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New rule for UAE banks for issuing cheque books

Abu Dhabi / WAM Central Bank of the UAE (CBUAE), has issued a circular to banks regarding the issuance of cheque books as part of its ongoing efforts to improve responsible lending practices by banks. Before issuing customers with cheque books, banks are now required to carry out checks with the Al Etihad Credit Bureau (AECB), to ensure the creditworthiness ...

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UAE leads in vertical agriculture in region

Abu Dhabi / WAM The National Food Security Strategy in the UAE aims to develop a comprehensive system, which aims to achieve sustainable food production. The system will involve 38 short and long-term initiatives, as per the “2051 Vision” and “2021 Work Agenda.” Many specialist newspapers highlighted the UAE’s plans and projects that aim to attract major investment in vertical ...

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UAE looks to expand ties with friendly nations: Mohamed

Abu Dhabi / WAM His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and President Mahamadou Issoufou of the Republic of Niger, discussed on Monday, means to develop bilateral relations between the two friendly countries. Sheikh Mohamed bin Zayed welcomed President Issoufou and his accompanying delegation, adding ...

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