Land reclamation in the United Arab Emirates is built on a man-made island, was started in 1994 and completed in 1999. Ras Al Khaimah The emirate of Ras Al Khaimah has also joined the race to build new land reclamation projects. Such projects include Al Marjan Island and its Real Madrid Resort Island. The Palm Islands are located off the coast of The United Arab Emirates in the Persian Gulf and will add 520 kilometers of beaches to the city of Dubai. There have been numerous environmental and economic concerns regarding the various land reclamation projects in the UAE. For example, extraction of rock and sand harms
Central Bank of the United Arab Emirates the Central Bank; dirham-denominated certificates of deposit; and currency in circulation. The department is organized into four main sections: Capital Markets, Money Markets and Foreign Exchange, Certificates of Deposit, and Back Office Settlements. This department undertakes audit functions across the following areas. Central Bank of the United Arab Emirates The Central Bank of the United Arab Emirates () is the state institution responsible for managing the currency, monetary policy and banking regulation in the United Arab Emirates (UAE). It was established on as the United Arab Emirates Currency Board. This followed the creation of the UAE as an independent state