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2026-10-02T18:57:00.000Z

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Emirati-Syrian Partnership in Banking

Emirati-Syrian Partnership in Banking

The Central Bank of the United Arab Emirates and the Central Bank of Syria signed a memorandum of understanding to strengthen cooperation in financial and regulatory fields, with the aim of exchanging expertise and developing payment systems and monetary policies. Additionally, the agreement seeks to promote financial inclusion and modernize banking infrastructure. The memorandum aims to support the stability of the financial sector, improve its efficiency, and enhance the capabilities of both countries in facing regional and international developments, with a focus on monetary management, financial technology, and risk management. This step is part of joint efforts to foster banking partnership and develop sustainable financial policies.

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