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The banking industry strategy for 2023 has been endorsed by the UAE Banks Federation. Emiratisation, with a target of employing 5,000 UAE citizens by 2026, and collaboration with the Emirates Institute of Banking and Financial Studies (EIBFS) to establish a training programme to prepare future banking and financial sector executives, are part of the plan.
Abdulaziz Al Ghurair, head of the UAE Banks Federation, presided over the annual general meeting. Federation members accepted the AGM minutes, as well as the audited financial statements and auditors’ report for 2022. The Board of Directors was released from any liabilities deriving from their activities for the fiscal year ending December 31, 2022, and auditors for 2023 were appointed.
