CBUAE, Singapore central bank discuss digital payments and green finance
The Central Bank of the United Arab Emirates (CBUAE) held a bilateral meeting with the Monetary Authority of Singapore (MAS) in Bangkok on the sidelines of the 2026 Annual Meetings of the International Monetary Fund and the World Bank Group. The discussion focused on ways to further develop cooperation between the two authorities.
As an Amazon Associate we earn from qualifying purchases.
CBUAE officials at the meeting included Ebrahim Obaid Al Zaabi, Assistant Governor for Monetary Policy and Financial Stability; Ahmed Saeed Al Qamzi, Assistant Governor for Banking and Insurance Supervision; and Mohamed Hussain Al Marzooqi, Head of International and Domestic Affairs. They met with Leong Sing Chiong, Deputy Managing Director (Markets and Development) of MAS, along with several senior officials.
The two sides discussed cooperation on central bank digital currencies, cross-border trade and settlements, and cross-border payments using QR codes. They also discussed green finance and the management of climate-related financial risks.
Al Qamzi said the partnership between the two authorities spans more than 17 years and that both sides are looking to broaden it into cross-border payment and settlement solutions. He said the aim is to facilitate trade and investment flows and support knowledge exchange between the institutions.
As an Amazon Associate we earn from qualifying purchases.
The meeting builds on a memorandum of understanding signed in 2009.
