Dubai PR Network, Online Press Release from Dubai and Middle East
 
Banking & Insurance(Banking & Investments)
Filter PR by
  
Press Statement from the Central Bank of the UAE about the new Federal Government debt law
 

Dubai, UAE, October 15, 2018:   H.E Mubarak Rashed Al Mansoori, Governor of the Central Bank of the UAE: “The new Federal Government debt law lays the foundations for the development of a bond market in dirham denomination in the UAE. This is important as it will create deeper, more resilient financial markets, benchmark the yield curve, provide more diversified sources of financing, mobilise additional domestic savings and attract capital inflows. The development of vibrant public and private bond markets (including Sukuk) will also facilitate compliance with liquidity requirements (Basel III), and allow investors to balance risks in more diversified portfolios.

Overall, this is in line with the Nation’s vision to press ahead with further diversification of the economy, and will underpin the UAE’s position as a growing regional and global financial centre, and further improve the UAE’s credit rating.”

 


Posted by : Dubai PR Network Editorial Team
Viewed 10089 times
PR Category : Banking & Investments
Posted on : Monday, October 15, 2018  3:06:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Arab Bank Group profits grow by 7% to $643 million for nine ...
Next Story : Trade Bank Iraq named Best Iraqi Bank by Global Finance Publ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Make Up for Ever Introduce Two New High Performance Products Within the Aqua Resist Range [7860-Views]
Mouawad Reveals the Journey of the Extraordinary Botswana Diamond [5974-Views]
Eid Gift Ideas by The Body Shop UAE [5355-Views]
VIP Drivers Announced for the Jaguar I-pace Etrophy ‘Lockdown Showdown' in Berlin [4047-Views]
Two Emiratis claim GUINNESS WORLD RECORDS titles in July [3505-Views]
Parmigiani Fleurier to participate at first Watches & Wonders -Shanghai' [2944-Views]
The Potential of Colour as a Design Element [2882-Views]
Joyalukkas Announces its Mega Eid Discount Offer [2784-Views]
Parmigiani Fleurier to Participate at first Watches & Wonders -Shanghai [2546-Views]
Kristina Fidelskaya - Summer Essential [2440-Views]
Six of the Best Tech Gifts This Eid [2181-Views]
Deema Ajlani | The Eid Edit [2157-Views]
PayBy Partners With Lulu to Bring Shoppers Contactless and Secure Payment Solutions [2046-Views]
Siemens Compressors Selected for Gas Reservoir Storage Project with Saudi Aramco [1976-Views]
Ooredoo Qatar and Ericsson reach new heights in 5G [1972-Views]
Instinctif Partners and Advert One Complete IPO Advisory Role for Amlak International [1964-Views]
NYU Abu Dhabi Astrophysicist Investigates the Possibility of Life below the Surface of Mar... [1906-Views]
Save up to AED 25,000 on Pre-Owned Lexus Cars with Al-Futtaim Auto Fest [1906-Views]
Eid Al Adha Gift Guide [1894-Views]
Safe Start-up of Unit 1 of Barakah Nuclear Energy Plant Successfully Achieved [1882-Views]
Schneider Electric Shows They Are Acting to Build a Green and Inclusive Future for All Thr... [1870-Views]
EWEC Announces Partners to Develop the World's Largest Solar Power Plant [1853-Views]
UAE Team Emirates Return to Racing at the Vuelta Burgos [1820-Views]
Win Big at Dalma Mall with the ‘Eid Family Shopping Challenge' [1812-Views]
“New Law to Position Dubai as World's Commercial and Start-up Hub for Drone Services – FED... [1779-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories