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

  • ADX, DFM to resume trading

    Trading and settlement activities on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will resume on Wednesday, March 4.

  • UAE, Ecuador announce CEPA agreement signing

    His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, and President of Ecuador Daniel Noboa have announced the signing of a Comprehensive Economic Partnership Agreement (CEPA) between the two nations on Sunday.

  • DFSA announces closure of Nasdaq Dubai exchange

    The Dubai Financial Services Authority (DFSA), has announced the temporary closure of Nasdaq Dubai exchange on Monday, March 2, and Tuesday, March 3, due to the ongoing regional developments.

  • UAE capital markets to remain closed until further notice

    The UAE Capital Market Authority has announced that the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM) will be closed from Monday, 2 March 2026, until further notice.

Coming Up

  • Dubai 92 Chilled

    10:00pm - Midnight

  • Dubai 92 Chilled

    Midnight - 1:00am