Ministry of Finance and the Abu Dhabi Department of Finance sign deal to finance 605km stage of Etihad Rail network
UAE Ministry of Finance
CBUAE
New UAE law to raise Central Bank’s capital
The federal decree designates CBUAE staff as judicial officers and sets up an independent grievances and appeals committee
General federal budget
UAE gov’t revenues exceed $10bn in first half of 2018
UAE Federal ministries report total revenues in H1 that represent over 75% of total budgeted amount for 2018
Government Spending
UAE federal government spending tops $13.2bn in 2017
Public services and the safety sector accounted for more than half of the total, according to new figures from the Ministry of Finance
bankruptcy law
UAE establishes financial re-structuring committee
New committee will appoint experts to carry out the provisions of the UAE’s bankruptcy law and carry out awareness campaigns for the public
Ministry of Finance
UAE tops 11 global competitiveness indices
UAE Minister of Finance Sheikh Hamdan bin Rashid Al Maktoum says the rankings “are a source of pride” for the country
Blockchain
Finovate Middle East to take place on February 26-27 in Dubai
The event will discuss financial inclusion and emerging technologies