The Steering Committee and National Swift User Group in the UAE held their regular meeting on 8 December 2025, chaired by Jamal Saleh, Director General of the UAE Banks Federation UBF and Chairman of the UAE Swift User Group Committee. The meeting focused on the continued development of digital payment systems and banking operations under the direct supervision of the Central Bank of the UAE CBUAE.
During the session, committee members reiterated their commitment to supporting digital transformation and enhancing the UAE's financial infrastructure. The group aims to meet customer requirements, boost confidence in the banking sector, and advance the objectives of the National Payments Strategy and the Financial Infrastructure Transformation Programme, which seek to accelerate digitalization and strengthen the UAE's position as a global hub for banking, finance, and international trade.
The meeting reviewed recent initiatives by the Steering Committee to improve payment operations, increase the efficiency and security of bank transfers, and leverage CBUAE's legislative and regulatory frameworks to support technological progress and innovation. Participants highlighted the role of UBF in positioning the UAE to host SIBOS 2029, the world's leading banking operations conference organized annually by the Society for Worldwide Interbank Financial Telecommunication SWIFT. The committee confirmed its commitment to work closely with UBF and strategic partners-including the Dubai International Financial Centre DIFC, Dubai World Trade Centre DWTC, and Dubai Department of Economy and Tourism DET-to ensure the event reflects the UAE's leadership in financial services.
