UAE and Israel sign MoU to cooperate in banking and financial sector

WAM

The UAE and Israel have agreed to set up a joint committee to cooperate on financial services.

His Excellency Abdul Hamid Muhammad Saeed Al Ahmadi, Governor of the UAE's Central Bank, and Ronen Barts, Director General of the Israeli Prime Minister's Office, have signed a memorandum of understanding (MoU) for future cooperation in the banking and financial sector.

The two sides came to the agreement during a meeting in Abu Dhabi, after an Israeli delegation arrived in Abu Dhabi on a historic trip to finalise a pact between the UAE and the State of Israel. 

More from Business

Coming Up on Dubai Eye

  • The Reboot

    10:00am - Noon

  • The Best of Dubai Eye 103.8

    Noon - 7:00pm

    Hear the highlights from the week gone by on Dubai Eye 103.8. Listen again to the best interviews, advice and the top stories that has gripped our conversation this week.

BUSINESS BREAKFAST LATEST

On Dubai Eye

  • Is There Sufficient House Supply In UAE

    Dubai’s current population is more than double compared to almost twenty years ago, which now stands at 3.7 million. Lots of families are also moving to the UAE now. So what does it mean for the property market?

  • Noon's First Female Delivery Driver

    Glory Ehirim Nkiruka is Noon’s first ever female delivery driver. In her first ever interview, she explained why she loves her job, despite the heat!