The Central Bank of the United Arab Emirates (CBUAE) said in a statement that as per Article 33 of the Federal Law No. (48) of 2023 on Regulations, the takaful insurer is prohibited from issuing new insurance contracts.
AD Ports Group said in a statement that it had signed agreements with two UAE banks to finance its $2.25 billion syndicated loan on more favorable terms.
The balance sheet of the Central Bank of the United Arab Emirates (CBUAE) has announced that the balance sheet of this bank reached 750 billion dirhams at the end of last February.