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UAE Central Bank steps in to shield banking system as conflict tests markets - Khaleej Times

UAE Central Bank steps in to shield banking system as conflict tests markets. The UAE Central Bank has taken proactive measures to safeguard the nation's banking system amidst escalating geopolitical tensions that are testing global financial markets. The move aims to ensure stability and confidence within the financial sector as regional and international conflicts create uncertainty. Officials stated that the central bank is closely monitoring market developments and is prepared to deploy necessary tools to maintain liquidity and solvency across all financial institutions. This intervention underscores the UAE's commitment to financial resilience and its role as a stable economic hub in the region.

18 Mar, 16:43 — 18 Mar, 16:43
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