The UAE has updated its Central Bank law with the introduction of Federal Decree Law No. (6) of 2025, aimed at strengthening financial stability, enhancing consumer protection, and aligning the country's banking regulations with global standards. Key provisions include stronger oversight of financial institutions, measures for early intervention in cases of financial distress, and a unified complaints system for consumers. The law also increases accountability by raising ends for violations and promoting financial inclusion through improved access to banking services. Additionally, the Central Bank has been granted expanded powers to manage foreign reserves and ensure the stability of the financial system, while supporting the UAE's push for digital innovation and financial sector competitiveness. (ICE DUBAI)

Fonte notizia: https://www.arabianbusiness.com/industries/real-estate/dubai-property-sales-soar-379-9-in-five-years