The UAE has hosted its first Strategic Financial Dialogue with Bahrain, marking the operational launch of the memorandum of understanding signed between the two countries.
Framework for financial integration
Organised by the Ministry of Finance, the dialogue brought together senior officials from both sides to advance cooperation across four pillars. Moreover, the framework focuses on structured policy dialogue, technical cooperation, joint initiatives, and continuous implementation and review. The sessions aim to align fiscal and financial perspectives and address shared challenges across taxation, customs, investment, and financial technology.
Policy coordination and expertise exchange
Officials emphasised that the dialogue will support closer financial integration through regular engagements, knowledge exchange, and joint research. Additionally, cooperation will extend to legislation, debt management, government procurement, and the use of advanced technologies and artificial intelligence in public financial systems.
Long-term cooperation roadmap
The dialogue also established mechanisms for monitoring progress and evaluating outcomes. Therefore, the initiative is expected to deliver a sustainable roadmap that strengthens institutional capacity, supports innovation, and deepens the long-standing financial partnership between the UAE and Bahrain.
