Authorities in the UAE have moved to reassure the public that the country’s #financialsystem remains strong and fully operational despite rising #geopoliticaltensions across the region. The Central Bank of the UAE said banks, financial institutions and insurance companies across the country continue to operate normally and provide services without disruption nationwide. Khaled Mohamed Balama, Governor of the Central Bank of the UAE, said the sector remains resilient and well positioned to navigate evolving regional developments. “The UAE’s banking and financial sector continues to demonstrate the highest levels of resilience and stability,” Balama said. “Banks, #financial institutions, and insurance companies across the country are operating normally and continue to deliver their services to customers and the public efficiently and without disruption nationwide.” Confidence in the country’s financial system rests on decades of regulatory development and institutional oversight that ...