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UAE and Syria central banks sign fintech cooperation agreement

Original: UAE and Syria Central Banks Sign Landmark MoU to Boost Fintech and Financial Stability

The central banks of the United Arab Emirates and Syria have signed a memorandum of understanding covering cooperation on fintech, financial technology development and financial stability. The agreement marks a notable step in financial-sector engagement between the two countries and is expected to support modernisation efforts and closer regulatory ties between the UAE and Syria.

Why now: It signals a notable thawing and deepening of financial ties between the UAE and Syria at a time of renewed regional engagement with Damascus.

Central Bank of the UAECentral Bank of SyriaUnited Arab EmiratesSyria

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