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Under chairmanship of Mansour Bin Zayed, the President issues decree reforming the UAE Central Bank

Princess Tarfa

His Highness the President Sheikh Khalifa Bin Zayed Al Nahyan has released a Federal Decree reorganizing the Central Bank of the UAE (CBUAE) Board of Directors. It will be further headed by Sheikh Mansour Bin Zayed Al Nahyan, the Deputy Prime Minister and Minister of Presidential Affairs.

According to the Decree, the CBUAE Board of Directors will be reassembled with the following members: Vice Chairman Abdulrahman Saleh Al Saleh, Vice Chairman Jassem Mohammad Buatabah Al Zaabi, and Governor Khalid Mohammed Salem Balama.

Younis Haji Al Khoori, Sami Dhaen Al Qamzi, and Dr. Ali Mohammed Bakheet Al Rumaithi are on the board of directors.

The CBUAE is a public agency established under Federal Law No. 10 of 1980 to promote financial and monetary stability, productivity, and sustainability in the financial system. It will also look into the matters towards consumer protection, through effective regulation that facilitates economic development and contributes towards establishing a self-sustaining economic system.

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