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The Role of the UAE Central Bank in Economic Stability and Enhancing the Financial Sector in the UAE

The UAE Central Bank plays a crucial role in maintaining national economic stability and developing the financial sector. By managing monetary policies, supervising banking activities, and promoting innovation in financial technologies (FinTech), it ensures the stability of the dirham and fosters an attractive investment environment. The Central Bank also supports economic diversification by encouraging growth in non-oil sectors, boosting investor confidence, and strengthening the UAE’s position as a global financial hub