Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, issued a federal decree restructuring the Board of Directors of the Central Bank headed by His Highness Sheikh Mansour bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Affairs Presidency.
According to Emirates News Agency, the council includes the following members whose names are:
- His Excellency Abdul Rahman Saleh Al Saleh, Vice President.
- His Excellency Abdul Hamid Muhammad Saeed, Governor of the Central Bank.
- His Excellency Younis Haji El-Khoury.
- His Excellency Khaled Mohamed Salem Balama.
- His Excellency Khaled Ahmed Hamid Al Tayer.
- His Excellency Dr. Ali Muhammad Bakhit Al-Rumaithi.
The Central Bank of the United Arab Emirates was established under Federal Law No. 10 of 1980 as a public institution.
The bank works to enhance monetary and financial stability, the efficiency of the financial system, and the protection of consumers, through effective supervision and control that contributes to supporting a sustainable economic system.
Among its most important goals is to maintain the stability of the national currency within the framework of the monetary system, to contribute to the promotion and protection of financial stability in the country, and to ensure rational management of its foreign reserves.
(Amazon fun of knowledge)
