UAE President Issues A Federal Law On Public Debt

The debt law will also support the establishment of a secondary market for government securities through which public debt instruments can be traded in UAE financial markets to meet the liquidity needs of the banking sector.


UAE issues federal law on public debt

The law will enable banks operating in the state to purchase government bonds in dirhams or foreign currencies, which will help them comply with Basel III requirements.


Crowe Oman Opens New Office

He said, “Artificial Intelligence, blockchain, machine learning and cryptocurrencies are no longer fancy terminologies but the future of business.