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UAE and Syrian central banks sign cooperation agreement

Original: CBUAE and Central Bank of Syria sign MoU on financial and technical cooperation

The Central Bank of the UAE and the Central Bank of Syria have signed a memorandum of understanding on financial and technical cooperation. The agreement covers collaboration between the two institutions on banking supervision, financial infrastructure and technical expertise. It marks a step toward rebuilding financial ties between the two countries as Syria's banking sector re-engages with regional counterparts.

Why now: Renewed engagement between the UAE and Syria's central banks signals shifting regional financial relations and potential rebuilding of Syria's banking sector.

Central Bank of the UAECentral Bank of SyriaUnited Arab EmiratesSyria

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