Search For "cbu"
UAE banking sector capitalised with adequate liquidity buffers: Report
Updated : 2 years, 10 months ago IST
The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed assessment and evaluation of the UAE banking system. This is in addition to outlining the variety of tools deployed by the CBUAE as part of its macroprudential mandate, as well
Read More
UAE hosts annual Egmont Group Plenary to discuss use of IT to enhance AML/
Updated : 2 years, 11 months ago IST
Under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the Presidential Court, and Chairman of the Central Bank of the UAE (CBUAE), Khaled Mohamed Balama, Governor of CBUAE and Chairman of the UAE National Anti Money Laundering and Comba
Read More
Racing like No Other: The New BMW M 1000 RR Launched in India
Updated : 2 years, 11 months ago IST
Gurugram (Haryana) [India], June 28: The new BMW M 1000 RR was launched in India today. Available as completely built-up units (CBU), this motorcycle can be pre-ordered at all BMW Motorrad India-authorised dealerships from today onwards. The deliveries for the same will begin in November 202
Read More
UAE's airports received 31.8 million passengers in Q1: CBUAE
Updated : 2 years, 11 months ago IST
The UAE airports received as many as 31.8 million passengers in the first quarter of 2023, an increase of 11.5 million passengers from the same period in 2022, when about 20.4 million passengers were recorded,
Read More
Islamic banks' assets up to AED 650 bn by end of March 2023: CBUAE
Updated : 2 years, 11 months ago IST
The apex bank's statistics reflect an increase in Islamic banks' credit to AED 400.2 billion at the end of March 2023, an annual growth of 2.51 per cent compared to nearly AED 390.4 billion in March 2022, and a month-over-month increase of 0.91 per cent, from AED 396.6 billion in February.
Read More
Purebred: The All-New BMW M2 Launched in India
Updated : 2 years, 11 months ago IST
Gurugram (Haryana) [India], June 8: The all-new BMW M2 was launched in India today. This compact two-door, four-seater high-performance sports car will be available in the country as a Completely Built-Up (CBU) model from today onwards.
Read More
CBUAE imposes administrative sanctions on 8 banks operating in UAE
Updated : 3 years ago IST
The administrative sanctions take into account the banks' failures to comply with the CBUAE's instructions not to grant any loans or credit facilities to the beneficiaries of loans granted by the NDDSF, including credit cards.
Read More
Unleash Dominance: The First-Ever BMW X3 M40i Launched in India
Updated : 3 years ago IST
Gurugram (Haryana) [India], May 12 (ANI/BusinessWire India): The first-ever BMW X3 M40i was launched in India today. The car will be available in limited units and can be exclusively booked at the BMW Online Shop. The first-ever BMW X3 M40i is available in the country as a Completely Built-U
Read More
UAE, Morocco review strengthening financial, economic cooperation
Updated : 3 years, 1 month ago IST
Alongside Al Hussaini, the meeting was attended by Khaled Mohammed Balama, Governor of the Central Bank of the UAE (CBUAE); and Mohammed Saif Al Suwaidi, Director General of Abu Dhabi Fund for Development (ADFD); as well as several senior officials from both parties.
Read More
UAE to participate in Joint Annual Meeting of Arab Financial Institutions
Updated : 3 years, 1 month ago IST
Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, will lead the UAE delegation, which will include Khaled Mohammed Balama, Governor of the Central Bank of the UAE (CBUAE); Younis Haji Al Khoori, Undersecretary of Ministry of Finance; and Ibrahim Obaid Al Zaabi, CBUAE's A
Read More
UAE to participate in Joint Annual Meeting of Arab Financial Institutions
Updated : 3 years, 1 month ago IST
Al Hussaini emphasised the significance of these meetings in offering a robust platform for exchanging views and discussing the most prominent financial and economic topics and developments in the Arab region.
Read More
Islamic banks' assets amounted to AED 620.9 billion by end of January 2023
Updated : 3 years, 1 month ago IST
The central bank statistics reflect an increase in credit for Islamic banks to AED 396.9 billion at the end of January 2023, an annual increase of 3.5 percent compared to nearly AED 383.36 billion in January 2022, and an increase of nearly AED 13.3 billion in 12 months.
Read More