Picture used for illustrative purpose.
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.
The total value of fund transfers among the UAE’s banks amounted to Dhs745.27 billion in January 2021, according to the statistics released by the Central Bank of the United Arab Emirates.
The UAE gross bank assets, including bankers’ acceptances, rallied to Dhs3.172 trillion by the end of January 2021, figures by the Central Bank of the UAE have shown.
The Portuguese Passport is in sixth place amongst the world’s most powerful, according to the Henley Passport Index, giving, in 2021, access to 188 countries.
Rashed Lahej Al Mansouri, Director-General of the General Administration of Abu Dhabi Customs, has said that Abu Dhabi possesses a solid logistical infrastructure and advanced digital technologies that enhance its trade globally.
Abu Dhabi Fund for Development (ADFD) has signed a cooperation agreement with the Emirates Red Crescent (ERC) to finance the development projects supported by the “Mother of the Nation” programme in the Comoros.