Financial and Banking News
UAE governor Calls for Public Investment Authority
The Governor of the Central Bank of the UAE, Mr. 'Abt al-Malik al-Hammar,has called for the establishment of one or more 'public investmentauthorities" in each of the member states of the GCC, whose function itwould be to offer advice to investors. Mr. al-Hammar made the suggestion in amessage to a seminar held in Sharjah on 21 November dealing with capitalmarkets. His...