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الشارقة 24
Bank Al-Maghrib and Central Bank enhance partnership
The Central Bank of the United Arab Emirates and Bank Al-Maghrib signed memoranda of understanding to strengthen cooperation in banking regulation, Islamic finance, and the linking of payment systems and financial messaging between the two countries. The agreements include developing regulatory cooperation, exchanging expertise, and improving cross-border financial transactions, as well as exploring the use of central bank digital currencies and financial technology. The collaboration aims to enhance the efficiency of the financial sector and reinforce the economic partnership between the UAE and Morocco.
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