UAE: CBUAE maintains Base Rate at 5.40 pc

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

UAE banking sector demonstrates resilience amid global challenges

Saleh attributed this success to the effective strategies implemented by the Central Bank of the UAE (CBUAE),...

Growth indicators of insurance sector in UAE

The insurance sector in the UAE witnessed growth and expansion across various key indicators during 2022, according...

UAE: CBUAE maintains Base Rate at 5.40 per cent

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

UAE national banks reaffirms leadership’s goals

Abdulaziz Al Ghurair, Chairman of UAE Banks Federation, announced the pledge at an event organised jointly by...

UAE: CBUAE enhances Emiratisation efforts in financial sector

As part of its commitment to the UAE's Emiratisation agenda, the Central Bank of the UAE (CBUAE) will participate in...

UAE: Sharjah Ruler receives CBUAE Governor and EIF’s BoD

Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, received, on Monday, morning,...

NPCI, UAE Etihad payments ink MoU for cross-border remittances

This MoU will facilitate the users of both countries, which would be as seamless as a domestic transaction using...

CBUAE lifts monitoring imposed on bank operating

The Central Bank of the UAE (CBUAE) announced the conclusion of administrative measures it had previously imposed on...

Central Bank’s budget totalled AED650 billion for H1 2023

The Central Bank of the UAE's public budget reached an all-time high of AED650 billion by the end of June 2023, as...

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,...

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...