Hosting SIBOS 2029 testament to UAE's key position

UAE Banks Federation (UBF) has reaffirmed that the selection of Dubai to host SIBOS 2029, the annual conference, exhibition and networking event organised by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), reflects the global confidence in UAE's premiere position and its vital role in leading initiatives to develop the financial, banking, and payments industry.

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SIBOS (previously known as SWIFT International Banking Operations Seminar) is a global financial services event.

The UAE was the first country in the Middle East and Africa to be selected by the global financial and banking sector to host SIBOS in 2013. This high-level event was held in several international financial centres such as Singapore, Geneva, Toronto, London, Amsterdam, and Beijing.

The selection of the UAE to host SIBOS 2029 reflects efforts made by UBF in cooperation with its partners: Dubai International Financial Centre (DIFC), Dubai World Trade Centre (DWTC), and Dubai Department of Economy and Tourism (DET), and the support of the Central Bank of the United Arab Emirates (CBUAE).

SIBOS 2029, to be held in Dubai, will provide UAE banks with the opportunity to highlight to all SWIFT participants UAE's financial and banking industry's development. SIBOS attracts more than 10,000 leaders of financial institutions, banks, fintech companies, suppliers, and service providers from around the globe.

UBF renewed the commitment of UAE's banking and financial sector to work with its strategic partners, and in full cooperation with CBUAE, to ensure the full success of this international event.