UAE | Government
FNC seeks answers on effect of global crisis on local banks
The Federal National Council (FNC) will ask the government to describe the precise effect of the global financial crisis on the banking sector in the UAE.
- WAM
- Published: 23:45 December 13, 2008
Abu Dhabi: The Federal National Council (FNC) will ask the government to describe the precise effect of the global financial crisis on the banking sector in the UAE.
It will also address questions to the government on the issue of the fictitious investment portfolios. A number of other key topics will also be debated when the FNC convenes on Tuesday in the second round of the third ordinary session in the 14th Legislative chapter.
The FNC is preparing to open a discussion on a letter sent to it by the Ministry of State for FNC Affairs regarding government's rejection of a request by the Council to embark upon a wider discussion on the topic of national identity.
The next session promises to be lively with discussions on the expatriate labour in UAE and the influence of the new regulations introduced by the Ministry of Labour.
A tobacco draft law will also be discussed.
More from UAE Government
More from UAE
Latest news
- Youngsters dance and raise cash for charity
- Dubai departments upgrade services
- Get yourself a free test for diabetes
- Ensuring a safety net for intellectual property
- Reader's issue addressed
- 5,552 illegals held in Dubai this year
- Man cleared because he took drugs in France
- Man charged with trafficking women
- Auditors to probe Mizin graft case
- Transfusion centre launches new toll free number
- Mirror, mirror show me the way
- Last minute ID rush is on
- Breaking down cultural barriers with photographs
- Car seats for children: Unsafe at any speed
- Abu Dhabi Crown Prince visits Islamic centre
Community Reports
-
Mirror, mirror show me the way
Driver on Salam Street had so many boxes and fruits piled into car, he would not be able to view rear or right side mirrors
-
Parents should be more vigilant
Reader's picture highlights risk of negligence by caretakers
-
Warming up to ‘Mobilise the Earth' theme
Dubai school dedicates a whole week to celebrating Earth Day with can-collection drives, sapling plantation and painting competition among others
-
Drivers using mobiles put others' lives at risk
Speeding is dangerous for the driver and other motorists
