Financial and Banking News


UAE Central Bank Board Appointed

After a one-year hiatus, the Board of the UAE Central Bank has been appointed, clearing the way for important decisions on regulatory policy and bank mergers in the country, as well as allowing an annual report to be published. The old seven-member board has been reappointed for a further four years, and includes as its chairman Shaikh Surur bin Muhammad, the chamberlain of the presidential court and a nephew of...