Sheikh Maktoum launches Arab cost platform

Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Prime Minister of the UAE, Minister of Finance and Deputy Ruler of Dubai, introduced on Monday the launch of the Buna Payments Platform to facilitate the clearing and settling of Arab funds.

Taking to social media platform X, Sheikh Maktoum stated the progressive platform delivers superior cost options that meet the best world requirements of compliance.

He wrote that the platform underscores the essential function of cost programs in bolstering the Arab economic system’s infrastructure and is pivotal in selling monetary inclusion. Additionally, it enhances efforts in direction of financial and monetary integration inside the Arab area.

The UAE continues to assist efforts to consolidate monetary infrastructure programs throughout the Arab world, driving complete growth and shaping the way forward for the area, he added.

We launched at present the Buna Payments Platform to facilitate the clearing and settling of Arab funds. This progressive platform delivers superior cost options that meet the best world requirements of compliance.

The platform underscores the essential function of cost programs… pic.twitter.com/LP3BardfuP

— Maktoum Bin Mohammed (@MaktoumMohammed) February 12, 2024