India, UAE sign MoUs for use of local currencies for transactions

Prime Minister Narendra Modi said, "This is a very important aspect of India-UAE cooperation. It paves the way...

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...

Talks on Rupee-Dirham-based trade gathered pace: Piyush Goyal

Union Commerce Minister Piyush Goyal said that the Reserve Bank of India and Central Bank of the UAE are in...

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...

USD40 Million cash package arrives in Afghanistan

Afghanistan's Central Bank, Da Afghanistan Bank (DAB) on Sunday announced that a fresh USD40 million cash package...

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...

Lebanon accuses Lebanese Central Bank governor of embezzlement

Riad Salameh, the long-serving Governor of the Central Bank of Lebanon has been accused by the relevant authorities...

Central Bank of India profit jumps 84.19 pc to Rs 571 crore in Q4

"Operating profit has shown a growth of 16.27 per cent on a year-on-year basis to Rs 2,108 crore for the fourth...

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...

Islamic banks' assets amounted to AED 620.9 billion

The central bank statistics reflect an increase in credit for Islamic banks to AED 396.9 billion at the end of...

UAE Expert Group hold several meeting with international partners

The UAE delegation, coordinated by the Ministry of Foreign Affairs and International Cooperation, also included...