two countries. The second memorandum aims to explore linking instant payment platforms and financial messaging systems to facilitate cross-border transactions and share expertise in digital currencies and financial infrastructure, thereby improving the efficiency of international financial transactions and supporting economic and trade cooperation between Morocco and the UAE. This step is considered important for enhancing financial coordination and innovating advanced payment solutions between the two nations.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)