CBUAE's foreign assets up to AED 592.11 billion in June

Foreign securities are down to AED 165.42 bn from AED 171.03 during the same reference period, with other foreign...

CBUAE imposes financial sanction on exchange house

The Central Bank of the UAE (CBUAE) imposed a financial sanction on an exchange house operating in the UAE,...

CBUAE revokes licence of Dirham Exchange and registration of RMB

The administrative sanctions are the result of the examinations’ findings conducted by the CBUAE, revealing serious...

UAE: Central Bank raises base rate by 25 basis points

The Central Bank of the UAE (CBUAE) has decided to raise the Base Rate applicable to the Overnight Deposit Facility...

UAE one of fastest-growing economies in 2022: CBUAE

The UAE’s real GDP growth accelerated during 2022 due to a robust recovery in non-oil GDP and a sizable expansion of...

UAE banking sector capitalised with adequate liquidity buffers

The report discusses global and local macroeconomic conditions, and domestic asset markets, and provides a detailed...

UAE hosts annual Egmont Group Plenary to discuss use of IT

Under the patronage of Sheikh Mansour bin Zayed Al Nahyan, Vice President, Deputy Prime Minister, Minister of the...

UAE's airports received 31.8 million passengers in Q1: CBUAE

The UAE airports received as many as 31.8 million passengers in the first quarter of 2023, an increase of 11.5...

Islamic banks' assets up to AED 650 bn: CBUAE

The apex bank's statistics reflect an increase in Islamic banks' credit to AED 400.2 billion at the end of March...

CBUAE imposes administrative sanctions on 8 banks

The administrative sanctions take into account the banks' failures to comply with the CBUAE's instructions not to...

UAE, Morocco review strengthening financial, economic cooperation

Alongside Al Hussaini, the meeting was attended by Khaled Mohammed Balama, Governor of the Central Bank of the UAE...

UAE to participate in Arab Financial Institutions' meeting

Mohamed bin Hadi Al Hussaini, Minister of State for Financial Affairs, will lead the UAE delegation, which will...