Abu Dhabi: The Central Bank of the United Arab Emirates has joined a key debt market network operated in Hong Kong, marking a new step in financial cooperation between the Gulf region and Asia.

The agreement allows the UAE to connect with Hong Kong’s Central Moneymarkets Unit, a system that helps financial institutions clear and settle debt securities. Through this link, banks and investors in the United Arab Emirates will gain easier access to Chinese bonds and other financial assets.

The Central Moneymarkets Unit is managed by the Hong Kong Monetary Authority. By joining the platform, the UAE becomes part of a wider network that supports cross border investment and strengthens Hong Kong’s position as a global hub for offshore renminbi business.

Officials from both sides said the move will help diversify investment opportunities and improve financial connectivity between the Middle East and Asia. It also reflects growing economic ties between the United Arab Emirates and China, especially in trade, finance and infrastructure cooperation.

During recent meetings between senior officials of the two monetary authorities, discussions went beyond debt markets. They also covered digital finance, tokenisation of assets, stablecoin regulation and cooperation in financial technology. This shows that the partnership is not limited to traditional banking but also looks ahead to new forms of digital finance.

Analysts say the decision comes at a time when many countries are seeking to deepen access to Asian capital markets. For the UAE, the step strengthens its ambition to position itself as a global financial bridge linking Asia, the Middle East and Africa.

The development also supports wider efforts by China to promote the international use of its currency and to expand financial links with key global partners.

With this new connection in place, financial institutions in both regions are expected to benefit from smoother investment flows and broader access to debt markets in the years ahead.