Central Bank of the U.A.E.

Brief History

In 1973 the UAE Currency Board was formed under the Union law (2) 1973. In December 1980 the currency board was transformed into a central bank, named as above, under Union Law N°. (10), 1980. It issues currency, safeguards the value of the currency, performs regulatory functions, and is lender of last resort.


Mansour Bin Zayed Al Nahyan

Vice Chairman

Abdulrahman Al Saleh
Jassem Mohammad Buatabah Al Zaabi


Khaled Mohamed Balama Al Tameemi
Terms of appointment: four years

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