Islamic Treasury Bonds Auction for January attracts bids

UAE's Ministry of Finance announces the results of its January Islamic Treasury Sukuk auction, attracting bids worth...

CBUAE, Bank Indonesia sign MoU to bolster cooperation in payments

The Central Bank of the UAE (CBUAE) and Bank Indonesia (BI) have today signed a Memorandum of Understanding (MoU)...

Central Bank of UAE reports 8.6 pc growth in cash deposits

The cash deposits increased by 7.35 per cent during the first 11 months of the previous year, reaching around...

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...

UAE banking sector capitalised with adequate liquidity buffers

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

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...

UAE bank investments at all-time-high of AED 548.5 bn in March

The report, issued on Friday, showed a YoY growth of 16 per cent compared to about AED 472.7 billion in March 2022.

UAE's Central Bank raises base rate at 25 basis points

The event, running under the theme, "Digital Transformation & Trade in the New World Economy", is taking place...