UAE credit bureau launched | GulfNews.com:
"The UAE has approved the bylaws for the creation of a nationwide credit bureau that would help create a more robust credit environment in the country by allowing lenders to better establish the credit standing of borrowers.
His Highness Shaikh Mohammad bin Rashid Al Maktoum, UAE Vice President, Prime Minister and Ruler of Dubai, has issued Cabinet Resolution No. 16 of 2014 that paves the way for the official launch of the much-awaited Al Etihad Credit Bureau.
Al Etihad Credit Bureau was created by virtue of Federal Law No. 6 of 2010 which defined ways for requesting, gathering, preservation, analysis, categorization, use, circulation and protection of credit information and related information."
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