According to the report, CBUAE noted that the UAE banking system remains strong, with sufficient capitalisation and liquidity reserves, solid financial performance and high operating efficiency.
Upon arrival, His Highness Sheikh Mohamed Bin Zayed was received by Chinese President Xi Jinping and senior Chinese leaders.
The Large-Value Payment Systems (LVPS) Regulation and the Retail Payment Systems (RPS) Regulation aim to promote robust financial infrastructure, which is essential for financial stability and consumer protection. They also facilitate the UAE’s international competitiveness.
Europe emerged from a double-dip recession in the second quarter with stronger-than-expected growth of 2 per cent over the quarter before, according to official figures released Friday,
European regulators have fined Amazon 746 million euros ($886 million) for data protection violations. Amazon said in a regulatory filing on Friday
Daimler will keep a 35% stake in the trucks division it plans to spin off this year, the luxury carmaker said on Friday, giving more details on a landmark corporate split it hopes will boost share values.