The Central Bank of the UAE has signed a memorandum of understanding with Dubai Finance to strengthen cooperation focused on developing the UAE’s capital markets, including by leveraging the Central Bank’s financial infrastructure. Under the MoU, Dubai Finance Department will be able to use the Central Bank’s advanced financial infrastructure to issue AED-denominated government bonds. The cooperation also covers financial technology, payment systems, development of a central bank digital currency platform, and support for innovative financial services aimed at enhancing financial inclusion, alongside capacity-building through training programmes and the exchange of expertise.
Central Bank of the UAE 2025-09-29
Central Bank of the UAE and Dubai Finance sign MoU to support AED government bond issuance and capital market development
The Central Bank of the UAE and Dubai Finance signed a memorandum to enhance cooperation in developing the UAE's capital markets. The agreement allows Dubai Finance to use the Central Bank's infrastructure for issuing AED-denominated government bonds and covers financial technology, payment systems, and a central bank digital currency platform. It also includes initiatives for financial inclusion and capacity-building through training and expertise exchange.