✉news BusinessBanking first seen 11 h ago, last 28 min ago, peak #28
UAE and Syria Central Banks Sign Financial Cooperation Agreement
Original: UAE & Syria Central Banks Sign Financial Cooperation Agreement
The central banks of the United Arab Emirates and Syria have signed a financial cooperation agreement, according to regional reporting. The deal signals a step toward rebuilding financial ties between the Gulf state and Syria as the country emerges from years of isolation. Details of the agreement's scope, including any provisions on payments, banking regulation or reconstruction finance, have not been disclosed.
Why now: It marks a notable normalisation of financial relations with Syria at a time when the country is re-engaging with regional partners.
United Arab EmiratesSyriaCentral Bank of the UAECentral Bank of Syria
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