UAE Ministry of Finance


Abu Dhabi
ae

UAE Ministry of Finance News

UAE Ministry of Finance reviews federal bankruptcy law

The UAE Ministry of Finance (MoF) said it has reviewed the final draft of the federal bankruptcy law recently approved by the UAE Cabinet. The law creates the Committee of Financial Restructuring, which will oversee the procedures of financial restructuring that exist outside the scope of the court and the creation of an electronic record of individuals involved in bankruptcy rulings. Read More »

International Monetary Fund Article IV mission assesses UAE economy

The Article IV mission of the International Monetary Fund (IMF) presented its valuation of the economic and financial performance of the UAE at a meeting with the Ministry of Finance to review the ministry's policies that boost the national economy. The IMF report noted the country’s ability to develop growth equal to twice the economic expansion of the eurozone. Read More »

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