Lower interest rates from the UAE central bank will make personal loans more affordable, resulting in smaller payments and less interest paid over the loan term
business1 day ago
The Department of Energy – Abu Dhabi (DoE) has been mandated to regulate the trade of petroleum products in the emirate.
DoE will develop a comprehensive framework to regulate trade, covering five key areas, namely; law and regulation; collaboration with stakeholders; technical permitting; inspection and compliance; and enforcement.
The department will also establish standards, codes, and technical and operational requirements, and communicate them to all relevant parties, and will collaborate with stakeholders to communicate and coordinate new regulation and control requirements.
DoE will act as the competent authority in line with Federal Law No. (14) of 2017 regarding the regulation of petroleum products trading, and as mandated through Law No. (5) of 2023 regarding the regulation of petroleum products trading in Abu Dhabi.
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