Khaled Mohamed Balama, Governor of the Central Bank of the UAE (CBUAE), took part in the 48th regular session of the Council of Arab Central Banks and Monetary Authorities’ Governors, which was held in Cairo under the patronage of Egyptian President Abdel Fattah El-Sisi, and attended by Prime Minister Dr. Mostafa Madbouly.
The meetings addressed a variety of key economic issues, particularly the management of monetary policy in a challenging and uncertain environment, as well as the effects of private sector debt on financial stability in Arab nations.
The discussions also explored the role of central banks in tackling climate change challenges and the regulatory frameworks for artificial intelligence applications within the financial sector.