The Central Bank of the UAE announced on Monday that it will cut interest rates, beginning on Monday (March 16), following US Federal Reserve cuts to contain the economic repercussions of coronavirus, COVID-19.
CBUAE cautioned consumers saying that it would never ask consumers about private information — such as personal and bank account information. It warned consumers to be alert and aware of malicious phone calls and WhatsApp messages claiming to be from CBUAE.
First Abu Dhabi Bank (FAB), today reported its full year financial results for 2019, announcing a net profit of Dhs12.5 billion, up 4 per cent from Dhs12.0 billion in 2018.
Brigadier Mubarak Khalfan Al Razi, Director of the Punitive and Correctional Institution, said the implementation of the system is part of a series of preventive and precautionary measures taken by the country to ensure the safety of community members, by limiting the presence of people visiting institutions to hand over cash to inmates.
With more than 35 years of experience in the banking and financial services, Saeed held key positions as a board member of the First Abu Dhabi Bank, the Abu Dhabi Developmental Holding Company, the Emirates Investment Authority, the Abu Dhabi Securities Exchange and Sky News Arabia.