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UAE banking sector is well-capitalised with adequate liquidity buffers, CBUAE confirms in Financial Stability Report 2022

The Central Bank of the UAE (CBUAE) today issued its Financial Stability Report for 2022. The report provides a comprehensive assessment of the stability of the UAE financial system, which remained resilient throughout 2022 despite global headwinds, and the banking sector being well capitalised with adequate liquidity buffers. The report …

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Minister of Energy and Infrastructure outlines details of National Electric Vehicles Policy

Suhail bin Mohammed Al Mazrouei, Minister of Energy and Infrastructure, today outlined the details of the National Electric Vehicles Policy, recently approved by the UAE Cabinet. The policy serves as a regulatory framework to guide efforts to align the standards for the infrastructure of electric vehicles charging stations as well …

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UAE welcomes adoption of UNHRC resolution on countering religious hatred

The UAE has welcomed the adoption of the United Nations Human Rights Council (UNHRC) resolution on countering religious hatred as incitement to discrimination, hostility, or violence, stressing the importance of enhancing respect for religions, tolerance, and peaceful coexistence, which are the most effective principles to achieve prosperity, development, and harmony. …

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