UAE, US discuss boosting banking cooperation

United Arab Emirates, March 5, 2019

ABU DHABI, 4th March, 2019 (WAM) -- AbdulAziz Al-Ghurair, Chairman of UAE Banks Federation, together with CEOs of leading UAE banks, received Sigal Mandelker, the US Under Secretary of the Treasury, and Paul Khuri, the recently-appointed US Treasury Attache to the UAE and the Sultanate of Oman, along with other high-level delegates from the US Treasury.

The meeting addressed ways of increasing consultations, data sharing, and coordination between the UAE and the United States on banking and financial service matters.

Al-Ghurair said, 'It gives us great pleasure to welcome the US Treasury Under Secretary on her visit to the UAE, which underpins our joint commitment to strengthen ties between the United States and the UAE in banking and financial service matters. As friends with numerous shared interests and common values, we are continuously addressing key challenges across the banking sector, with the aim of creating further economic prosperity and promoting security.'

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