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UAE reviews policy
- United Arab Emirates: Saturday, December 29 - 2007 at 07:43
The Governor of the UAE Central Bank Sultan bin Nasser Al Suwaidi has said foreign banks will enjoy more operational freedoms in 2008, reported Emirates Business 24/7. It is thought changes could involve upping the limit on the number of branches from the present eight, while more foreign banks may be given licenses next year. There are currently 48 banks in the UAE with 22 of them being local.
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Jonathan Sheikh-Miller, Deputy EditorSaturday, December 29 - 2007 at 07:43 UAE local time (GMT+4)
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