UAE, Israel to establish committee for banking cooperation

  ABU DHABI – The UAE and Israel on Tuesday (September 1) signed a Memorandum of Understanding for future cooperation in the banking and financial sector. The MoU was signed by UAE Central Bank Governor Abdulhamid Saeed Alahmadi and Israel Prime Minister’ Office Director General Ronen Peretz. During the meeting in Abu Dhabi, the parties agreed to form working groups and bilateral committees to facilitate banking between the UAE and Israel. The MoU was signed in the presence of Meir Ben-Shabbat, National Security Adviser and Head of the Israeli National Security Council. ICA/WAM/Expat Media
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