The annual general meeting of the Financial and Money Transfer Institutions Group took place in Dubai for 2026, gathering leaders from the sector and representatives from various financial institutions. This event reflects the group’s commitment to strengthening institutional integration and enhancing the sector’s role in supporting financial stability and sustainable economic growth in the UAE. The meeting served as a strategic platform to discuss developments in the money exchange and transfer sector, highlighting its significance in promoting financial inclusion and providing essential services to diverse segments of the community, as well as contributing to tourism and commercial activities.
Participants reviewed the indicators of financial stability within the country, noting that government policies have bolstered investor confidence and solidified the UAE’s position as a global financial hub. They also emphasized the central bank’s pivotal role in developing regulatory frameworks and enhancing the sector’s resilience. Furthermore, the importance of adhering to international standards, implementing best governance practices, and strengthening risk management and anti-money laundering efforts was underscored.
The challenges associated with technological advancements were discussed during the meeting, with a consensus on the need to embrace innovation and enhance institutional coordination to ensure sustainable growth. Additionally, the importance of developing human resources and boosting competitiveness was highlighted, encouraging citizens to pursue careers in banking and money exchange companies.
Professionalism
Osama Al Rahma, Chairman of the Financial and Money Transfer Institutions Group, praised the significant efforts made by state institutions across all sectors, asserting that this collaboration reflects a high level of professionalism and national responsibility. He particularly commended the crucial role played by security agencies in maintaining stability and fostering a safe working environment, which has directly enabled institutions and companies to operate smoothly and regularly. He emphasized that these ongoing efforts bolster business community trust and support sustainable economic development. Rashid Al Ansari, Vice Chairman of the Financial and Money Transfer Institutions Group, affirmed that the achieved stability and security in the UAE forms a solid foundation for the prosperity of various economic sectors, applauding the leadership’s proactive role in establishing the pillars of sustainable development.
At the meeting’s conclusion, participants reiterated their commitment to continue enhancing a supportive regulatory environment for growth and stability.