Vehicles stop at a red light in front of the main branch of UAE Central Bank in Abu Dhabi. Reuters
A Federal Decree restructuring the Board of Directors of the Central Bank of the UAE, CBUAE, under the chairmanship of Sheikh Mansour Bin Zayed Al Nahyan.
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
Abu Dhabi’s main stocks index was up 7.23 per cent to 3,915 points on Wednesday, driven by gains at some of the blue chips, specially powerhouse banking stocks, with DFM’s General Index following suit, and closing 6.42 per cent high at 1,823.
First Abu Dhabi Bank (FAB), the UAE’s largest bank and one of the world’s largest and safest financial institutions, is implementing a series of additional financial relief measures to support customers during the current COVID-19
DP World has invested more than $10 billion (Dhs37.3 billion) in the global logistics sector since 2012, making it one of the top five overseas investors in this period,
International Monetary Fund (IMF) chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed “the need for vigilance”
Expo Centre Sharjah has announced it is all set to kick off the 40th edition of “Ramadan Nights 2023,” a highly anticipated commercial and marketing event in the Emirate of Sharjah.