Egypt Zones accountACCOUNT

Abu Dhabi: Central Bank Discusses Operational Plan for 2018

Source: www.export-egypt.com 12/12/2017, Location: Middle East

Share |
The Board of Directors of the UAE Central Bank has held its 8th meeting under the chairmanship of Khalifa Mohammed Al Kindi, Chairman of the Board.

During the meeting, the Board discussed the Central Bank’s Operational Plan for 2018, HR regulations, policies, procedures and transformation. The Board also discussed and approved the Bank’s budget for the financial year 2018.

It also reviewed Central Bank’s Q3 Report for the year 2017, presented by the Research and Statistics Department, which covered international and domestic economic developments, financial stability indicators, banking liquidity, monetary reserves management, and payment systems developments.

The attendees also discussed some topics presented by Financial Stability Department regarding preparing for and managing financial crises and the results of local banks’ stress tests.

The Board reviewed applications submitted by banks and other financial institutions operating in the UAE, and approved the applications that fulfilled the conditions as per applicable law and regulations for each individual activity.

It also reviewed the following reports; Internal Audit Department’s quarterly report (September 2017) and external auditor’s report on the Central Bank’s financial statements as at 30 September 2017.

The meeting was attended by Khalid Juma Al Majid, Deputy Chairman, Mubarak Rashed Al Mansoori, the Governor, and Board members; Younis Haji Al Khoori, Khalid Mohammed Salem Balama, Khalid Ahmad Al Tayer, as well as by Mohamad Ali bin Zayed Al Falasi, Deputy Governor, Saif Hadef Al Shamsi, Assistant Governor and a group of senior Central Bank staff.

Financials and Investment News in United Arab Emirates >>

Egypt >>  11/21/2024 - An International Monetary Fund (IMF) mission led by Ivanna Vladkova Hollar wrapped up in-person discussions with Egyptian authorities in Cairo regardi...
Egypt >>  11/21/2024 - The Engineering Export Council of Egypt (EEC) revealed that engineering industry exports increased by 25.6 percent from January to September, reaching...

Egypt >>  11/20/2024 - Prime Minister Dr. Mostafa Madbouly held a meeting this morning at the government headquarters in the New Administrative Capital with Mr. Chang Won Sa...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouly, with Mahmoud Esmat, Minister of Electricity and Renewable Energy Minister, and Sultan Al Jaber, UAE Ministe...

Egypt >>  11/20/2024 - Egypt and Australia have seen a significant surge in their bilateral trade relationship, with the trade volume increasing from $270 million in 2015 to...
Egypt >>  11/20/2024 - Egyptian Prime Minister Moustafa Madbouli chaired the Cabinet’s weekly meeting in the New Administrative Capital.

The Cabinet is set to add...





United Arab Emirates Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 |

More News

Oil & Gas Companies in United Arab Emirates >>

Related Links

Egypt Zones
Copyright © Universal Solutions All rights reserved. - Privacy Policy.