Arab Monetary Fund, Bahrain FinTech Bay reinforce their cooperation to Drive Financial Innovation in the Arab region through knowledge sharing and skills development
Arab Monetary Fund, Bahrain FinTech Bay
reinforce their cooperation to Drive Financial Innovation in the Arab region through knowledge sharing and skills development.
Dubai, UAE – The Arab Monetary Fund (AMF) and Bahrain FinTech Bay (BFB) today took steps to strengthen their partnership, by signing a Memorandum of Understanding (MOU) on the sidelines of Dubai Fintech Summit and the AMF Fintech events in Dubai, UAE. Under the MOU, the two institutions establish a comprehensive framework for collaboration, spanning various critical areas, and how best to leverage their respective comparative advantages to address their shared vision towards building a robust and agile fintech ecosystem and making digital financial services work for financial inclusion and stability across the Arab region. The (MOU) was signed by the HE Fahad Alturki, PhD, Director General Chairman of the Board of the Arab Monetary Fund and Mr. Bader Sater, the Chief Executive Officer of Bahrain FinTech Bay.