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Ethiopia and UAE Discuss Enhanced Financial Cooperation

Bangkok:Ethiopia and the United Arab Emirates are exploring opportunities to deepen financial and banking cooperation, focusing on strengthening ties and facilitating expertise exchange.

According to Ethiopian News Agency, Eyob Tekalign, Governor of the National Bank of Ethiopia, met with H.E. Khaled Mohamed Balama, Governor of the Central Bank of the UAE and the UAE's Governor to the International Monetary Fund, during the 2026 IMF-World Bank Group Annual Meetings in Bangkok, Thailand.

Their discussions aimed at identifying opportunities to enhance cooperation between the two central banks, with a particular emphasis on financial and banking services and the exchange of institutional expertise. A press release from CBE highlighted that the meeting builds on the existing partnership, reinforcing relations between Ethiopia and the UAE and opening further opportunities for collaboration in the financial sector.